Reservoir

Viper Energy is acquiring Sitio Royalties Corp. and its more than 25,000 net acres of royalty interests across major US shale plays.
Extensive acreage overlap and existing operational collaboration drove the acquisition decision.
In the wake of the falling number of exploratory wells in the country, Brazil-owned Petrobras addressed audience concerns as well as outlined new avenues for production at the Offshore Technology Conference.

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