Midcontinent

Lease Sales

Marketed: Texas Panhandle Operated Working Interest Package

Clay Petroleum retained the Oil & Gas Asset Clearinghouse LLC to market an operated working interest package in the Texas Panhandle. The offering includes 61 gas wells in Gray and Sherman counties, Texas.

June 5, 2020

Rig Counts , Unconventional

Chart: Gulf Coast Rig Count As Of June 5, 2020

Arkansas, Louisiana, Mississippi and Texas RRC Dist. 1, 2, 3, 4., 5, 6, inland, offshore

June 5, 2020

Rig Counts , Unconventional

Chart: Midcontinent, Permian Basin Rig Count As Of June 5, 2020

Kansas, Oklahoma, Texas Dist. 7B, 7C, 8, 8A, 9, 10

June 5, 2020

Restructurings , Public Capital , Unconventional , Shale Plays

Chesapeake Energy: Rise and Fall of a US Shale Star

Chesapeake Energy, once worth $35 billion, is flirting with bankruptcy in face of the coronavirus-driven crash.

June 4, 2020

Business , Liquefied Natural Gas (LNG) , Natural Gas , Crude Oil , Midstream

Midstream’s Unruffled Feathers in a Crisis

The midstream sector may prove to be the energy industry’s best story in this black swan event as the global oil and gas business scrambles to respond to 2020’s unexpected shocks.

June 4, 2020

Lease Sales

On the Market Oil and Gas Quicklist (Week of June 3, 2020)

Here’s a quicklist of oil and gas assets on the market including a nonop position in EnerVest’s Nora Field natural gas assets in Virginia and West Virginia plus pipeline interest in Oklahoma gathering systems.

June 3, 2020

Lease Sales

Marketed: Mainline Midstream Oklahoma Gathering Pipeline Interest

Mainline Midstream retained EnergyNet for the sale of about 1,100 miles of pipeline interest located in various Oklahoma counties through an auction ending June 17.

June 2, 2020

Rig Counts , Unconventional , Shale Plays

Hart Energy Unconventional Activity Tracker (Week of June 1, 2020)

The largest monthly decline occurred in the Williston Basin, where 50% of rigs were released, according to Enverus Rig Analytics for May.

June 1, 2020

Business , Crude Oil

Oil and Gas Investor At Closing: Looking for the ‘V-shape’

We have to bet on pent-up demand. The recovery appears to be ‘V-shaped’ in most markets. We hope to see that in the energy world as well.

June 1, 2020

Business

Size Matters

Camino Natural Resources embraced scale, an out-of-favor shale play and a robust hedging strategy as a beacon through the darkness.

June 1, 2020