Midcontinent

Public Capital , People , Exploration & Production , Shale Plays

Shale Producer Ovintiv Promotes Brendan McCracken to President

Brendan M. McCracken succeeds Michael McAllister, Ovintiv’s former president who retired in June after 20 years with the company and nearly 40 years in the industry.

November 12, 2020

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Nov. 11, 2020

Here’s a snapshot of recent energy deals including the merger of Denver-Julesburg Basin producers Bonanza Creek Energy and HighPoint Resources in a $376 million deal.

November 11, 2020

Lease Sales

On the Market Oil and Gas Quicklist (Week of Nov. 11, 2020)

Here’s a quicklist of oil and gas assets on the market including a package of operated Oklahoma assets in Ellis County from Kaiser-Francis Oil plus Winfield Resources’ horizontal Marcellus wellbore-only interests in Pennsylvania.

November 11, 2020

Rig Counts , Unconventional , Shale Plays

Hart Energy Unconventional Activity Tracker (Week of Nov. 9, 2020)

The U.S rig count is up 14% over the last month with the largest gains in the Gulf Coast and Permian Basin regions.

November 9, 2020

Lease Sales

Marketed: Kaiser-Francis Oil Operated Oklahoma Package, Ellis County

Kaiser-Francis Oil Co. retained EnergyNet for the sale of an operated package of assets in Oklahoma’s Ellis County through an auction closing Dec. 2.

November 5, 2020

Public Capital , Earnings , Exploration & Production , Shale Plays

US Shale Producer Marathon Oil Posts Fourth Straight Quarterly Loss

Marathon Oil reported a loss of $317 million, or 40 cents per share, for the quarter ended Sept. 30, compared to a profit of $165 million, or 21 cents per share, a year earlier.

November 4, 2020

Acquisitions & Divestitures , Trends

Energy A&D Transactions from the Week of Nov. 4, 2020

Here’s a snapshot of recent energy deals including the closing of Warren Buffet’s Berkshire Hathaway acquisition of the Dominion gas business worth nearly $10 billion acquisition plus the sale of Schlumberger’s rod-lift business to Lufkin Industries.

November 4, 2020

Lease Sales

On the Market Oil and Gas Quicklist (Week of Nov. 4, 2020)

Here’s a quicklist of oil and gas assets on the market including a Permian Basin well package operated by Apache Corp. plus Royal Blue Minerals II’s Williston Basin position.

November 4, 2020

Rig Counts , Unconventional , Shale Plays

Hart Energy Unconventional Activity Tracker (Week of Nov. 2, 2020)

The U.S. rig count rose 11% in October but was down 60% year-over-year.

November 2, 2020

People , Exploration & Production , Acquisitions & Divestitures

Forty Under 40: Abdalla Ali, Wayfinder Resources

Today’s featured Forty Under 40 honoree is Abdalla Ali, vice president of engineering at Wayfinder Resources, a Houston-based onshore oil and gas company with assets in the Anadarko Basin of Oklahoma.

November 2, 2020