Scout Taps Trades, Farm-Outs, M&A for Uinta Basin Growth

With M&A activity all around its Utah asset, private producer Scout Energy Partners aims to grow larger in the emerging Uinta horizontal play.


Despite increased M&A activity around its Uinta Basin position, Scout Energy Partners aims to get deeper in Utah鈥檚 emerging oil play.

鈥淲e think there鈥檚 potential to grow still,鈥� said Juan Nevarez, Scout鈥檚 executive vice president, during Hart Energy鈥檚 Executive Oil Conference & Expo in Midland, Texas.

Dallas-based Scout is heaviest in the Hugoton Field, which spans across the Texas and Oklahoma panhandles into southwestern Kansas. But the company expanded into the Uinta in mid-2022 by acquiring a property from Ovintiv.

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Scout Taps Trades, Farm-Outs, M&A for Uinta Basin Growth

With M&A activity all around its Utah asset, private producer Scout Energy Partners aims to grow larger in the emerging Uinta horizontal play.


Despite increased M&A activity around its Uinta Basin position, Scout Energy Partners aims to get deeper in Utah’s emerging oil play.

“We think there’s potential to grow still,” said Juan Nevarez, Scout’s executive vice president, during Hart Energy’s Executive Oil Conference & Expo in Midland, Texas.

Dallas-based Scout is heaviest in the Hugoton Field, which spans across the Texas and Oklahoma panhandles into southwestern Kansas. But the company expanded into the Uinta in mid-2022 by acquiring a property from Ovintiv.

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Gain access to limited free articles, energy news and analysis, exclusive interviews, and newsletters.

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Comments

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This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.

Rich Text Editor, Comment field