One-Page Deal Sheet
Franklin Mountain Picks Up Delaware Basin Acreage from OneEnergy
Franklin Mountain Energy, LLC OneEnergy Partners, LLC
Announced Date
September 06,2018
Close Date
October 30,2018
Transaction Type
Property
Asset/Basin:
{"Permian - Delaware Basin"}
TargetZones:
{"1st Bone Spring","
Net Acres
Location
Region
Permian - Delaware Basin
Country
United States
State
New Mexico
County
Eddy ,Lea
Play
Transaction Details: Require Private Equity Subscription
Franklin Mountain Energy, an affiliate of Franklin Mountain Capital, has entered into a definitive agreement with OneEnergy Partners Operating, LLC to acquire its existing operations and leasehold, totaling approximately 4,280 net acres in Lea and Eddy Counties.
The sale price was not disclosed.
Approximately 77% of the acreage is operated, with a non-operated position in Eddy County.
OEP is a portfolio company of Carnelian Energy Capital, a Houston-based energy investment firm.
The OEP acquisition is expected to close by the end of October. At that time, FME will assume control of all OEP…
Permian - Delaware Basin Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Mar-10-2026 |
-  |
- |
Click here | Texas | E&P |
| Sep-02-2025 |
- |
- |
Click here | Texas | E&P |
| May-07-2025 |
- |
- |
Click here | New Mexico | E&P |
| May-03-2025 |
- |
- |
Click here | New Mexico | E&P |
| Nov-13-2024 |
- |
- |
Click here | New Mexico | E&P |
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Jul-30-2024 | Permian Resources Acquires More Delaware Basin Property | - |
- |
| Jul-28-2024 | Vital Energy Acquires Delaware Basin Property From PE-Backed E&P | - |
- |
| Jun-12-2024 | Matador Resources Acquires PE-Backed Ameredev For $1.9 Billion | - |
- |