The Texas Commission on Environmental Quality (TCEQ) has officially processed permit transfers from Apache Corporation to Hilcorp Energy Company, providing further confirmation of APA Corporation’s (Nasdaq: APA) previously announced sale of non-core Permian Basin assets for $950 million.
In a significant development in the Texas oil and gas sector, Hilcorp Energy Company has successfully acquired multiple facilities from Urban Oil & Gas Group, LLC. This transfer, regulated by the Texas Commission on Environmental Quality (TCEQ), underscores Hilcorp’s ongoing commitment to expanding its operations across the Lone Star State.
Mack Energy Corporation was founded by Mack.C..Chase, President, in 1990. It was formed as an independent energy company engaged in the exploration, development, and production of oil and gas in southeastern New Mexico.
Hilcorp largest privately owned oil and natural gas producer in the United States. Hilcorp Energy Company ranks #105 in wells drilled in 2022 with 18 wells drilled in the Mid Continent of the US.
