The Latest

Lease Sales

Marketed: Whiting Petroleum Redtail Assets, Weld County, Colorado

Whiting Petroleum retained Meagher Energy Advisors for the sale of its Retail upstream and midstream assets in Colorado’s Weld County including shallow decline, horizontal Niobrara producing properties.

May 10, 2021

Rig Counts, Unconventional, Shale Plays

Hart Energy Unconventional Activity Tracker (Week of May 10, 2021)

The most active operator continues to be Permian Basin-focused Pioneer Natural Resources at 30 rigs, which includes nine more rigs after closing its acquisition of privately held DoublePoint Energy.

May 10, 2021

Public Capital, Shale Plays, Acquisitions & Divestitures, Mergers

Bonanza Creek, Extraction Merger to Create Largest Pure-play D-J Basin Producer

The combined company, to be named Civitas Resources, will be the largest pure-play energy producer in Colorado’s Denver-Julesburg  Basin, with an aggregate enterprise value of approximately $2.6 billion.

May 10, 2021

Energy Transition, Shale Plays, Technology

Ørsted Completes Permian Energy Center

The company's first utility-scale solar plus battery storage project of 460MWAC reaches commercial operation, making Ørsted the first developer to operate the full spectrum of new renewable technologies at utility scale in the U.S.

May 10, 2021

Public Capital, Shale Plays

US Shale Producer Penn Virginia Defers $350 Million Debt Offering

Penn Virginia received indications from potential bond investors that the proposed $350 million debt offering “didn’t materially differentiate from our financing in place currently,” says the company’s CEO, Darrin Henke.

May 10, 2021

Public Capital, Shale Plays, Acquisitions & Divestitures

Permian Producer Laredo Petroleum Strikes $715 Million Deal for Sabalo, Partner

In addition to the Sabalo deal, Laredo Petroleum also agreed to a partial sale of operated PDP reserves in gas-weighted legacy assets in Reagan and Glasscock counties, Texas, for $405 million.

May 9, 2021

System Integrity

Colonial Pipeline Latest: US Government to Help Operator after Cyberattack

The attack is one of the most disruptive digital ransom operations reported and has prompted calls from American lawmakers to tighten protections for critical U.S. energy infrastructure against hackers.

May 9, 2021

Highlights, Shale Plays

Best of This Week’s Drilling Activity Highlights (May 7, 2021)

Marcellus and Utica shale discoveries, Diamondback completes a Wolfcamp producer in the Permian Basin plus an offshore prospect in the Gulf of Mexico’s Green Canyon Block top this week’s oil and gas drilling activity highlights from around the world.

May 7, 2021

Lease Sales

Marketed: Midcontinent Nonop, ORRI Package Covering over 2,000 Wells

Black Falcon Energy LLC, as managing company, retained EnergyNet for the sale of a Midcontinent opportunity in Arkansas, Kansas, Oklahoma and Texas through a sealed-bid offering closing June 3.

May 7, 2021

Shale Plays, Completions, Pressure Pumping

Comstock Resources to Deploy BJ Energy's TITAN Frac Tech across Haynesville Assets

A TITAN fleet will be deployed to Comstock's Haynesville operation in early 2022, representing the company's second TITAN fleet in the basin.

May 7, 2021