Delaware Basin

Highlights , Shale Plays

Best of This Week’s Drilling Activity Highlights (Oct. 23, 2020)

Occidental Bone Spring completions, EOG Niobrara producers at a Johnson County wellpad in Wyoming plus commingled Woodford/Hayes wells reported by Calyx Energy top this week’s drilling activity highlights from around the world.

October 23, 2020

Highlights , Shale Plays

E&P Plus: October 2020 US Drilling Activity Highlights

Check out the latest oil and gas drilling activity highlights across the U.S. featured in the October issue of E&P Plus including Chesapeake Energy Marcellus Shale discoveries plus a Wolfcamp well tested by Occidental Petroleum in New Mexico’s Eddy County.

October 21, 2020

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Oct. 21, 2020

Here’s a snapshot of recent energy deals including a wave of upstream mergers in the Permian Basin that saw ConocoPhillips agreeing to acquire Concho Resources and Pioneer Natural Resources buying Parsley Energy.

October 21, 2020

Public Capital , Exploration & Production , Shale Plays , Acquisitions & Divestitures , Mergers

Pioneer Natural Resources to Acquire Parsley Energy in All-stock Merger

The merger of the two shale producers, both Permian Basin pure-plays, follows a growing wave of consolidation, which Enverus’ Andrew Dittmar described as a “historic winnowing of U.S.-based independent E&P companies.”

October 20, 2020

Public Capital , Shale Plays , Acquisitions & Divestitures , Mergers

Pioneer Natural Resources Reportedly in Talks to Buy Parsley Energy

Pioneer and Parsley, both Permian pure-plays, are discussing an all-stock deal and could be completed by the end of the month if talks don’t fall apart, a report by the Wall Street Journal said citing people familiar with the matter.

October 20, 2020

Public Capital , Exploration & Production , Shale Plays , Acquisitions & Divestitures , Mergers

ConocoPhillips to Buy Permian Shale Producer Concho Resources in All-stock Deal

Concho Resources’ chairman and CEO, Tim Leach, is set to join ConocoPhillips’ board of directors and executive leadership team as executive vice president and president of Lower 48. 

October 19, 2020

Highlights , Shale Plays

Best of This Week’s Drilling Activity Highlights (Oct. 16, 2020)

A Bone Spring discovery by WPX Energy within the Permian Basin in Loving County, Texas, plus EOG Resources’ horizontal Wolfcamp Shale producers from a Phantom Field wellpad top this week’s drilling activity highlights from around the world.

October 16, 2020

Acquisitions & Divestitures , Trends

Energy A&D Transactions from the Week of Oct. 14, 2020

Here’s a snapshot of recent energy deals including the sale of Blue Mountain Midstream and its assets in Oklahoma’s Merge/SCOOP/STACK play by Riviera Resources in a $111 million cash transaction.

October 14, 2020

People , Exploration & Production , Shale Plays

Permian Basin Operator Primexx Names Chris Doyle as CEO

M. Chris Doyle joins Primexx Energy Partners, a privately held, independent oil and gas company operating in the Southern Delaware Basin, within the Permian from Olympus Energy.

October 13, 2020

Public Capital , Acquisitions & Divestitures

Ring Energy Grants Buyer Extension on Delaware Basin Asset Sale

Ring Energy agreed in April to divest the Delaware Basin position comprising nearly 20,000 acres in Culberson and Reeves counties, Texas, to an undisclosed buyer for about $31.5 million.

October 12, 2020