Restructurings , Exploration & Production

Private Oil Producer Remora Petroleum Files for Chapter 11 Bankruptcy

Remora Petroleum, an Austin, Texas-based private E&P company focused on mature, long-lived producing properties, listed approximately $85 million in debt.

August 13, 2020

Acquisitions & Divestitures , Trends

Energy A&D Transactions from the Week of Aug. 12, 2020

Here’s a snapshot of recent energy deals including the purchase of bankrupt Templar Energy by Presidio Petroleum, expanding Presidio’s Midcontinent position into Oklahoma’s STACK Play.

August 12, 2020

Lease Sales

On the Market Oil and Gas Quicklist (Week of Aug. 12, 2020)

Here’s a quicklist of oil and gas assets on the market including a Delaware Basin royalty package from Tumbler Energy Partners plus the associated mineral interests in the historic Hanging H Ranch located in Reeves and Loving counties, Texas.

August 12, 2020

Rig Counts , Unconventional , Shale Plays

Hart Energy Unconventional Activity Tracker (Week of Aug. 10, 2020)

U.S. energy firms cut the number of oil and gas rigs over the past week to a record low for a 14th week even as higher oil prices prompt some producers to start drilling again.

August 10, 2020

Public Capital , Exploration & Production , Shale Plays , Acquisitions & Divestitures , Midstream

Riviera Resources Plans to Sell Remaining Upstream Assets

Riviera Resources engaged EnergyNet to market its remaining upstream assets, CEO David Rottino says, with plans for the transactions to close by fourth-quarter 2020.

August 7, 2020

Lease Sales

Marketed: 605 Property Package Across Arkansas, Colorado, Kansas, New Mexico, Oklahoma

EnergyNet has been retained by Map K&W-OK to offer for sale of a 605 property package  located in various counties in Arkansas, Colorado, Kansas, New Mexico and Oklahoma through an auction closing Aug. 20.

August 7, 2020

Highlights , Shale Plays

Best of This Week’s Drilling Activity Highlights (Aug. 7, 2020)

Five Eagle Ford completions by EOG Resources at its McMullen County, Texas, pad plus results from Calyx Energy horizontal Mississippian wells top this week’s drilling activity highlights from around the world.

August 7, 2020

Rig Counts , Unconventional

Chart: Gulf Coast Rig Count as of August 7, 2020

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

August 7, 2020

Rig Counts , Unconventional

Chart: Midcontinent, Permian Basin Rig Count as of August 7, 2020

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

August 7, 2020

Private Equity , Exploration & Production , Shale Plays , Acquisitions & Divestitures

Presidio Petroleum Acquires Anadarko Position from Bankrupt Templar Energy

The acquisition of Templar Energy’s assets through a bankruptcy auction represents an expansion from the western Anadarko Basin, where Presidio Petroleum already has an established position, into Oklahoma’s STACK play.

August 6, 2020