Midland Basin

Reservoir Evaluation , Energy Transition , Shale Plays , Enhanced Oil Recovery , Seismic

Colorado School of Mines Hosts Spring 2021 Reservoir Characterization Project

The Spring 2021 meeting of the Colorado School of Mines’ Reservoir Characterization Project featured field projects around the globe including a Permian Basin project operated by Apache.

May 14, 2021

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of May 12, 2021

Here’s a snapshot of recent energy deals including EQT’s nearly $3 billion expansion in the Marcellus plus over $1 billion worth of transactions announced by Laredo Petroleum and Bonanza Creek’s merger with Extraction Oil & Gas.

May 12, 2021

Lease Sales

On the Market Oil and Gas Quicklist (Week of May 12, 2021)

Here’s a quicklist of oil and gas assets on the market including Whiting Petroleum’s Redtail assets in Colorado’s Weld County and a Henry Resources Permian Basin divestiture plus nonop working interest packages in the Midcontinent and Barnett Shale regions.

May 12, 2021

Public Capital , Shale Plays , Acquisitions & Divestitures

Permian Producer Laredo Petroleum Strikes $715 Million Deal for Sabalo, Partner

In addition to the Sabalo deal, Laredo Petroleum also agreed to a partial sale of operated PDP reserves in gas-weighted legacy assets in Reagan and Glasscock counties, Texas, for $405 million.

May 9, 2021

Highlights , Shale Plays

Best of This Week’s Drilling Activity Highlights (May 7, 2021)

Marcellus and Utica shale discoveries, Diamondback completes a Wolfcamp producer in the Permian Basin plus an offshore prospect in the Gulf of Mexico’s Green Canyon Block top this week’s oil and gas drilling activity highlights from around the world.

May 7, 2021

Lease Sales

Marketed: Henry Resources Permian Basin Nonop Divestiture

Henry Resources LLC has retained TenOaks Energy Advisors as its exclusive adviser in connection with the sale of its nonoperated working interest properties in the Permian Basin across West Texas and southeastern New Mexico.

May 6, 2021

Public Capital , Shale Plays , Trends , Mergers

Pioneer’s Recent Multibillion-dollar Buying Spree Strengthens US Shale, CEO Says

Pioneer Natural Resources’s acquisition of privately backed DoublePoint Energy “helps the situation,” CEO Scott Sheffield said in reference to rising fears of a U.S. shale drilling binge.

May 6, 2021

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of May 5, 2021

Here’s a snapshot of recent energy deals including a Bakken deal between Oasis Petroleum and Diamondback Energy plus the sale of Hunt Oil’s Permian Basin asset in a transaction believed to be worth over $1 billion.

May 5, 2021

Lease Sales

On the Market Oil and Gas Quicklist (Week of May 5, 2021)

Here’s a quicklist of oil and gas assets on the market including Fairway Resources Oklahoma properties and Kaiser-Francis Oil well package in Louisiana plus the offer from Centennial Resource Production to acquire or farm in certain operated assets in the Permian Basin of Reeves County, Texas.

May 5, 2021

Public Capital , Earnings , Shale Plays

Pioneer Natural Resources More than Doubles Profit in First Quarter

Pioneer Natural Resources, which operates in the Permian Basin in West Texas, said that its total output was 474,000 boe/d in the first quarter, compared with 364,000 boe/d of production in fourth-quarter 2020.

May 4, 2021