Appalachia
Lease Sales
On the Market Oil and Gas Quicklist (Week of June 24, 2020)
Here’s a quicklist of oil and gas assets on the market including Permian Basin leasehold in Reeves County, Texas, plus a royalty interest package in the Eagle Ford Shale that includes wells operated by Devon Energy.
Unconventional , Natural Gas , Crude Oil , Shale Plays
Why US Shale Production Declines Are Higher Than You Might Think
The natural decline rates of existing oil and gas wells across major shale plays in the U.S. will contribute to a tighter supply/demand balance.
Rig Counts , Unconventional , Shale Plays
Hart Energy Unconventional Activity Tracker (Week of June 22, 2020)
The number of oil and natural gas rigs operating in North America remains at a record low even as higher oil prices prompt some producers to start drilling again.
Highlights , Shale Plays
Best of This Week’s Drilling Activity Highlights (June 19, 2020)
A Bone Spring discovery made by Occidental Petroleum in the Permian Basin plus a Forward Field-Marcellus Shale producer reported by EQT in Pennsylvania’s Allegheny County top this week’s drilling activity highlights from around the world.
Acquisitions & Divestitures , Trends
Energy A&D Transactions from the Week of June 17, 2020
Here’s a snapshot of recent energy deals including an acquisition by Northern Oil and Gas of core Williston Basin acreage operated by WPX Energy plus the sale of ORRI by Antero Resources.
Lease Sales
On the Market Oil and Gas Quicklist (Week of June 17, 2020)
Here’s a quicklist of oil and gas assets on the market including multiple packages from Atinum Energy Investments, the largest of which comprises a core Appalachia nonop position being developed by Tug Hill.
Rig Counts , Unconventional , Shale Plays
Hart Energy Unconventional Activity Tracker (Week of June 15, 2020)
Rig count is down again but decline rate seems to be slowing.
Public Capital , Investment , Shale Plays , Acquisitions & Divestitures
Appalachia Shale Producer Antero Closes $402 Million ORRI Sale
The ORRI transaction with Sixth Street Partners addresses over half of Antero Resources’ $650 million to $900 million asset sale goal for 2020 while allowing the Appalachia shale producer to pay down debt, CEO Paul Rady says.
Infrastructure , Construction , Pipelines
Supreme Court Rules for Pipeline in Appalachian Trail Dispute
Ruling removes a major obstacle to construction of the $7.5 billion Atlantic Coast Pipeline.
Infrastructure , Construction , Pipelines
EQM Delays Mountain Valley Natgas Pipe to Early 2021
The pipeline’s estimated price could increase by about 5%.