Midcontinent

Business , Exploration & Production

Dallas Fed Survey: US Energy Producers Sought Bailout as Oil Prices Fell

More than half of the 160 energy executives surveyed in the top U.S. oil and gas producing region sought federal aid as a cushion against the economic downturn.

June 24, 2020

Lease Sales

On the Market Oil and Gas Quicklist (Week of June 24, 2020)

Here’s a quicklist of oil and gas assets on the market including Permian Basin leasehold in Reeves County, Texas, plus a royalty interest package in the Eagle Ford Shale that includes wells operated by Devon Energy.

June 24, 2020

Unconventional , Natural Gas , Crude Oil , Shale Plays

Why US Shale Production Declines Are Higher Than You Might Think

The natural decline rates of existing oil and gas wells across major shale plays in the U.S. will contribute to a tighter supply/demand balance.

June 24, 2020

Rig Counts , Unconventional , Shale Plays

Hart Energy Unconventional Activity Tracker (Week of June 22, 2020)

The number of oil and natural gas rigs operating in North America remains at a record low even as higher oil prices prompt some producers to start drilling again.

June 22, 2020

Public Capital , Unconventional , Shale Plays

Continental Resources Plans to Gradually Restore Production in July

U.S. shale producer Continental Resources expects to partially begin resuming production in July but still expects to curtail approximately 50% of its operated oil production.

June 18, 2020

Lease Sales

On the Market Oil and Gas Quicklist (Week of June 17, 2020)

Here’s a quicklist of oil and gas assets on the market including multiple packages from Atinum Energy Investments, the largest of which comprises a core Appalachia nonop position being developed by Tug Hill.

June 17, 2020

Public Capital , Unconventional , Shale Plays

Devon Energy Curtails 10,000 Barrels of Daily Oil Production

Devon Energy also plans to run two hydraulic fracturing crews in the second half of the year, and expects to exit 2020 with a backlog of 100 drilled-but-uncompleted wells.

June 16, 2020

Rig Counts , Unconventional , Shale Plays

Hart Energy Unconventional Activity Tracker (Week of June 15, 2020)

Rig count is down again but decline rate seems to be slowing.

June 15, 2020

Lease Sales

Marketed: Interest In Continental Resources-operated Oklahoma Wells

Kolding Oil & Gas retained EnergyNet for the sale of a 21-well package comprising nonoperated working interest located in Oklahoma's Carter, Garvin and Grady counties through an auction closing July 1.

June 15, 2020

Lease Sales

On the Market Oil and Gas Quicklist (Week of June 10, 2020)

Here’s a quicklist of oil and gas assets on the market including the sale of Chevron’s East Texas Van Field asset plus bidding has been extended for a Permian Basin/Wolfcamp Shale package in Reeves County, Texas.

June 10, 2020