If These Numbers Can Be Believed .... Pricing The Permian -- September 16, 2016

If the Bakken was not landlocked (the keystone trifecta: Keystone XL, Sandpiper, and Dakota Access Pipeline) we might see some of these same stories.

From Yahoo!Finance, which probably re-printed the story or parts of the story from Bloomberg and/or Investor's Business Daily. Some data points:

• Silver Hill Energy Partners: started in 2011; has raised $725 million; controls 42,000 net acres on the western shelf of the Permian (Delaware Basin); OXY, MRO, and Noble energy all supposedly interested; could go for $2 billion; $50,000 / net acre
• Noble Energy expanded into the Delaware last year; $3.9 billion takeover of Rosetta Resources; 46,000 net acres; $85,000 / net acre
• OXY: one of the largest landholders in the Permian with 5.4 million gross acres

It has previously been reported that acreage in the Permian is still going for $40,000 / mineral acre.