United States
Lease Sales
Marketed: Nonop South Texas Well Package, Duval County
Alamo Energy Partners retained EnergyNet for the sale of nonoperated working interest in South Texas wells located in Duval County, Texas.
Public Capital , Company Profiles , Exploration & Production
Capital Strategies: Stretching The Energy Dollar
E&Ps are exploring all avenues to access capital on terms that make sense for their situations.
Lease Sales
Marketed: Permian Basin San Andres Prospect In Yoakum County, Texas
DSD Energy Partners retained Energy Advisors Group to market a non-producing acreage in the San Andres play in Yoakum County, Texas.
Public Capital , Shale Plays
Report: US, Canadian Oil Bankruptcies Surge 50% In 2019
The increase in oil and gas bankruptcies seems likely to continue, said Buddy Clark, partner at Haynes and Boone.
Lease Sales
Marketed: Eagle Ford Acreage In Karnes And Webb Counties, Texas
DSD Energy Partners engaged Energy Advisors Group Inc. to market prospective acreage located in Karnes and Webb counties, Texas, in the Eagle Ford Shale.
Public Capital , Exploration & Production , Shale Plays
Encana Finalizes Move To US As Ovintiv
Shares of Encana will be suspended from trading on the New York and Toronto stock exchanges on Jan. 27 at which time the company will begin trading as Ovintiv under the “OVV” symbol.
Rig Counts
US Oil Rig Count Inches Up
Companies added three oil rigs in the week to Jan. 24, bringing the total count to 676, energy services firm Baker Hughes Co. said in its weekly report.
Exploration & Production
USGS: Alaska’s Central North Slope Could Hold ‘Billions More’ Barrels Of Oil
Most of the undiscovered technically recoverable oil resources are believed to be in the Brookian Sequence, the USGS report shows.
Highlights , Shale Plays
Best Of This Week’s Drilling Activity Highlights (Jan. 24, 2020)
A Marcellus Shale discovery by EQT, Marathon’s Upper Three Forks completion and two horizontal Woodford producers top this week’s drilling activity highlights from around the world.
Infrastructure , Pipelines
McNamee To Leave His FERC Post
Republican commissioner says he will not seek reappointment after his term ends on June 30.