The Latest

Exploration & Production

BLM Lease Sale in Arctic Refuge to Take Place Before Biden Takes Office

The sale notice for oil leases in the Arctic National Wildlife Refuge will be published on Dec. 7, setting up a sale to be held on Jan. 6 via video livestream, the BLM said in a statement.

December 3, 2020

Public Capital

Contango Oil & Gas Snags Oily, Low-decline Assets in $58 Million Deal

Contango Oil & Gas agreed to pay $58 million in cash for the acquisition of PDP heavy reserves located in in the Big Horn, Permian and Powder River basins made via a bank-owned liquidation of assets.

December 3, 2020

Public Capital

Oil Major Chevron Makes Billions in Spending Cuts Despite Restructuring

Chevron's 2021 Permian Basin spending of $2 billion is half of what it planned at the start of 2020 and lower than 2019 levels of $3.6 billion, says Biraj Borkhataria from RBC Capital Markets.

December 3, 2020

Highlights

E&P Regional Report: Caribbean Sea Oil and Gas Development Update

Recent oil and gas finds in the Caribbean Sea—Guyana, Suriname, and Trinidad and Tobago—are encouraging producers to expand the exploration and development area in the region.

December 3, 2020

Public Capital

Pioneer’s Sheffield: Few Independents Will Survive Oil Downturn

The consolidation trend among oil and gas producers will continue, Pioneer CEO Scott Sheffield says, before vaccines pave the way for recovery.

December 3, 2020

People

Forty Under 40: Mike Kifer, EnerVest Ltd.

Today’s featured Forty Under 40 honoree is Mike Kifer, vice president of acquisitions and reserves for Houston-based EnerVest Ltd.

December 3, 2020

Unconventional

Top 12 IP Wells in Utica Shale

December 2020: Utica Shale Well in Jefferson County Flows 38.403 MMcf/d.

December 3, 2020

Public Capital

Shale Producer Pioneer Natural Resources Sets Targets to Reduce Emissions

Pioneer Natural Resources Co. set targets to reduce its greenhouse gas and methane emissions on Dec. 2, becoming the latest oil and gas company to set long-term climate goals.

December 2, 2020

Deepwater

Top 12 Recent Gulf of Mexico Discoveries

December 2020: West Cameron Block 73 Discovery Flows 270 boc, 15.141 MMcf of Gas per Day

December 2, 2020

Company Profiles

Virtual DUG East: CNX Resources’ Nick Deluliis Talks M&A and ‘Reckonings’

While not addressing rumors of possible mergers involving CNX Resources, the industry veteran offered ‘hard truths’ on successful combinations in the Appalachian Basin during Hart Energy’s DUG East and Marcellus-Utica Midstream Virtual Conference.

December 2, 2020