Velda
Addison
Hart Energy
Shale Plays
Southwestern Energy to Buy Haynesville Producer Indigo Natural Resources in $2.7 Billion Deal
U.S. gas producer Southwestern Energy Co. has entered a definitive merger agreement with Haynesville producer Indigo Natural Resources LLC to acquire Indigo for about $2.7 billion, the company said on June 2.
Laterals, Exports, Price Among Keys to Haynesville Shale Success
Goodrich Petroleum COO shares insight on its operations in the gassy Haynesville Shale as forecasts show natural gas prices and LNG exports rising.
Exxon Mobil, Chevron Take Cautious Approach to US Shale Recovery
The share of drilling activity by Exxon Mobil and Chevron in the Permian Basin oil field in Texas and New Mexico dropped to less than 5% this month from 28% last spring, according to data.
E&P Plus Regional Report: Midland Basin—Many Opportunities Remain
The Midland Basin, located within the eastern region of the Permian Basin, has seen a steady amount of new E&P activity since 2011.
The Latest
Lease Sales
Marketed: Oil-weighted Operated Portfolio Across Texas, New Mexico, Wyoming
A private seller retained Detring Energy Advisors to market for sale certain of its oil and gas leasehold related assets across Texas, New Mexico and Wyoming.
June 23, 2021
Acquisitions & Divestitures, Trends, Mergers
Energy A&D Transactions from the Week of June 23, 2021
Here’s a snapshot of recent energy deals including $102.2 million worth of acquisitions in the Permian Basin by Northern Oil and Gas.
June 23, 2021
Lease Sales
On the Market Oil and Gas Quicklist (Week of June 23, 2021)
Here’s a quicklist of oil and gas assets on the market including ConocoPhillips’ Chittim Ranch waterflood asset in Maverick County, Texas, plus two separate Permian Basin asset packages from SM Energy.
June 23, 2021
Exploration & Production, Shale Plays, Completions
‘Simul-frac’ Technique Helps Shale Operator to Set Record
Here’s how simultaneous fracturing, or “simul-frac,” completion designs enabled a shale operator in the Permian Basin to improve pad efficiency in addition to setting a record for lateral feet per day and stages completed.
June 23, 2021
Infrastructure, Pipelines
Federal Court Closes DAPL Case, Allows for Fresh Challenges
Court says opponents of the oil pipeline failed to prove irreversible harm if the line continued to operate.
June 23, 2021
Lease Sales
Marketed: Eddy County ORRI, New Mexico, Permian Basin
LandGate is marketing for sale an overriding royalty interest in New Mexico’s Eddy County producing from horizontal Wolfcamp and Bone Springs wells for an undisclosed seller.
June 23, 2021
Liquefied Natural Gas (LNG), Shale Plays, Construction, Pipelines
Tellurian Proposes New Louisiana Pipeline to Bypass ‘Constrained’ Pathway
As part of the design, Tellurian is also proposing to deploy technology, which it said will reduce the pipeline’s CO₂ emissions by more than 99%.
June 22, 2021
Lease Sales
Marketed: ConocoPhillips Chittim Ranch Waterflood, Maverick County, Texas
ConocoPhillips Co. retained Detring Energy Advisors for the sale of its Chittim Ranch waterflood properties, which include a 30,000 net-acre position in Maverick County, Texas that is 100% HBP.
June 22, 2021
Shale Plays, Pressure Pumping
BJ Energy Solutions Enters Long-Term Deals to Deploy TITAN Frac Fleets across Haynesville
These fleets will deploy in early 2022 and carry an optional two-year extension following the initial term.
June 22, 2021
Public Capital, Emissions, Energy Transition, Shale Plays
Devon Energy Sets Target to Eliminate Routine Flaring
Devon Energy said reducing flared volumes, in particular, will play a key component in the company’s broader emissions reduction strategy to achieve net-zero greenhouse gas emissions by 2050
June 21, 2021