Barnett

Rig Counts , Unconventional , Shale Plays

Hart Energy Unconventional Activity Tracker (Week of May 18, 2020)

For a second week in a row, the number of rigs operating in the U.S. fell to another all-time low, though, according to Enervus, this is the first single-digit decline in the U.S. rig count over the past 12 weeks.

May 18, 2020

Exploration & Production

Drilling Permits Issued in Texas Fall by 50% for April

Of the permits issued, 416 were to drill new oil and gas wells, mostly in the Midland district where companies plan to drill 263 oil and gas wells.

May 13, 2020

Rig Counts , Unconventional , Shale Plays

Hart Energy Unconventional Activity Tracker (Week of May 11, 2020)

U.S. drops 20 rigs from last week to current week’s total of 390. Hess, EOG Resources, Oxy USA, Marathon, Devon and Cimarex are among the many that have announced cuts or reductions to their programs.

May 11, 2020

Rig Counts , Unconventional , Shale Plays

Hart Energy Unconventional Activity Tracker (Week of May 4, 2020)

The oil-rig count in the U.S. has now declined for seven weeks in a row, implying upcoming declines in domestic crude output.

May 4, 2020

Acquisitions & Divestitures , Trends

Energy A&D Transactions from the Week of April 29, 2020

Here’s a snapshot of recent energy deals including closing renegotiation of BP’s $5.6 billion Alaska sale to Hilcorp Energy and a $575 million acquisition by Total.

April 29, 2020

Acquisitions & Divestitures , Trends

Energy A&D Transactions from the Week of April 22, 2020

Here’s a snapshot of energy deals from the past week including the closing of a Tom Ward-led partnership’s acquisition of bankrupt Alta Mesa Resources and a $1.6 billion asset sale by Chevron.

April 22, 2020

Acquisitions & Divestitures , Trends

Energy A&D Transactions from the Week of April 15, 2020

Here’s a snapshot of energy deals from the past week including approval of the sale of bankrupt Alta Mesa Resources for $220 million plus amended terms to Devon Energy’s Barnett sale.

April 15, 2020

Business , Unconventional , Shale Plays , Acquisitions & Divestitures

Devon Energy Looks to Boost Proceeds in Barnett Shale Deal

As part of the amended terms, Kalnin Ventures agreed to pay up to $830 million for Devon Energy’s Barnett assets—a $60 million increase from the original purchase price.

April 14, 2020

Exploration & Production , Shale Plays , Water Management

From E&P Executive Editor: Making Waves

The oil and gas industry continues to find solutions to the slippery challenge of managing its water needs.

March 3, 2020

Business , Health, Safety & Environment , Shale Plays

ESG And Energy

Some say broader environmental, social and governance measures are a must in support of a global decarbonization campaign.

March 3, 2020