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Permian Basin Oil and Gas Magazine

PBOG is the Official Publication of the Permian Basin Petroleum Association and is published monthly by Zachry Publications, LP.

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Brigham Minerals acquires mineral, royalty interests in Midland Basin

March 3, 2022 by PBOG

Austin-based Brigham Minerals said Feb. 10 it will acquire mineral and royalty interests in Midland Basin in a cash and stock deal ($15 million cash).  The 1,800 net royalty acres are operated primarily by Pioneer Natural Resources and Endeavor Energy Resources.  Estimated 2022 production is 225 to 275 boed.  Closing is expected in April.  Brigham’s portfolio includes interests in Delaware and Midland basins in Texas and New Mexico.

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