Delaware Basin

Restructurings , Public Capital , Exploration & Production , Shale Plays

Rosehill Resources Files for Chapter 11 Bankruptcy

Rosehill Resources Inc. and Rosehill Operating Co. LLC have commenced voluntary Chapter 11 cases on July 27.

July 27, 2020

Acquisitions & Divestitures , Trends

Energy A&D Transactions from the Week of July 22, 2020

Here’s a snapshot of recent energy deals including Chevron’s $13 billion acquisition of Houston-based independent Noble Energy, marking the largest oil deal since the price crash earlier this year.

July 22, 2020

Lease Sales

Marketed: Callon Petroleum Nonop Permian Basin, Eagle Ford Portfolio

Callon Petroleum retained TenOaks Energy Advisors as its exclusive adviser in connection with the sale of its nonoperated working interest portfolio in the Permian Basin and Eagle Ford.

July 14, 2020

Public Capital , Shale Plays , Trends

Minerals Stocks: Tarnished Crown?

Minerals and royalties companies, favored by investors for the past few years, are now facing their first real test as the pandemic exposes their reliance on E&Ps to generate revenue.

July 14, 2020

Highlights , Shale Plays

Best of This Week’s Drilling Activity Highlights (July 10, 2020)

ConocoPhillips reports extended-reach horizontal Niobrara Shale producers in Colorado’s D-J Basin plus Wolfbone Field-Bone Spring wells completed by Occidental Petroleum in Reeves County, Texas, top this week’s drilling activity highlights from around the world.

July 10, 2020

Shale Plays , Water Management , Midstream

NGL Energy Partners Secures Delaware Basin Acreage Dedication for Produced Water

NGL Energy Partners LP has signed a new long-term produced water transportation and disposal agreement with a supermajor, the company said July 8.

July 8, 2020

Restructurings , Public Capital , Exploration & Production , Shale Plays

Rosehill Resources to Join Growing Number of E&P Bankruptcies

“After exploring all strategic and financial options available to Rosehill,” CEO David French said the company agreed to a restructuring plan with its major creditors, which includes filing for Chapter 11 bankruptcy, .

July 3, 2020

Unconventional , Shale Plays

Research Points to Hidden Opportunities in Permian Basin

Some wells in the Permian’s Delaware sub-basin can clear a ‘10% half-cycle hurdle rate even with WTI below US$30/bbl,’ Wood Mackenzie says.

July 1, 2020

Restructurings , Public Capital , Shale Plays

Permian Basin Operator Lilis Energy Succumbs to Bankruptcy

The restructuring is expected to reduce Lilis Energy debt obligations by more than $34.9 million, rightsizing its bank indebtedness for future operations focused in the Permian Basin.

June 29, 2020

Lease Sales

On the Market Oil and Gas Quicklist (Week of June 24, 2020)

Here’s a quicklist of oil and gas assets on the market including Permian Basin leasehold in Reeves County, Texas, plus a royalty interest package in the Eagle Ford Shale that includes wells operated by Devon Energy.

June 24, 2020