Midcontinent
Infrastructure , Shale Plays , Construction , Pipelines
Enable Midstream Receives FERC Approval for Gulf Run Pipeline Project
Enable Midstream Partners LP has been granted approval by the Federal Energy Regulatory Commission (FERC) to construct and operate the Gulf Run Pipeline project under section 7(c) of the Natural Gas Act, the company said on June 2.
Rig Counts , Unconventional , Shale Plays
Hart Energy Unconventional Activity Tracker (Week of May 31, 2021)
U.S. rig count fell slightly for the second week in a row, leading to the conclusion that last week’s sudden drop was more than a blip caused by rig downtime — some rigs moving between wells.
Unconventional , Top IP Wells
Updated: Top 12 I.P. Wells in Granite Wash
February 2012: Linn Energy completion flows 31.42 MMcfe per day
Unconventional , Top IP Wells
Updated: Top 12 IP Wells in Woodford Shale
January 2020 update: Two Woodford Wells Completed in Grady County, Okla., by Gulfport Energy
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of May 26, 2021
Here’s a snapshot of recent energy deals including Oasis Petroleum’s Permian Basin exit and the all-equity consolidation of three Kayne Anderson portfolio teams in the Anadarko Basin.
Lease Sales
On the Market Oil and Gas Quicklist (Week of May 26, 2021)
Here’s a quicklist of oil and gas assets on the market including two Permian Basin packages in Howard County, Texas—one comprising Cholla Petroleum’s nonoperated position and the other a private seller’s mineral and royalty interest footprint.
Lease Sales
Marketed: Grizzly Energy Oklahoma Mineral Acreage Package
Grizzly Operating LLC retained EnergyNet for the sale of roughly 5,945 net mineral acres across Oklahoma through an auction closing June 10.
Public Capital , Shale Plays , Acquisitions & Divestitures , Trends , Mergers
Cabot, Cimarex ‘Surprise’ Merger Bucks Pure-play Consolidation Trend
Despite being named as potential targets for larger rivals, the merger between Cabot Oil & Gas and Cimarex Energy shows a desire to remain independent while reaching a size that is relevant for energy investors, says Enverus analyst Andrew Dittmar.
Rig Counts , Unconventional , Shale Plays
Hart Energy Unconventional Activity Tracker (Week of May 24, 2021)
The U.S. dropped 21 active oil and gas rigs in the past week with Enverus noting the week-over-week swing to most likely be due to rigs moving between wells.
Public Capital , Shale Plays , Acquisitions & Divestitures , Mergers
US Shale Producers Cabot Oil & Gas, Cimarex Energy to Combine
The combination of Cabot Oil & Gas and Cimarex Energy, which will operate under a new name, is estimated to have an enterprise value of approximately $17 billion.