Midcontinent

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Oct. 20, 2021

Here’s a snapshot of recent energy deals including a $750 million asset sale by Occidental Petroleum plus Citizen Energy’s $153 million expansion in Oklahoma.

October 20, 2021

Lease Sales

On the Market Oil and Gas Quicklist (Week of Oct. 20, 2021)

Here’s a quicklist of oil and gas assets on the market including Chisholm Oil & Gas STACK nonop opportunity plus Merit Energy Anadarko Basin nonop and mineral/royalty position.

October 20, 2021

Public Capital , People , ESG

Diversified Energy Appoints Teresa Odom as Vice President of ESG, Sustainability

Concurrently with Teresa Odom’s promotion, Diversified Energy said that James (Jim) Sheehan will be joining the company to serve as vice president of investor relations.

October 19, 2021

Rig Counts , Shale Plays

Hart Energy Unconventional Activity Tracker (Week of Oct. 18, 2021)

The Permian Basin led the way in the increase, adding seven rigs in the last week to reach 241, while Appalachia and the Gulf Coast also gained rigs. The Williston Basin had the largest drop though.

October 18, 2021

Lease Sales

Marketed: Merit Energy Anadarko Basin Nonop, Mineral/Royalty Position

Merit Energy Co. retained PetroDivest Advisors for the sale of its oil and gas nonoperated working interest and mineral and royalty interest concentrated in the core of the Anadarko Basin.

October 18, 2021

Lease Sales

Marketed: Chisholm Oil & Gas STACK Nonop Opportunity

Chisholm Oil & Gas retained Stephens Inc. for the sale of a nonoperated opportunity in the STACK play of Oklahoma, the majority of which is located in Kingfisher County.

October 15, 2021

Rig Counts , Unconventional

Chart: Gulf Coast Rig Count as of October 15, 2021

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

October 15, 2021

Rig Counts , Unconventional

Chart: Midcontinent, Permian Basin Rig Count as of October 15, 2021

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

October 15, 2021

Private Equity , Shale Plays , Acquisitions & Divestitures

Warburg’s Citizen Energy Expands in Oklahoma with $153 Million Bolt-on

Warburg Pincus-backed Citizen Energy agreed to acquire from an undisclosed seller 28,000 net acres described as a “gas-rich, bolt-on acquisition” to the company’s existing Anadarko Basin footprint.

October 14, 2021

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Oct. 13, 2021

Here’s a snapshot of recent energy deals including Comstock Resources’ Bakken exit in a $154 million sale plus the $419 million cash acquisition of Tapstone Energy and SilverBow’s largest acquisition to date.

October 13, 2021