Midcontinent
Rig Counts , Unconventional
Chart: Gulf Coast Rig Count As Of August 23, 2019
Arkansas, Louisiana, Mississippi and Texas RRC Dist. 1, 2, 3, 4., 5, 6, inland, offshore
Rig Counts , Unconventional
Chart: Midcontinent, Permian Basin Rig Count As Of August 23, 2019
Kansas, Oklahoma, Texas Dist. 7B, 7C, 8, 8A, 9, 10
Trends
A&D Transactions From The Week Of Aug. 21, 2019
Here’s a snapshot of energy deals from the past week including a Permian Basin acquisition by Vermilion Cliffs plus the closing of the roughly $422 million merger of rivals TGS and Spectrum.
Lease Sales
On The Market Quicklist (Week Of Aug. 21, 2019)
Here’s a quicklist of oil and gas assets on the market including a roughly 24,000 net-acre contiguous, operated position in the Olmos trend of South Texas and Wolfcamp nonop assets in the Permian.
Lease Sales
Marketed: Fayetteville Shale Royalties, ORRI Package
Cascade Acquisition Partners retained EnergyNet for the sale of a Fayetteville Shale well package in Arkansas comprised of royalty interest and ORRI through an auction closing Sept. 5.
Public Capital , Pressure Pumping , Acquisitions & Divestitures
Analyst: Pressure Pumping Asset Sale Implies Extraordinary Upside
Analysts with Tudor, Pickering, Holt & Co. noted the sale of Quintana’s legacy conventional pressure pumping operations was a small deal but that it also highlighted a “prodigious valuation upside.”
Exploration & Production , Liquefied Natural Gas (LNG) , Pipelines
Shale Gas Producers Help Fuel US LNG Exports Rise To Top
Together, the Appalachia and Permian basins are expected to supply about 53% of the North American gas market by 2030, according to McKinsey and Co.
Lease Sales
Marketed: Nonop Production Package In Blaine County, Oklahoma
JL Resources retained the Oil & Gas Asset Clearinghouse for the sale of nonop interest in a producing Oklahoma property in Blaine County with bids due Sept. 5.
Lease Sales
Marketed: Oklahoma Oil And Gas Royalties, ORRI Properties
ELR Production retained EnergyNet for the sale of Oklahoma properties including royalty interest and overriding royalty interest through multiple auctions closing Aug. 27-28.
Trends
A&D Transactions From The Week Of Aug. 14, 2019
Here’s a snapshot of energy deals from the past week including the closing of Occidental’s $55 billion takeover of Anadarko Petroleum and Qatar’s $550 million buy-in of Permian midstream.