Arctic
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of Dec. 23, 2020
Here’s a snapshot of recent energy deals including a duo of acquisitions by Diamondback Energy valued at over $3 billion plus the closing of Hilcorp’s $5.6 billion BP Alaska acquisition and a Permian Basin deal by Earthstone Energy.
Lease Sales
On the Market Oil and Gas Quicklist (Week of Dec. 23, 2020)
Here’s a quicklist of oil and gas assets on the market including the sale of horizontal Marcellus wellbore-only interests in Pennsylvania’s Butler and Armstrong counties in two sub-packages by Winfield Resources.
Exploration & Production , Legislation , Health, Safety & Environment
Greenpeace Loses Norway Supreme Court Case over Arctic Oil
Norway’s Supreme Court approved the government’s plans for Arctic oil exploration on Dec. 22, dismissing a lawsuit by campaigners who claimed the scheme violated people’s right to a healthy environment.
Business , Exploration & Production , Acquisitions & Divestitures , Midstream
Hilcorp Completes Multibillion-dollar BP Alaska Acquisition
Last year, BP agreed to sell all its Alaskan properties, including interests in the most prolific oil field in U.S. history at Prudhoe Bay, and the Trans Alaska Pipeline, to Hilcorp Energy.
Lease Sales
On the Market Oil and Gas Quicklist (Week of Dec. 16, 2020)
Here’s a quicklist of oil and gas assets on the market including a Vantage Petro Partners operated South Texas asset package plus an Ankor Gulf of Mexico offshore opportunity being marketed by Detring Energy Advisors and Oil & Gas Asset Clearinghouse.
Exploration & Production , Policy & Regulations , Seismic
Arctic Drilling Foes Seek to Block Seismic Surveys, Lease Sales in Alaska Refuge
Four lawsuits have been filed since August challenging the Trump administration’s plans to auction drilling rights, or lease sales, in the area.
Lease Sales
On the Market Oil and Gas Quicklist (Week of Dec. 9, 2020)
Here’s a quicklist of oil and gas assets on the market including an Ankor Gulf of Mexico offshore opportunity plus RDV Resources SCOOP producing royalty interests and Barnett Shale legacy assets from The Miles Foundation.
Exploration & Production , Policy & Regulations , Lease Sales
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.
Lease Sales
On the Market Oil and Gas Quicklist (Week of Dec. 2, 2020)
Here’s a quicklist of oil and gas assets on the market including multiple Ascent Resources packages in the core of the Utica Shale in Ohio plus royalty acreage operated by Endeavor Energy Resources in the Permian Basin.
Highlights , Shale Plays
E&P Plus: November 2020 US Drilling Activity Highlights
Check out the latest oil and gas drilling activity highlights across the U.S. featured in the November issue of E&P Plus including a Purple Sage Field-Wolfcamp well in New Mexico, a Haynesville Shale producer in Louisiana’s Sabine Parish and an Ascent Resources Utica Shale discovery.