-U.S. oil and gas producer Occidental Petroleum said on Monday it would sell certain Delaware Basin assets inTexas and New Mexico to Permian Resources for about $818 million, as it plans to cut down ...

Permian Resources (PR) is set to acquire certain Delaware Basin assets from Occidental (OXY). The acquired assets are expected to be accretive to key metrics over both short and long term.

Gov. Greg Abbott signed all three this month in Midland, saying in a statement that Texas is “bringing the full weight of the law to crack down on oil theft in the Permian Basin to protect the ...