Midland Basin

Restructurings , Unconventional , Shale Plays , Acquisitions & Divestitures

Permian Basin Operator Approach Resources Hitches Saddle to New Buyer

Bankrupt Permian operator Approach Resources appears to be headed toward a sale again—albeit for less than two-thirds of the original sales price.

September 17, 2020

Business , People , Exploration & Production , Shale Plays , Acquisitions & Divestitures

Industry Veteran Ted Williams Joins EnCore Permian as COO

Industry veteran Ted Williams will join EnCore Permian as partner and COO to lead its growing operations department as the Midland, Texas-based company transforms into an E&P company.

September 17, 2020

Lease Sales

On the Market Oil and Gas Quicklist (Week of Sept. 16, 2020)

Here’s a quicklist of oil and gas assets on the market including the Parsley Energy Big Tex asset in the Permian Basin, plus the sale of certain operated producing properties primarily in the Ark-La-Tex and Midcontinent region by Urban Oil & Gas Group.

September 16, 2020

Water Management

Milestone Wins Permit for New Mexico Slurry Injection Oilfield Waste Disposal Facility

Milestone Environmental Services LLC, the largest independent provider of oilfield waste disposal services in the U.S., said Sept. 15 that the New Mexico Oil Conservation Division (NMOCD) has approved the company’s permit for an oilfield waste slurry injection facility near Jal, in Lea County.

September 16, 2020

Acquisitions & Divestitures , Trends

Energy A&D Transactions from the Week of Sept. 9, 2020

Here’s a snapshot of recent energy deals including the sale of Schlumberger’s fracking business, OneStim, to Liberty Oilfield Services and the dissolution of Ovintiv’s Duvernay Shale JV with PetroChina.

September 9, 2020

Lease Sales

On the Market Oil and Gas Quicklist (Week of Sept. 9, 2020)

Here’s a quicklist of oil and gas assets on the market including a ready-to-drill position within the Permian’s Delaware sub-basin in Reeves County, Texas, that includes 100% gross working interest.

September 9, 2020

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Sept. 2, 2020

Here’s a snapshot of recent energy deals including Panhandle Oil and Gas’ entry into the Haynesville Shale through the acquisition of two packages of royalty acreage from Red Stone Resources.

September 2, 2020

Lease Sales

On the Market Oil and Gas Quicklist (Week of Sept. 2, 2020)

Here’s a quicklist of oil and gas assets on the market including a package of Midland Basin royalty properties in West Texas primarily operated by CrownQuest and Pioneer Natural Resources.

September 2, 2020

Exploration & Production , Completions

Managing Negative Fracture Interactions with Far-Field Diverters and Liquid Chemical Tracers

The effectiveness of far-field diverters was evaluated by a Permian Basin operator using tracers.

September 1, 2020

Water Management , Gathering & Processing

NGL Energy Partners Expands Produced Water Acreage Dedication in Permian

NGL Energy Partners LP on Aug. 31 said that the partnership signed a long-term extension and expansion of an acreage dedication with an existing customer.

August 31, 2020