A&D Transactions From The Week Of Dec. 11, 2019

Here’s a snapshot of energy deals from the past week including a three-way Permian Basin combination that will create a $1.5 billion E&P plus the multimillion-dollar buyout of Jones Energy.

December 11, 2019

Company Profiles , Exploration & Production , Markets

Young E&P Entrepreneurs: Start Them Up

In an unpredictable market, newly minted E&Ps have abandoned the old models of building ready-to-drill assets and instead are forging ahead with new models, operating strategies and leaders.

December 11, 2019

Company Profiles , Unconventional , Drilling , Completions

Gulfport Sees Gains With ‘Aggressive’ Drilling, Completions In Scoop

Increased stage spacing and proppant loading plus use of 100-mesh sand have proven favorable for Gulfport in the Scoop.

December 9, 2019

Business , Exploration & Production , Shale Plays , Acquisitions & Divestitures , Mergers

Jones Energy Agrees To $201 Million Buyout By Revolution

Jones Energy, which entered bankruptcy with $1 billion in debt in April, agreed to an all-cash deal for its Anadarko Basin assets.

December 9, 2019

Rig Counts , Unconventional

Chart: Midcontinent, Permian Basin Rig Count As Of December 6, 2019

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

December 6, 2019

Unconventional , Top IP Wells

Updated: Top 12 IP Wells in Woodford Shale

May 2019 update: Record-setting Continental Resources Inc. completion flows 33.1 MMcfe per day.

December 2, 2019

Business , Exploration & Production , Shale Plays

DUG Midcontinent Day 2: Oklahoma Operators Discuss Challenges, Innovation

Faced with challenges with commodity prices and geology in the Western Anadarko Basin, FourPoint Energy’s Jacob Shumway told DUG Midcontinent conference attendees: “We see this as a time to innovate.”

November 21, 2019

Lease Sales

Marketed: Mineral Acreage Located In Heart Of Scoop, Stack

Pro Mineral Partners retained Oil & Gas Asset Clearinghouse for the sale of acreage in the heart of Oklahoma's Scoop and Stack shale plays in an offering closing Dec. 5.

November 14, 2019

Lease Sales

Marketed: Oklahoma Operated PDP With Leasehold Development

Charter Oak Production retained the Oil & Gas Asset Clearinghouse for the sale of an Oklahoma package of operated multi-well PDP and leasehold development in Love County.

November 11, 2019

Investment , Exploration & Production , Shale Plays

Boomers, Sooner: Oklahoma Oil And Gas Producers

Oklahoma producers are intensifying multisection-lateral and multizone development of their liquids-rich leasehold, bringing production nearer to first spend. They’re also paring costs by millions per well.

November 4, 2019