Fort Worth-based Kimbell Royalty Partners said Dec. 15 it completed the purchase of 889 net royalty acres in Permian Basin that produce 2,072 boed (58 percent oil) from Austin-based Hatch Royalty for $270.7 million in cash and stock ($150.4 million cash). Kimbell said 2023 production is forecast at 2,522 boed, including 1,439 b/d of oil, in Delaware (90 percent) and Midland basins.
