The Latest

Public Capital, Earnings, Pipelines

Duke Takes $1.6 Billion Charge to Exit Atlantic Coast Pipeline

Duke Energy said it took a $1.6 billion after-tax charge for the cancellation of the Atlantic Coast natural gas pipeline. Project partner Dominion already took a $2.8 billion charge related to the cancellation.

August 10, 2020

Lease Sales

Marketed: Private Seller Delaware Basin Minerals Opportunity

A private seller retained Detring Energy Advisors to market for sale the associated mineral interests of the historic Hanging H Ranch asset located in the Delaware Basin in Reeves and Loving counties, Texas.

August 10, 2020

Rig Counts, Unconventional, Shale Plays

Hart Energy Unconventional Activity Tracker (Week of Aug. 10, 2020)

U.S. energy firms cut the number of oil and gas rigs over the past week to a record low for a 14th week even as higher oil prices prompt some producers to start drilling again.

August 10, 2020

Public Capital, Shale Plays, Acquisitions & Divestitures, Mergers

Montney Shale Consolidation Continues with Canadian Natural Resources Deal

Canadian Natural Resources’ agreement to acquire Montney producer Painted Pony follows the acquisition of Kelt Exploration’s position in the shale gas play by ConocoPhillips late last month.

August 10, 2020

Methane, Health, Safety & Environment, Emissions, Logistics

New Methane ‘Heat Map’ to Help Oil Companies Reduce Emissions

A new digital tool set for release later this year will provide the oil and gas industry with actionable satellite imagery for detection of high methane emissions events.

August 10, 2020

Public Capital, Exploration & Production, Shale Plays, Acquisitions & Divestitures, Midstream

Riviera Resources Plans to Sell Remaining Upstream Assets

Riviera Resources engaged EnergyNet to market its remaining upstream assets, CEO David Rottino says, with plans for the transactions to close by fourth-quarter 2020.

August 7, 2020

Investment, Emissions, Technology

Problems Plagued US Carbon Capture Project Before Shutdown

The plant was designed to capture 33% of the carbon emissions from one of four units at the W.A. Parish coal plant, and pipe it 81 miles to the West Ranch oil field in Jackson County, Texas, where it would push more oil to the surface.

August 7, 2020

Lease Sales

Marketed: 605 Property Package Across Arkansas, Colorado, Kansas, New Mexico, Oklahoma

EnergyNet has been retained by Map K&W-OK to offer for sale of a 605 property package  located in various counties in Arkansas, Colorado, Kansas, New Mexico and Oklahoma through an auction closing Aug. 20.

August 7, 2020

Highlights, Shale Plays

Best of This Week’s Drilling Activity Highlights (Aug. 7, 2020)

Five Eagle Ford completions by EOG Resources at its McMullen County, Texas, pad plus results from Calyx Energy horizontal Mississippian wells top this week’s drilling activity highlights from around the world.

August 7, 2020

Pipelines

San Mateo Black River Oil Pipeline LLC Announces Binding Open Season

Stebbins Expansion Crude Oil Pipeline Project would expand San Mateo system in Eddy County, N.M.

August 7, 2020