Permian
Lease Sales
Marketed: Interests In EOG-Operated Delaware Basin Properties
Tessara Petroleum Resources retained RedOaks Energy Advisors for the sale of certain nonoperated and ORRI properties located in Loving County, Texas, of the Permian's Delaware Basin.
Exploration & Production , Completions
E&P Completions And Production: Unlocking Value In Well Designs
Improved optimization could enhance the returns sought by oil and gas investors.
Private Equity , Acquisitions & Divestitures
BlackGold Capital Acquires Midland Basin Mineral Portfolio
BlackGold Capital said 72% of the net royalty acres in the acquired portfolio are leased by operators in the top quartile of active horizontal rig counts in the Midland Basin.
Earnings , Pipelines
Kinder Morgan Profit Jumps 26% On Gulf Coast Express Pipeline Strength
U.S. pipeline operator Kinder Morgan reported a 26% rise in quarterly profit on Jan. 22, benefiting from higher gas takeaway from Permian Basin through its Gulf Coast Express pipeline.
Trends
Energy A&D Transactions From The Week Of Jan. 22, 2020
Here’s a snapshot of energy deals from the past week including the closing of the $1.7 billion all-stock merger of PDC Energy and SRC Energy plus a Midland Basin mineral acquisition.
Construction , Pipelines
Centurion Pipeline Completes Open Season For Augustus Pipeline
Crude line connects the company’s Midland Terminal to long-haul pipes originating at Crane, Texas.
Lease Sales
On The Market Oil And Gas Quicklist (Week Of Jan. 22, 2020)
Here’s a quicklist of oil and gas assets on the market including “SOHOT” asset packages from Marathon Oil in Oklahoma plus a Merit Energy Powder River Basin waterflood asset.
Lease Sales
Marketed: Company Seeking Shale Play Minerals, Royalties
Energy Advisors Group is assisting a mineral and royalty holding company seeking acquisitions of any size in the major U.S. basins especially in plays such as the Permian Basin, Haynesville and Utica/Marcellus.
Unconventional , Natural Gas , Crude Oil , Shale Plays
US Shale Oil, Natgas Production Growth To Hit Slowest In A Year
U.S. oil production from seven major shale formations is expected to rise about 22,000 barrels per day next month, which would be the smallest monthly increase since shale output declined in February 2019.
Gathering & Processing , Construction
Enterprise Begins Service At Mentone Processing Plant
The new plant will support growth in the Delaware Basin.