Langford Energy Partners acquires Midland basin assets from Murchison

Langford Energy Partners, Austin, Tex., a privately held oil and gas operating company, has closed a deal to acquire Midland basin assets from Murchison Oil and Gas LLC, Plano, Tex. 

The deal includes about 8,000 net acres primarily in the Texas counties of Howard, Borden, and Midland, with production estimated at 7,200 boe/d (72% oil), primarily from 63 operated horizontal wells.

The deal, which closed on Dec. 6, 2024, was funded with equity from Langford Energy Partners I LP and senior bank debt from a new credit facility led by Texas Capital Bank.