{"id":132456,"date":"2024-02-26T15:56:28","date_gmt":"2024-02-26T20:26:28","guid":{"rendered":"https:\/\/inspenet.com\/noticias\/470-wells-in-anadark-for-benchmark-energy\/"},"modified":"2024-02-26T15:58:20","modified_gmt":"2024-02-26T20:28:20","slug":"470-wells-in-anadark-for-benchmark-energy","status":"publish","type":"noticias","link":"https:\/\/inspenet.com\/en\/news\/470-wells-in-anadark-for-benchmark-energy\/","title":{"rendered":"More than 470 Anadarko wells available to Benchmark Energy"},"content":{"rendered":"\n

Benchmark Energy II, LLC<\/strong>, a majority-owned subsidiary of Acacia Research Corporation<\/strong>, is in the process of acquiring certain exploration and production assets, including significant Anadarko wells, along with related facilities in Texas and Oklahoma.<\/p>\n\n

In a press release, Acacia<\/strong><\/a> announced that this acquisition is intended to expand Benchmark’s portfolio, adding about 140,000 net acres<\/strong> in the productive western Anadarko Basin, encompassing the Texas Panhandle and western Oklahoma.<\/p>\n\n

Important wells at Anadarko for the company<\/h2>\n\n

This transaction encompasses a major interest of approximately 470 operated wells<\/strong> .<\/strong> Between them, they produce about 6,000 barrels of oil equivalent per day in the heart of the western Anadarko basin, along with a non-operated interest in the undeveloped Cherokee field.<\/p>\n\n

According to the statement issued, these mature, low-producing wells<\/strong> will add significant diversification to Benchmark’s production. Benchmark<\/strong><\/a>s production, creating a balanced pro-forma portfolio comprised of approximately 60% liquids and 40% natural gas.<\/p>\n\n

In addition, the proximity of these assets to Benchmark’s existing Texas operations provides expanded potential<\/strong> to develop operational synergies of scale throughout the Anadarko basin, enhancing the economic ecosystem for the oil subsidiary.<\/p>\n\n

Benchmark Energy Financing<\/h2>\n\n

The financing of this transaction will be accomplished using cash from Benchmark’s current owners, Acacia and McArron Partners, as well as committed debt financing from a consortium of local and regional banks, it was announced.<\/p>\n\n

The corresponding portion of the consideration for Acacia is estimated at approximately US$57.5 million. The closing of the transaction, scheduled for the second quarter of 2024, is expected to be subject to customary closing conditions and termination rights.<\/p>\n\n

Kirk Goehring, CEO of Benchmark, said this acquisition represents a transformative moment in the company’s history<\/strong> and a significant event in its partnership with Acacia and McArron.<\/p>\n\n

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Source: Benchmark Energy<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Joshua Falcon, February 26, 2024.
\nBenchmark Energy II, LLC, a majority-owned subsidiary of Acacia Research Corporation, is in the process of acquiring certain exploration and production assets, including significant Anadarko wells, along with related facilities in Texas and Oklahoma.<\/p>\n","protected":false},"author":8404,"featured_media":132373,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","meta":{"_acf_changed":false,"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"footnotes":""},"categoria_noticias":[13026,13036],"etiqueta_noticias":[],"class_list":["post-132456","noticias","type-noticias","status-publish","has-post-thumbnail","hentry","categoria_noticias-energy","categoria_noticias-oil-and-gas"],"acf":[],"_links":{"self":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias\/132456","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias"}],"about":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/types\/noticias"}],"author":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/users\/8404"}],"replies":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/comments?post=132456"}],"version-history":[{"count":0,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias\/132456\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/media\/132373"}],"wp:attachment":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/media?parent=132456"}],"wp:term":[{"taxonomy":"categoria_noticias","embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/categoria_noticias?post=132456"},{"taxonomy":"etiqueta_noticias","embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/etiqueta_noticias?post=132456"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}