Rove: Election will be a Consequential One for Oil and Gas

Even if energy is not a hot topic on a national level, it will influence votes in some states, the political strategist says.

August 12, 2020
campaign Rove

Turning to DUCs for Short-term Oil Productivity Gains

The inventory of DUCs continued to build this year as the COVID-19 pandemic slowed demand, but companies are now looking to complete wells given improved market conditions.

August 12, 2020
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Marketed: Wagner Oil Asset Divestiture Across Four Packages

Wagner Oil retained TenOaks Energy Advisors for the sale of four packages comprising South Texas, South Louisiana, Permian Basin and Delaware Basin royalty interests.

August 12, 2020

Energy A&D Transactions from the Week of Aug. 12, 2020

Here’s a snapshot of recent energy deals including the purchase of bankrupt Templar Energy by Presidio Petroleum, expanding Presidio’s Midcontinent position into Oklahoma’s STACK Play.

August 12, 2020

On the Market Oil and Gas Quicklist (Week of Aug. 12, 2020)

Here’s a quicklist of oil and gas assets on the market including a Delaware Basin royalty package from Tumbler Energy Partners plus the associated mineral interests in the historic Hanging H Ranch located in Reeves and Loving counties, Texas.

August 12, 2020

A&D Trends: Oil and Gas Dealdrums

The remainder of the year’s deals will likely involve gas assets (while prices are good) and could come to include the low cost supply areas in the Texas and Louisiana Haynesville. Barring a miraculous rally, oil looks likely to remain the New Coke of commodities.

August 12, 2020
A&D Trends: Oil and Gas Dealdrums

API Updates Key LPG Safety Standard

API has published the ninth edition of API Standard 2510, covering the design, construction, and location of LPG storage installations and handling facilities, the company said on Aug. 12.

August 12, 2020

OPEC Trims 2020 Oil Demand, Sees Doubts About 2021 on Virus Fallout

World oil demand will fall by 9.06 million barrels per day (MMbbl/d) this year, OPEC said in a monthly report, more than the 8.95 MMbbl/d decline expected a month ago.

August 12, 2020

Oil Rises After Bigger-Than-Expected Drop in Inventories

Hopes rise that fuel demand can weather the pandemic.

August 12, 2020
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Southwestern Energy Builds Position with Montage Resources Deal

The transaction, expected to close in the fourth quarter, would make Southwestern the third largest producer in Appalachia.

August 12, 2020
Southwestern Energy operates assets in Northeast Appalachia and Southwest Appalachia. (Source: Southwestern Energy)

Brookfield in Talks to Buy Cheniere’s Stake from Blackstone

The infrastructure arm of Brookfield Asset Management Inc. is in talks to buy Blackstone Group Inc.’s minority stake in Cheniere Energy Partners, Bloomberg News reported on Aug. 11, citing people familiar with the matter.

August 12, 2020

TGS Gears Up For 3D Seismic Survey in Powder River Basin

TGS, a leading provider of multiclient geoscience data for E&P companies, on Aug. 12 announced a new multiclient U.S. onshore 3D seismic survey within the Powder River Basin called Voyager 3D.

August 12, 2020