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.
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.
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.
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.
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.
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.
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.
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.
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.
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.