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Crescent Sheds Non-Core Assets, Turns to Oil & Gas Hotspots



December 5, 2025–Written by Will Ploch, Assistant Editor-in-Chief for Industrial Info Resources (Sugar Land, Texas)–Crescent Energy Company (Houston, Texas), an independent oil and gas exploration and production company, has spent much of 2025 shedding its non-core assets and focusing efforts on its most profitable developments. Earlier this week, the company announced it had closed a sale of its non-operated assets in the Denver-Julesburg (DJ) Basin to an unnamed private buyer for $90 million in cash, which followed other divestitures and a major acquisition in the Permian Basin.

Industrial Info is tracking about $1.3 billion worth of active and proposed projects from Crescent, about half of which is attributed to drilling programs set to kick off in early 2026. Earlier this year, Crescent announced divestitures in the conventional Rockies and Barnett Shale.

Other companies featured: Vital Energy Incorporated



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