Appalachia

Trends

Energy A&D Transactions from the Week of May 18, 2022

Here’s a snapshot of recent energy deals including Grey Rock’s $1.3 billion business combination with Paul Ryan-backed SPAC plus a $575 million roll-up of Rattler Midstream by Diamondback Energy.

May 18, 2022

Lease Sales

On the Market Oil and Gas Quicklist (Week of May 18, 2022)

Here’s a quicklist of oil and gas assets on the market including EOG Resources operated Eagle Ford properties plus Kaiser-Francis operated well package in Divide County, North Dakota.

May 18, 2022

Exploration & Production , Technology , Acquisitions & Divestitures

Diversified Energy Acquires Ohio-based Nick’s Well Plugging

With its investment in Ohio-based Nick’s Well Plugging, Diversified Energy says it is well-positioned to meet or exceed its stated commitment to retire at least 200 of its wells per year across Appalachia by 2023.

May 17, 2022

Exploration & Production , Shale Plays

Permian Basin Oil Output Forecast to Hit Record High in June: EIA

Gas output in the Permian Basin and the Haynesville in Texas, Louisiana and Arkansas will rise to record highs of 20 Bcf/d and 15.1 Bcf/d in June, respectively.

May 17, 2022

Lease Sales

On the Market Oil and Gas Quicklist (Week of May 11, 2022)

Here’s a quicklist of oil and gas assets on the market including Gulf of Mexico package consisting of ORRI in 266 wells offshore Louisiana plus BlackBriar Royalty Austin Chalk and Eagle Ford properties.

May 11, 2022

Business , Shale Plays , Acquisitions & Divestitures

Riverbend Energy Group Puts Shale Portfolios for Sale: Sources

Riverbend Energy Group has been working with an investment bank in recent weeks on an auction process for three portfolios of shale assets to seek in total around $2 billion, sources said.

May 9, 2022

Lease Sales

On the Market Oil and Gas Quicklist (Week of May 4, 2022)

Here’s a quicklist of oil and gas assets on the market including a Pin Oak Energy Partners operated Utica opportunity plus Vaquero Big Horn Basin operated properties in Wyoming.

May 4, 2022

Lease Sales

Marketed: Pin Oak Energy Partners Operated Utica Opportunity

Pin Oak Energy Partners retained Detring Energy Advisors for the sale of Utica Shale leasehold, producing properties and related assets located in the volatile oil and condensate windows in Harrison and Tuscarawas counties, Ohio.

May 2, 2022

IPO , Shale Plays

Shale Gas Producer BKV Corp. Explores Potential IPO: Sources

While the volatility in commodity prices makes its exact valuation uncertain, BKV Corp. may be worth up to $2 billion, including debt, when it lists, sources say.

April 29, 2022

Lease Sales

On the Market Oil and Gas Quicklist (Week of April 27, 2022)

Here’s a quicklist of oil and gas assets on the market including a Hibernia Resources Midland Basin wellbore only divestiture plus Stephens Natural Resources North Louisiana working interest.

April 27, 2022