Apache Corp. (NYSE: APA) is selling a non-producing leasehold position in the Texas Panhandle through a sealed-bid offering handled by EnergyNet.
The offer is comprised of roughly 19,936 net acres with possible targets in the Douglas, Granite Wash, Cleveland and Marmaton formations. The assets include 75% to 81.25% net revenue interest and are located in Hemphill, Lipscomb, Ochiltree and Roberts counties, Texas.
Offset activity consists of 151 active area permits, 121 of which are for horizontal wells, according to EnergyNet.
Select area operators include BP America Production Co., Cimarex Energy Co. (NYSE: XEC), ConocoPhillips Co. (NYSE: COP), EnerVest Operating LLC, EOG Resources Inc. (NYSE: EOG), Kaiser-Francis Oil Co., Mewbourne Oil Co. and Unit Petroleum Co.
Offers are due by 4 p.m. CT April 12. For information visit energynet.com or contact EnergyNet’s Cody Felton at 281-221-3042.
Putin Ally Says US, UK Sowing Deception Over Nord Stream
2023-03-13 - Last week the New York Times reported that intelligence reviewed by U.S. officials suggested that a pro-Ukraine group — likely comprised of Ukrainians or Russians — attacked the pipelines in September.
EU Must Extend Gas Demand Curbs to Prepare for Next Winter
2023-02-02 - Policymakers should underpin future demand reduction targets by encouraging a structural shift away from gas, says Bruegel.
Inpex CEO Plans to Accelerate Expansion of LNG Production, Sales
2023-01-12 - Inpex Corp, Japan's biggest oil and natural gas explorer, aims to accelerate its expansion of production and sales of LNG on the premise that LNG market will remain tight in the mid-term, its CEO said on Jan. 12.
Albania Seizes 22,500 Tonnes of Suspected Russia Oil
2023-02-22 - Albania was one of the first countries to introduce sanctions on Russia a year ago when Moscow launched attacks on Ukraine.
Russia Boosts LNG Exports to Europe by 20% in 2022
2023-01-31 - According to Refinitiv data, Russian gas exports to Europe dropped to a new post-Soviet low in 2022, but its total LNG exports rose to approximately 33 million tonnes, with more than half of it going to Europe.