Tag Archives: newmexico

Colgate continues expansion in Delaware Basin

#oilfield Midland-based Colgate Energy said this week it is continuing expansion in Delaware Basin by agreeing to purchase from an undisclosed seller about 22,000 net acres in Eddy and Lea counties in New Mexico for $190 million.  The majority of the assets directly offset Colgate’s legacy Parkway operating area with current average net daily production […]