Midcontinent
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of Feb. 24, 2021
Here’s a snapshot of recent energy deals including a series of transactions in the Duvernay Shale as both Shell and Ovintiv exit the play plus Continental Resources reveals itself as the buyer of Samson Resources’ Powder River Basin position.
Lease Sales
On the Market Oil and Gas Quicklist (Week of Feb. 24, 2021)
Here’s a quicklist of oil and gas assets on the market including certain Ageron Energy properties located in the dry gas window of the Eagle Ford Shale in South Texas plus a Caney and Woodford Shale opportunity from Falcon E&P Royalty Holdings.
Rig Counts , Unconventional , Shale Plays
Hart Energy Unconventional Activity Tracker (Week of Feb. 22, 2021)
The U.S. rig count rose last week to 443 as of Feb. 17, according to Enverus Rig Analytics. The count is up 4% in the last month but still down 46% year-over-year.
Lease Sales
Marketed: Falcon E&P Royalty Holdings Caney, Woodford Shale Opportunity
Falcon E&P Royalty Holdings LLC retained EnergyNet for the sale of a Caney and Woodford Shale Opportunity through a sealed-bid offering closing March 10.
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of Feb. 17, 2021
Here’s a snapshot of recent energy deals including the $2.2 billion all-stock combination of Canadian oil producers ARC Resources and Seven Generation plus Energy Transfer’s multibillion-dollar acquisition of Enable Midstream.
Lease Sales
On the Market Oil and Gas Quicklist (Week of Feb. 17, 2021)
Here’s a quicklist of oil and gas assets on the market including ORRI assets across the Williston and Powder River basins plus a package of Midcontinent properties from Meade Energy.
Public Capital , Shale Plays , Acquisitions & Divestitures , Mergers , Midstream
Energy Transfer to Acquire Enable Midstream in $7.2 Billion All-stock Deal
The all-equity transaction for Enable Midstream, valued at about $7.2 billion including debt, comes weeks after a U.S. appeals court dealt a blow that could shut down the Dakota Access crude pipeline operated by Energy Transfer.
Rig Counts , Unconventional , Shale Plays
Hart Energy Unconventional Activity Tracker (Week of Feb. 16, 2021)
U.S. drillers this week added oil and natural gas rigs for a 12th week in a row, marking the longest streak of additions since June 2017 as oil prices hit their highest in more than a year.
Lease Sales
Marketed: Meade Energy Midcontinent Properties in Anadarko, Arkoma Basins
Meade Energy Corp. retained TenOaks Energy Advisors for the sale of certain operated, nonoperated and royalty properties located in Oklahoma and Texas.
Highlights , Shale Plays
Best of This Week’s Drilling Activity Highlights (Feb. 12, 2021)
High-volume Utica Shale, Gulf of Mexico and Marcellus Shale discoveries plus BPX Energy Eagle Ford completions at its Lonesome Dove pad in Karnes County, Texas top this week’s drilling activity highlights from around the world.