Major U.S. shale plays with the largest week-over-week increases were in the Appalachian and the Permian basins, with each gaining three rigs.
U.S. shale producer BKV Corp. is acquiring a Texas power generator for $430 million in a move that leverages its gas production to generate electricity, the company said on Aug. 11.
Here’s a quicklist of oil and gas assets on the market including a Battalion Oil Bakken Shale package plus operated conventional Williston Basin assets and royalty acreage for sale concentrated in the core of the D-J Basin.
According to Enverus Rig Analytics, the U.S. rig count increased by seven in the last week. The number of active rigs is up 5% in the last month and up nearly 99% year-over-year.
Here’s a quicklist of oil and gas assets on the market including core Williston Basin assets from Gulfport Energy plus Mammoth Exploration’s conventional Permian Basin footprint and Black Stone Energy interest in over 6,500 wells.
Out of the major U.S. shale plays, the rig count in the Denver-Julesburg and Gulf Coast basins has increased the most, according to Enverus Rig Analytics.
Here’s a snapshot of recent energy deals including the acquisition of a “unique opportunity” in the Permian Basin by Lime Rock Resources in a $508.3 million deal plus Whiting Petroleum’s exit from the D-J Basin.
Here’s a quicklist of oil and gas assets on the market including a Rockcliff Energy package of long-lived conventional production in East Texas plus the sale of an undivided 50% in BHCH Mineral’s legacy mineral and royalty portfolio.
BHCH Mineral Ltd. retained TenOaks Energy Advisors for the sale of an undivided 50% of its legacy mineral and royalty portfolio located across numerous basins in the continental U.S. broken up into four sub-packages.
The largest increases to the rig count in the last week were in the Permian Basin and Anadarko Basin.