Midcontinent
People , Exploration & Production , Acquisitions & Divestitures
Forty Under 40: Scott Van Sickle, Revolution Resources
Today’s featured Forty Under 40 honoree is Scott Van Sickle, CEO of Revolution Resources, which owns and operates oil and gas properties in the Midcontinent region.
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of Dec. 29, 2021
Here’s a snapshot of recent energy deals including Earthstone Energy’s entry into the Delaware Basin plus the closing of Pioneer Natural Resources’ $3.25 billion exit from the Permian sub-basin.
Lease Sales
On the Market Oil and Gas Quicklist (Week of Dec. 29, 2021)
Here’s a quicklist of oil and gas assets on the market including a CUDA Energy conventional Powder River Basin opportunity plus a California Resources San Joaquin Basin conventional asset.
Rig Counts , Shale Plays
Hart Energy Unconventional Activity Tracker (Week of Dec. 27, 2021)
According to Enverus Rig Analytics, the U.S. rig count is nearing levels seen in March 2020, the start of COVID-related shutdowns.
Rig Counts , Shale Plays
Hart Energy Unconventional Activity Tracker (Week of Dec. 20, 2021)
The largest week-over-week changes to the U.S. rig count occurred in the Permian, which added four rigs, and the Anadarko Basin, which added three.
Shale Plays , Acquisitions & Divestitures
Presidio Petroleum Reportedly in Talks to Buy Exxon Mobil Shale Gas Assets
Exxon Mobil’s XTO Energy unit has been seeking buyers for its holdings in the Fayetteville Shale in Arkansas, part of the company’s drive to raise cash by shedding unwanted assets.
Public Capital , Acquisitions & Divestitures
Diversified Completes Acquisition of Oklahoma Operator Tapstone Energy
The acquisition of Oklahoma City Tapstone Energy represents Diversified Energy’s fourth deal in what the company has dubbed its new central regional focus.
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of Dec. 15, 2021
Here’s a snapshot of recent energy deals including back-to-back acquisitions in the Midcontinent by Tom Ward’s BCE-Mach plus the closing of Contango Oil & Gas’ combination with a KKR-backed firm.
Lease Sales
On the Market Oil and Gas Quicklist (Week of Dec. 15, 2021)
Here’s a quicklist of oil and gas assets on the market including a Pantera Energy Oklahoma Panhandle property package and the sale of Tier 1 Merced properties in the Delaware Basin and Eagle Ford Shale.
Private Equity , Shale Plays , Acquisitions & Divestitures
Tom Ward-led Group Ends Year with Back-to-back Acquisitions
The two recent acquisitions were executed through purchase and sale agreements totaling $66.5 million, the first of which represents BCE-Mach’s fourth acquisition in the STACK play.