SCOOP/STACK
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
On The Market Quicklist (Week Of Aug. 14, 2019)
Here’s a quicklist of oil and gas assets on the market including EOG Resources Marcellus Shale assets and a Permian Basin minerals position from AE&J Royalties.
Trends
A&D Transactions From The Week Of Aug. 7, 2019
Here’s a snapshot of energy deals from the past week including Occidental’s $1.5 billion Permian Basin JV and a $700 million dropdown deal from Diamondback Energy.
Lease Sales
On The Market Quicklist (Week Of Aug. 7, 2019)
Here’s a quicklist of oil and gas assets on the market including multiple packages from Samson Resources plus an opportunity in the third-largest oil field in the U.S.
Earnings , Exploration & Production , Shale Plays
Chesapeake Energy Posts Bigger-than-expected Quarterly Loss
Natural gas makes up for a majority of Chesapeake Energy's production. But the company has been shifting its focus to oil production as gas prices have been pressured.
Earnings
Continental Resources Profit Falls 20% On Weak Crude Prices
U.S. oil producer Continental Resources Inc reported a 19.7% fall in quarterly adjusted profit on Aug. 5 as weaker crude and natural gas prices more than offset a rise in overall production.
Exploration & Production , Shale Plays , Acquisitions & Divestitures , Trends
US E&P A&D Deal List (First-Half 2019)
The Occidental-Anadarko takeover plus the completion of Encana and Chesapeake’s multibillion-dollar mergers top our list of upstream deal-making from the first half of 2019.
Lease Sales
On The Market Quicklist (Week Of July 31, 2019)
Here’s a quicklist of oil and gas assets on the market including a minerals package in the Haynesville Shale plus an operated Oklahoma property in the Scoop play.
Earnings , Unconventional , Shale Plays
Encana Beats Estimates On Higher Permian, Anadarko Production
Encana edged past estimates for quarterly profit on July 31, helped by increased shale oil production in the Anadarko and Permian basins.
Business , Exploration & Production , Shale Plays , Acquisitions & Divestitures
Apache Exits Scoop/Stack With Over $600 Million Asset Sales
Apache recently agreed to sell its Midcontinent positions in the Western Anadarko Basin and Scoop/Stack in separate transactions with two private-equity backed E&Ps.