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.

March 25, 2020

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.

March 25, 2020

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.

March 25, 2020

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.

March 24, 2020

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.

March 18, 2020

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.

March 18, 2020

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.

March 17, 2020

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.

March 13, 2020

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.

March 12, 2020

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.

March 12, 2020