Highlights , Shale Plays

Best of This Week’s Drilling Activity Highlights (Sept. 18, 2020)

XTO Energy’s results from a Wolfcamp Shale completion in Loving, Texas, plus an oil and gas discovery announced by BP in the Gulf of Mexico top this week’s drilling activity highlights from around the world.

September 18, 2020

Restructurings , Unconventional , Shale Plays , Acquisitions & Divestitures

Permian Basin Operator Approach Resources Hitches Saddle to New Buyer

Bankrupt Permian operator Approach Resources appears to be headed toward a sale again—albeit for less than two-thirds of the original sales price.

September 17, 2020

Business , People , Exploration & Production , Shale Plays , Acquisitions & Divestitures

Industry Veteran Ted Williams Joins EnCore Permian as COO

Industry veteran Ted Williams will join EnCore Permian as partner and COO to lead its growing operations department as the Midland, Texas-based company transforms into an E&P company.

September 17, 2020

Logistics , Gathering & Processing

Brazos Midstream Selects Quorum Software to Streamline Data

Quorum Software (Quorum), the leader in digital transformation for the oil and gas industry, on Sept. 16 said that Brazos Midstream has selected its myQuorum TIPS gathering and processing solution to streamline data, simplify the settlement process and increase data accuracy.

September 17, 2020

Exploration & Production , Methane , Health, Safety & Environment , Emissions , Shale Plays , Technology , Pipelines , System Integrity

Methane Leak Technology Bolsters Oil Industry’s ESG Efforts

By providing details on emissions, oil and gas consultancy Kayrros helps companies to plug the leaks and impress investors.

September 17, 2020

Field Development , Shale Plays , Acquisitions & Divestitures , Joint Ventures

U.S. Energy Development Acquires Interest in Permian Basin Project

Texas-headquartered U.S. Energy Development Corp. is diving into the Columbia Project development in the Permian Basin with Shell Oil Co., having acquired an $8.5 million interest in the project.

September 16, 2020

Acquisitions & Divestitures , Trends

Energy A&D Transactions from the Week of Sept. 16, 2020

Here’s a snapshot of recent energy deals including BP’s $1.1 billion acquisition of U.S. offshore wind assets plus Northern Oil and Gas’ entry into the Permian Basin.

September 16, 2020

Lease Sales

On the Market Oil and Gas Quicklist (Week of Sept. 16, 2020)

Here’s a quicklist of oil and gas assets on the market including the Parsley Energy Big Tex asset in the Permian Basin, plus the sale of certain operated producing properties primarily in the Ark-La-Tex and Midcontinent region by Urban Oil & Gas Group.

September 16, 2020

Water Management

Milestone Wins Permit for New Mexico Slurry Injection Oilfield Waste Disposal Facility

Milestone Environmental Services LLC, the largest independent provider of oilfield waste disposal services in the U.S., said Sept. 15 that the New Mexico Oil Conservation Division (NMOCD) has approved the company’s permit for an oilfield waste slurry injection facility near Jal, in Lea County.

September 16, 2020

Rig Counts , Unconventional , Shale Plays

Hart Energy Unconventional Activity Tracker (Week of Sept. 14, 2020)

The U.S. rig count rose by seven in the last week to 284. However, the count of oil and gas rigs operating remains down year-over-year by 69%.

September 15, 2020