Energy A&D Transactions From The Week Of Feb. 26, 2020

Here’s a snapshot of energy deals from the past week including Centennial Resource Development’s $225 million sale of produced water infrastructure in the Permian Basin.

February 26, 2020

Lease Sales

On The Market Oil And Gas Quicklist (Week Of Feb. 26, 2020)

Here’s a quicklist of oil and gas assets on the market including Sierra Resources’ large, operated and contiguous in the Eagle Ford Shale plus QEP assets in Kentucky and Michigan.

February 26, 2020

Business , Shale Plays , Water Management , Acquisitions & Divestitures , Midstream

Centennial Resource Development Sells Off Permian Water Assets For $225 Million

Upon closing of the acquisition, WaterBridge will handle all of Centennial Resource Development's produced water in the southern Delaware Basin.

February 25, 2020

Unconventional , Discoveries , Shale Plays

Torchlight Energy Strikes Oil, Gas At Orogrande Test Well

The oil producer said it expects the new field—The Upper Pennsylvanian Silt (WolfPenn)—to be an oil-rich reservoir with significant volumes of gas as well.

February 25, 2020

People , Exploration & Production , Shale Plays

Mark Papa To Retire From Centennial Resource Development

Following Mark Papa’s retirement, the board of Permian shale operator Centennial Resource Development has decided to separate the roles of chairman and CEO.

February 24, 2020

Unconventional , Conventional , Drilling , Completions

Acoustic Imaging Tool Provides 360-degree Downhole View

The approach leverages sound waves to give operators eyes inside their wellbores.

February 24, 2020

Investment , Health, Safety & Environment , Emissions , Renewables

Varying Shades Of Green: Big Oil’s Different Energy Transition Approaches

From renewable power projects to cutting emissions from oil and gas operations, supermajors on both sides of the Atlantic are taking different approaches to going greener.

February 24, 2020

Public Capital , Policy & Regulations , Health, Safety & Environment , Emissions , Shale Plays

Pioneer CEO Scott Sheffield Urges Investors To Divest In Top Flarers

Pioneer Natural Resources CEO Scott Sheffield called on oil and gas investors to sell shares or pull funding from companies that have rates of natural gas flaring.

February 20, 2020

Shale Plays , Midstream

Energy Transfer Signs Eagle Ford Shale, Permian Basin Agreements

Energy Transfer signed agreements with an undisclosed company for the gathering, processing, transportation and fractionation of NGL  in the Eagle Ford Shale and the Permian's Delaware sub-basin.

February 20, 2020

Lease Sales

Marketed: Producing Bone Spring ORRI, Lea County, New Mexico

Merrion Oil & Gas retained EnergyNet for the sale of overriding royalty interest package in the Permian Basin through a sealed-bid offering closing March 10.

February 20, 2020