Foundation Energy retained EnergyNet for the sale of a 278 well package with operations in various counties across Arkansas and Oklahoma through a sealed-bid offering closing Oct. 14.
The projected increase in oil and gas production follows recent reports by the EIA of a sharp decline in the DUC count in all major U.S. shale regions.
Here’s a snapshot of recent energy deals including the sale by Colgate Energy of the Permian Basin water assets it had recently acquired as part of its $508 million acquisition from Occidental Petroleum.
Here’s a quicklist of oil and gas assets on the market including EnerVest Utica Shale nonop and ORRI assets plus Sabine Oil & Gas operated East Texas properties and an Eagle Ford mineral position.
The largest week-over-week changes to the U.S. rig count occurred in the Anadarko Basin and the Gulf Coast regions.
Chevron’s partnership with Enterprise Products Partners has the potential to advance the U.S. oil major’s ongoing work to grow its lower carbon businesses with commercial scale, says Jeff Gustavson, president of Chevron New Energies.
Woolsey Operating LLC retained RedOaks Energy Advisors for the sale of certain operated and nonoperated properties in the Midcontinent primarily located in Kansas.
Here’s a snapshot of recent energy deals including Enbridge’s $3 billion purchase of the largest crude export terminal in North America located along the Texas Gulf Coast.
Here’s a quicklist of oil and gas assets on the market including Revolution Resources’ West Edmond Hunton Lime Unit–a mature, free cash flow asset in the Midcontinent with shallow-decline, oil-weighted production.
A JV between Tom Ward’s Mach Resources and Houston-based private equity firm Bayou City Energy Management recently closed the acquisition of producing properties primarily across Oklahoma’s Blaine, Custer and Dewey counties.