Barnett
People , Company Profiles , Exploration & Production , Shale Plays , Acquisitions & Divestitures , Trends
Lime Rock Executive Q&A: A Time To Pause, A Time To Buy
To everything there is a season, and while others might find this a time to scatter stones, this disciplined and prepared E&P is busy gathering them. The principals of Lime Rock Resources talk strategy, A&D and practiced patience.
Exploration & Production , Legislation , Shale Plays
Texas RRC Sets Drilling Permit Record For Second Consecutive Year
For two years in a row since 2018, Texas RRC staff has taken two days on average to process standard drilling permits, one day below the legislative requirement, a release from the state agency said.
Trends
A&D Transactions From The Week Of Jan. 8, 2020
Here’s a snapshot of recent energy deals including the sale of Shell’s remaining Haynesville position plus the closing of Callon’s $2.7 billion merger with Carrizo Oil & Gas.
Unconventional , Top IP Wells
Top 12 IP Wells In The Barnett Combo Play
July 2018: Barnett Shale completion by Lakota Energy in Wise County, Texas, flows 1.109 MMcf/d of gas.
Public Capital , Shale Plays , Acquisitions & Divestitures
Devon Energy Expects To Book Charge Tied To Barnett Asset Sale
Devon Energy said Dec. 18 it expects to take a non-cash pretax charge of $650 million to $750 million in the fourth quarter related to the sale of its assets in the Barnett Shale.
Lease Sales
On The Market Quicklist (Week Of Dec. 18, 2019)
Here’s a quicklist of oil and gas assets on the market including a nonop company with a position in Oklahoma’s Scoop and Stack shale plays plus multiple Powder River Basin packages from Anschutz.
Public Capital , Unconventional , Shale Plays , Acquisitions & Divestitures
Devon Energy To Exit Barnett Shale In $770 Million Sale
The buyer of Devon’s Barnett position is Kalnin Ventures, a gas-focused investment vehicle backed by Thailand-based coal mining and power generation company Banpu Pcl.
Business , Exploration & Production , Technology
Fed Survey Doubles Job Loss Estimates For Texas Oil And Gas
The Federal Reserve Bank of Dallas has doubled its estimates for job losses this year through October in the oil and gas industry of Texas, as companies rein in spending in the face of volatile oil prices.
Lease Sales
Marketed: Royalty Interest In Producing North Texas Wells
Unit Petroleum retained EnergyNet for the sale of royalties package in the Barnett Shale in North Texas through an auction closing Dec. 19.
Trends
A&D Transactions From The Week Of Oct. 23, 2019
Here’s a snapshot of energy deals from the past week including another multimillion-dollar royalty sale in the Appalachian Basin by Range Resources.