Delaware Basin
Acquisitions & Divestitures , Trends
Energy A&D Transactions from the Week of March 25, 2020
Editor’s note: there were no updates from the previous week’s A&D transactions chart that ran March 18.
Lease Sales
On the Market Oil and Gas Quicklist (Week of March 25, 2020)
Here’s a quicklist of oil and gas assets on the market including interest in an Extraction Oil & Gas-operated well in Colorado’s Larimer County plus a minerals position in the core of the Eagle Ford Shale.
Public Capital , Unconventional , Shale Plays , Acquisitions & Divestitures
US Shale Executive Warns Global Oil Glut Will Not Clear Soon
Most of EOG Resources's activity this year will be in the Eagle Ford Shale and the Permian's Delaware Basin, a company executive said, adding it could reduce some plans if necessary.
Shale Plays , Water Management , Midstream
The Rise of Water in the Midstream
Greater water usage by oil and gas producers is necessitating new infrastructure projects from increasingly specialized operators.
Acquisitions & Divestitures , Trends
Energy A&D Transactions From The Week Of March 18, 2020
Here’s a snapshot of energy deals from the past week including the $94 million acquisition of NexTier’s well services business by Basic Energy.
Lease Sales
On The Market Oil And Gas Quicklist (Week Of March 18, 2020)
Here’s a quicklist of oil and gas assets on the market including Permian Basin minerals plus several packages of Grizzly Energy operated assets across Texas, Oklahoma and Wyoming.
Public Capital , Exploration & Production , Shale Plays
Exxon Mobil, Hess, Concho, Callon, Kosmos Join US Producers Tightening Capex
On average, Reuters estimates North America oil and gas producers have cut their 2020 budgets by about 30% since the fall in oil prices.
People , Exploration & Production
Lilis Energy David Wood Resigns As Director, Chairman
The resignation of Wood was for personal reasons and not because of a disagreement with the company, its directors or any of its stockholders, Lilis said in a statement.
Business , Exploration & Production , Shale Plays , Trends , Mergers
2020 M&A Outlook: Analyzing Permian Basin Consolidation
Analysts with Bernstein Research identified WPX Energy, Occidental Petroleum and Battalion Oil as top acquisition targets in the Permian Basin.
Public Capital , Exploration & Production , Shale Plays
Permian Operator Matador Resources To Cut Rig Count In Half
Matador Resources CEO Joseph Wm. Foran said he also voluntarily agreed to reduce his base salary by 25% as the Permian Basin operator responds to a slump in oil prices.