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.
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
Rig Counts , Unconventional
Chart: Midcontinent, Permian Basin Rig Count As Of June 5, 2020
Kansas, Oklahoma, Texas Dist. 7B, 7C, 8, 8A, 9, 10
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.
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.
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.
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.
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.
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.
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.