Here’s a quicklist of oil and gas assets on the market including an EOG Resources Montana Bakken Shale package plus Pioneer Natural Resources Ector County, Texas leasehold within the Permian Basin.
The U.S. rig count rose 3% in the last month with 19 rigs added in the Permian Basin alone, and several operators are planning to drill for more gas.
Chesapeake Energy aims to build upon its shale pioneer legacy by achieving this industry-first as part of the Oklahoma City-based company’s ambitious ESG and climate-related targets.
Ohio Congressman Bill Johnson gives his take on how President Biden’s infrastructure and spending bills will affect the oil and gas industry plus the role natural gas produced in the U.S. has in addressing climate change.
Here’s a quicklist of oil and gas assets on the market including APX Energy nonoperated properties across Illinois and Indiana plus several new packages from Pioneer Natural Resources, Hilcorp Energy and Endeavour Energy Resources.
The largest week-over-week gains to the U.S. rig count occurred in the Gulf Coast and the Anadarko Basin. Meanwhile, the Permian had the largest loss at seven rigs.
Rig count, crude futures fall slightly, shale basin gas production rises
In this week’s best of activity highlights, Shell finds 600 ft of net pay in Alaminos Canyon AC 691, results announced for offshore Timor Leste prospective resource, and two Midland Basin discoveries producing from Wolfcamp A, B, and C.