Arctic

Lease Sales

On the Market Oil and Gas Quicklist (Week of Jan. 6, 2021)

Here’s a quicklist of oil and gas assets on the market including the sale of a mineral listing totaling 6,299.73 net mineral acres in Wyoming’s Campbell County.

January 6, 2021

Exploration & Production , Policy & Regulations

Judge Denies Effort to Stop Arctic Refuge Drilling Auction

Environmental groups had sought a preliminary injunction against drilling in the Arctic National Wildlife Refuge.

January 6, 2021

Exploration & Production , Lease Sales

Last-minute White House Decision Opens More Arctic Land to Oil Leasing

The plan allows oil development on about 80% of the National Petroleum Reserve in Alaska.

January 5, 2021

Highlights , Shale Plays

Year in Review: Best of Drilling Activity Highlights for 2020

Multiple discoveries by Occidental in New Mexico’s Eddy County, EOG Eagle Ford, Permian Basin and Niobrara completions plus Exxon Mobil boosts the resource potential for its development offshore Guyana top drilling activity highlights from around the world in 2020.

December 29, 2020

Exploration & Production , Acquisitions & Divestitures

Rosneft Buys Huge Oil Field in Russian Arctic

In a regulatory disclosure, Rosneft said it had bought Taymyrneftegaz, the company controlled by Rosneft's ex-chief Eduard Khudainatov which owns the huge Payakha oil field, for an undisclosed sum.

December 28, 2020

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.

December 23, 2020

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.

December 23, 2020

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.

December 22, 2020

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.

December 18, 2020

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.

December 16, 2020