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.

August 13, 2020

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.

August 13, 2020

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.

August 13, 2020

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.

August 12, 2020

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.

August 12, 2020

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.

August 12, 2020

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.

August 12, 2020

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.

August 11, 2020

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.

August 10, 2020

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.

August 10, 2020