Permian
Acquisitions & Divestitures , Trends
Energy A&D Transactions from the Week of April 1, 2020
Here’s a snapshot of energy deals from the past week including the sale of Ovinitv properties in the Williston Basin plus a $100 million dropdown of a gathering system in the Permian Basin.
Lease Sales
On the Market Oil and Gas Quicklist (Week of April 1, 2020)
Here’s a quicklist of oil and gas assets on the market including producing Noble Energy assets located in various Texas counties plus an Olifant Energy Austin Chalk and Eagle Ford Shale package.
Unconventional , Top IP Wells
Updated: Top 12 IP Wells in the Permian Basin
March 2020: Phantom Field-Wolfcamp Discovery By EOG: 8.318 Mbbl Of Oil, 14.702 MMcf Of Gas Per Day
Exploration & Production
As Goes Exxon Mobil, So Goes the Permian
Exxon Mobil had been the nation’s leading rig employer at 69 units on average year-to-date 2020, double the tally for EOG Resources Inc., the nation’s second most active rig employer.
People
Parsley Paves The Way
Fresh off of a $2.27 billion merger with Jagged Peak Energy, Permian producer Parsley Energy is raising its profile on Wall Street—and raising awareness of ESG issues. Is it the new model for independent producers?
Business , Gathering & Processing
There’s Floodin’ Down In Texas
The relationship between water management companies and producers is being shaped by the recent surge of water infrastructure transactions.
Business
Trends In U.S. Land Prices
This play-by-play takes a deep look into pricing trends across six key basin areas, including the two most active gas plays and the Gulf of Mexico.
Completions , Well Stimulation
Getting to the Bottom of Extended-reach Lateral Challenges
Hydraulically activated completion solutions can reduce risk, lower costs and expedite bringing wells online faster.
Investment , Unconventional , Methane , Emissions , Shale Plays
Texas Oil Industry Launches Alliance to Tackle Flaring, Emissions
Known as the Texas Methane and Flaring Coalition, the new group will collectively identify and promote operational and environmental recommended practices to minimize flaring and methane emissions.
Exploration & Production
Diamondback Energy Cuts 2020 Production Forecast
The company said it now plans to produce about 295,000 to 310,000 barrels of oil equivalent per day (boe/d) for the full year, lower than its previous forecast of 310,000 to 325,000 boe/d.