Permian
Restructurings , Exploration & Production
Private Oil Producer Remora Petroleum Files for Chapter 11 Bankruptcy
Remora Petroleum, an Austin, Texas-based private E&P company focused on mature, long-lived producing properties, listed approximately $85 million in debt.
Lease Sales
Marketed: XTO Energy Operated Permian Basin Well Package
XTO Energy selected EnergyNet as the exclusive adviser to market a Permian Basin operated opportunity located in Loving and Winkler counties, Texas, through a sealed-bid process closing Sept. 15.
Exploration & Production , Health, Safety & Environment , Emissions , Drilling
Flaring Solutions: Staying Focused
Despite ongoing headwinds facing the battered oil and gas industry, reducing emissions remains a goal.
Unconventional
Turning to DUCs for Short-term Oil Productivity Gains
The inventory of DUCs continued to build this year as the COVID-19 pandemic slowed demand, but companies are now looking to complete wells given improved market conditions.
Lease Sales
Marketed: Wagner Oil Asset Divestiture Across Four Packages
Wagner Oil retained TenOaks Energy Advisors for the sale of four packages comprising South Texas, South Louisiana, Permian Basin and Delaware Basin royalty interests.
Lease Sales
On the Market Oil and Gas Quicklist (Week of Aug. 12, 2020)
Here’s a quicklist of oil and gas assets on the market including a Delaware Basin royalty package from Tumbler Energy Partners plus the associated mineral interests in the historic Hanging H Ranch located in Reeves and Loving counties, Texas.
Company Profiles , DUG Permian , Exploration & Production , Health, Safety & Environment , Shale Plays , Technology , Acquisitions & Divestitures
PATH FORWARD: WPX Energy’s Clay Gaspar Talks Permian Outlook, ESG, Tech
Clay Gaspar, president and COO at WPX Energy, sat down with Hart Energy’s Jessica Morales for an in-depth look at the shale producer’s outlook for the Permian and Williston basins along with the importance of ESG.
Public Capital , Earnings , Exploration & Production , Shale Plays
Occidental to Cut Debt Before Boosting Oil Production, CEO Vicki Hollub Says
Occidental is restarting some activity in the Permian Basin and Gulf of Mexico, but its focus is to "ensure that we have the liquidity to go forward so we have the ability to meet our maturities," CEO Vicki Hollub says.
Lease Sales
Marketed: Private Seller Delaware Basin Minerals Opportunity
A private seller retained Detring Energy Advisors to market for sale the associated mineral interests of the historic Hanging H Ranch asset located in the Delaware Basin in Reeves and Loving counties, Texas.
Rig Counts , Unconventional , Shale Plays
Hart Energy Unconventional Activity Tracker (Week of Aug. 10, 2020)
U.S. energy firms cut the number of oil and gas rigs over the past week to a record low for a 14th week even as higher oil prices prompt some producers to start drilling again.