FireBird Energy LLC (FireBird) has completed the acquisition of operated assets located in the Midland Basin from Chevron U.S.A. Inc. and Chevron Midcontinent L.P.
The acquisition includes approximately 21,000 net acres (99% operated) in Ector, Midland, Crane, and Upton counties and related assets.
FireBird Energy LLC is a Fort Worth, Texas based upstream oil and gas company focused on the acquisition and development of assets in the Midland Basin. The company currently operates over 450 vertical and horizontal wells over 72,000 acres in the Midland Basin.
“This transaction will be our second major acquisition as we continue to advance our consolidation strategy and enhance our Western Midland Basin footprint with additional scale,” said Travis F. Thompson, CEO of FireBird. “The acquisition of these high-margin, oil-weighted assets is a complementary addition to our acreage footprint, production, and cash flow base.”
