United States

Rig Counts , Unconventional

Chart: Eastern Rig Count as of August 7, 2020

Alabama. Florida, Illinois, Indiana, Kentucky, Michigan, New York, Ohio, Pennsylvania, Virginia and West Virginia

August 7, 2020

Rig Counts , Unconventional

Chart: Gulf Coast Rig Count as of August 7, 2020

Arkansas, Louisiana, Mississippi and Texas RRC Dist. 1, 2, 3, 4., 5, 6, inland, offshore

August 7, 2020

Rig Counts , Unconventional

Chart: Midcontinent, Permian Basin Rig Count as of August 7, 2020

Kansas, Oklahoma, Texas Dist. 7B, 7C, 8, 8A, 9, 10

August 7, 2020

Rig Counts , Unconventional

Chart: Western Rig Count as of August 7, 2020

California, Colorado, Idaho, Montana, Nebraska, Nevada, New Mexico, North Dakota, Utah and Wyoming

August 7, 2020

Public Capital , Earnings , Exploration & Production , Shale Plays

EOG Resources Swings to Quarterly Loss on Oil Price Plunge

EOG Resources said it started to restore curtailed production in June as oil prices recovered from their April lows, and it expects nearly all shut-in wells to begin production before the third quarter ends.

August 6, 2020

Public Capital

Exxon Mobil Halts Contributions to Employee Retirement Plan

Exxon Mobil Corp. is suspending the company's contribution to the U.S. employee retirement savings plan beginning in October, the company confirmed on Aug. 5.

August 6, 2020

Lease Sales

Marketed: Tumbler Energy Partners Delaware Basin Royalty Properties

Tumbler Energy Partners retained TenOaks Energy Advisors as its exclusive adviser in connection with the sale of its Delaware Basin royalty properties.

August 6, 2020

Private Equity , Exploration & Production , Shale Plays , Acquisitions & Divestitures

Presidio Petroleum Acquires Anadarko Position from Bankrupt Templar Energy

The acquisition of Templar Energy’s assets through a bankruptcy auction represents an expansion from the western Anadarko Basin, where Presidio Petroleum already has an established position, into Oklahoma’s STACK play.

August 6, 2020

Crude Oil

US Sends First Shipment of Crude to Saudi Arabia Since 2002

Cargo was less than can be carried by one Aframax tanker.

August 6, 2020

Technology , Joint Ventures , Pipelines

WhiteWater Midstream to Provide Permian Basin NGL Transportation Solutions

WhiteWater Midstream, MPLX LP and West Texas Gas Inc. (WTG) have formed a joint venture (JV) on Aug. 6 to provide NGLs takeaway capacity from MPLX and WTG gas processing plants in the Permian Basin to the NGL fractionation hub in Sweeny, Texas.

August 6, 2020