A deal would mark Vitol’s second US shale oil exit in two years following the sale of Vencer Energy to Civitas Resources for $2.1 billion in 2024. Known as the world’s biggest independent oil trading house, Vitol started VTX in 2022 with the management of ATX Energy Partners and the intention to build up a portfolio of producing assets. VTX produces nearly 46,000 barrels of oil equivalent a day in the Texas portion of the Delaware Basin.






