SCOOP/STACK

Highlights , Shale Plays

Best of This Week’s Drilling Activity Highlights (April 30, 2021)

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.

April 30, 2021

Public Capital , Shale Plays

Marathon Oil Raises Dividend By Over 30% Following Debt Redemption

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.

April 30, 2021

Lease Sales

Marketed: Fairway Resources Northwest STACK, Western Anadarko Producing Asset

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.

April 29, 2021

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of April 21, 2021

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.

April 28, 2021

Private Equity , Natural Gas , Shale Plays , Acquisitions & Divestitures , Midstream

Midstream Business Anatomy of a Deal: Tailwater Capital

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.

April 26, 2021

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of April 21, 2021

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.

April 21, 2021

Public Capital , Shale Plays , Acquisitions & Divestitures

PHX Minerals Acquires Royalty Acreage Focused in Continental’s SCOOP Area

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.

April 19, 2021

Policy & Regulations

Biden Administration Discusses Tribes’ Oversight in Oil-Rich Okla.

Talks involve tribes’ input into environmental regulations in much of the eastern half of Oklahoma.

April 15, 2021

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of April 7, 2021

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.

April 7, 2021

Business , Exploration & Production , Shale Plays

North Avenue Capital Extends More than $5 Million into Oklahoma’s Oil and Gas Industry

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. 

April 1, 2021