Minneapolis-based Northern Oil & Gas last week said it made its first acquisition in Delaware Basin. Northern acquired assets in Lea County from an undisclosed seller, including 66 net acres with 1.1 initial net wells proposed. The proposed wells are expected to be spud in late 2020 or early 2021. Total acquisition costs plus initial development costs are expected to be about $1l.9 million. Northern said Sept. 10 it expects monthly peak production of about 1,400 boed on the initial wells in 2021Q2. The assets are operated by EOG Resources.