Appalachia
Rig Counts , Unconventional
Chart: Eastern Rig Count As Of May 29, 2020
Alabama. Florida, Illinois, Indiana, Kentucky, Michigan, New York, Ohio, Pennsylvania, Virginia and West Virginia
Lease Sales
Marketed: EnerVest Nonop Nora Field Natural Gas Opportunity
EnerVest Energy Institutional Fund XIV-1A LP has retained Detring Energy Advisors to market for sale a 15% nonoperated position in its Nora Field assets located in Virginia and West Virginia.
Acquisitions & Divestitures , Trends
Energy A&D Transactions from the Week of May 27, 2020
Here’s a snapshot of recent energy deals including the closing of EQT’s $125 million asset sale in Appalachia to Diversified Gas & Oil.
Public Capital , Exploration & Production , Shale Plays , Acquisitions & Divestitures
EQT Closes $125 Million Asset Sale to Diversified Gas & Oil
Additionally, EQT decided to temporarily curtail approximately 1.4 Bcfe/d of gross production, equivalent to roughly 1 Bcfe/d of net production.
Rig Counts , Unconventional , Shale Plays
Hart Energy Unconventional Activity Tracker (Week of May 25, 2020)
As of May 20, the total U.S. rig count is down 28 from last week with the Permian Basin leading the declines with a drop of 17 rigs.
Acquisitions & Divestitures , Trends
Energy A&D Transactions from the Week of May 20, 2020
Here’s a snapshot of recent energy deals including a second bolt-on deal disclosed by Diversified Gas & Oil for Appalachia assets from EQT.
Exploration & Production , Shale Plays , Technology , Enhanced Oil Recovery
Shale Solutions: Biosurfactants—the Future of Cost-effective Flow Assurance
Customized green treatments are outperforming conventional treatments in sustainability and more effective oil recovery.
Unconventional , Shale Plays
Oil Output from Major US Shale Plays to Hit Nearly Two-year Low
In June, oil output from shale is expected to drop in each of seven major shale regions, with the largest drop of about 87,000 bbl/d in the Permian Basin, the EIA says.
Rig Counts , Unconventional , Shale Plays
Hart Energy Unconventional Activity Tracker (Week of May 18, 2020)
For a second week in a row, the number of rigs operating in the U.S. fell to another all-time low, though, according to Enervus, this is the first single-digit decline in the U.S. rig count over the past 12 weeks.
Construction , Pipelines
Analysts Doubt EQM’s Schedule for Mountain Valley Pipeline
A federal judge’s decision makes it unlikely that the natural gas line will be completed in 2020.