High-volume Bakken completions, Marcellus Shale discoveries from Cabot and Chesapeake plus results of three Woodford Shale wells in Oklahoma’s Grady County by Continental Resources top this week’s oil and gas drilling activity highlights from around the world.
Marathon Oil on April 29 declared a dividend of 4 cents per share, a 33% increase, joining other U.S. oil producers to do so as prices continue to recover from the pandemic-driven crash.
Fairway Resources LLC retained TenOaks Energy Advisors in connection with the sale of certain Midcontinent operated and nonoperated properties in Oklahoma with significant production and leasehold anchored in the Northwest STACK and Western Anadarko Basin.
Here’s a snapshot of recent energy deals including an acquisition by EOG Resources in Australia marking the Houston-based oil and gas producer’s entry into the country plus the closing of Equinor’s $900 million Bakken exit.
Tailwater Capital’s premise is that demand for affordable, reliable energy isn’t going anywhere. The private equity firm’s deals are designed to help supply it.
Here’s a snapshot of recent energy deals including a new JV formed by Vortus Investment Advisors to develop oil-rich assets in the Permian Basin in New Mexico’s Eddy County.
The majority of the acquired interests are focused within Continental Resources’ SpringBoard III project area located in the southern SCOOP play in Oklahoma, PHX Mineral said in a release.
Talks involve tribes’ input into environmental regulations in much of the eastern half of Oklahoma.
Here’s a snapshot of recent energy deals including two large Permian Basin deals including the surprise $6.4 billion acquisition of DoublePoint Energy by Pioneer Natural Resources.
North Avenue Capital said it issued a $5.55 million loan to Dibble SWD Holdings, a permitted saltwater disposal facility in Blanchard, Okla., within the SCOOP and STACK region.