Appalachia
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of Feb. 17, 2021
Here’s a snapshot of recent energy deals including the $2.2 billion all-stock combination of Canadian oil producers ARC Resources and Seven Generation plus Energy Transfer’s multibillion-dollar acquisition of Enable Midstream.
Lease Sales
On the Market Oil and Gas Quicklist (Week of Feb. 17, 2021)
Here’s a quicklist of oil and gas assets on the market including ORRI assets across the Williston and Powder River basins plus a package of Midcontinent properties from Meade Energy.
Rig Counts , Unconventional , Shale Plays
Hart Energy Unconventional Activity Tracker (Week of Feb. 16, 2021)
U.S. drillers this week added oil and natural gas rigs for a 12th week in a row, marking the longest streak of additions since June 2017 as oil prices hit their highest in more than a year.
Natural Gas , Construction , Pipelines
Analyst: End of an Era for Large Greenfield Gas Pipes?
High costs, regulatory hurdles and environmentalist opponents have made it difficult to construct major natural gas pipelines out of Appalachia.
Shale Plays , Construction , Pipelines
RGC Expects to Complete Mountain Valley Gas Pipeline by Year-end 2021
“MVP (Mountain Valley Pipeline) believes that pursuing the individual permit process ... is the most efficient regulatory path to completing the remaining components of the project,” RGC CEO Paul Nester told analysts on a call.
Highlights , Shale Plays
Best of This Week’s Drilling Activity Highlights (Feb. 12, 2021)
High-volume Utica Shale, Gulf of Mexico and Marcellus Shale discoveries plus BPX Energy Eagle Ford completions at its Lonesome Dove pad in Karnes County, Texas top this week’s drilling activity highlights from around the world.
Drilling , Enhanced Oil Recovery
ND Industrial Commission Approves Grant to Trial Green EOR Treatments
Amid growing ESG and financial pressure on oil and gas operations nationwide, the North Dakota Industrial Commission (NDIC) approved a grant on Feb. 4 to trial new green oilfield chemistries in wells across the state.
Natural Gas , Crude Oil , Shale Plays , Midstream
Report: Coal Poised to Regain Some Market Share from Natural Gas
Constraints on the midstream will result in higher gas prices, East Daley says, leading utilities to rely more on cheaper coal.
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of Feb. 10, 2021
Here’s a snapshot of recent energy deals including Northern Oil and Gas’ expansion into the Marcellus Shale with a $250 million acquisition from India’s Reliance plus Japanese trading house Sumitomo’s U.S. shale exit.
Lease Sales
On the Market Oil and Gas Quicklist (Week of Feb. 10, 2021)
Here’s a quicklist of oil and gas assets on the market including a Blackbeard Operating Permian Basin divestiture comprised of certain Central Basin Platform properties plus Overland Oil & Gas D-J Basin, Bakken Shale well packages.