# NONOP SERIES: The Strategic Rationale Behind NOG Acquiring Minerals and Midstream Infra w/ Nick O'Grady (CEO) and Adam Dirlam (President) Page: https://stenobird.com/podcast/the-minerals-and-royalties-podcast-1221181/nonop-series-the-strategic-rationale-behind-nog-acquiring-minerals-and-midstream-infra-w-nick-o-grady-ceo-and-adam-dirlam-president Text version: https://stenobird.com/podcast/the-minerals-and-royalties-podcast-1221181/nonop-series-the-strategic-rationale-behind-nog-acquiring-minerals-and-midstream-infra-w-nick-o-grady-ceo-and-adam-dirlam-president.md Podcast: [The Minerals and Royalties Podcast](https://stenobird.com/podcast/the-minerals-and-royalties-podcast-1221181) Published: 2026-03-28T21:51:02+00:00 Episode link: https://podcasters.spotify.com/pod/show/mineralsauthority/episodes/NONOP-SERIES-The-Strategic-Rationale-Behind-NOG-Acquiring-Minerals-and-Midstream-Infra-w-Nick-OGrady-CEO-and-Adam-Dirlam-President-e3h3rqu Audio file: https://anchor.fm/s/14a201c0/podcast/play/117615902/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2026-2-28%2F8769ce85-9cac-acb4-f1c7-d172231149c8.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/the-minerals-and-royalties-podcast-1221181/episodes/nonop-series-the-strategic-rationale-behind-nog-acquiring-minerals-and-midstream-infra-w-nick-o-grady-ceo-and-adam-dirlam-president Duration seconds: 2963 ## Resource Nick O'Grady (CEO) and Adam Dirlam (President) from NOG return to the podcast in January 2026 to recap their M&A activity from the past 12-18 months and opine on acquisition opportunities across the Lower 48. **Disclaimer: This podcast is meant for informational purposes only and does not constitute investment advice. A big thanks to our 4 Minerals & Royalties Podcast Sponsors: --Tokenized Energy: If you are interested in allocating capital to oil & gas minerals, royalties, and nonop assets in order to earn digital mailbox money, then visit www.tokenizedenergy.com or download the Tokenized Energy app for your Apple or Android phone. --Tracts: If you are interested in learning more about Tracts title related services and software, then please call 281-892-2096 or visit https://tracts.co/ to learn more. --Riverbend Energy Group: If you are interested in discussing the sale of your Minerals and/or NonOp interests w/ Riverbend, then please visit www.riverbendenergygroup.com for more information --Farmers National Company: For more information onFarmer’s land management services, please visit www.fncenergy.com or email energy@farmersnational.com ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/the-minerals-and-royalties-podcast-1221181/episodes/nonop-series-the-strategic-rationale-behind-nog-acquiring-minerals-and-midstream-infra-w-nick-o-grady-ceo-and-adam-dirlam-president/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/the-minerals-and-royalties-podcast-1221181/nonop-series-the-strategic-rationale-behind-nog-acquiring-minerals-and-midstream-infra-w-nick-o-grady-ceo-and-adam-dirlam-president.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.