Wolfcamp
Crude Oil , Exploration & Production , Earnings
EOG: Emerging Ohio Utica Combo Play Competes with Premium Portfolio
As EOG Resources explores premium onshore drilling opportunities, the company is seeing promising results from its South Texas Dorado plays and Ohio Utica results that compare with the Permian Basin.
Transactions , Acquisitions & Divestitures
Sweetheart Deal? Vital Energy Announces Valentine’s Day Midland Basin Acquisition
Vital Energy, formerly known as Laredo Petroleum, said it entered a deal to purchase leasehold in the Midland Basin’s Upton and Reagan counties, Texas, in a deal worth more than $210 million.
Lease Sales
Marketed: Point Energy Partners Operating Ward County 24-Well Package
Point Energy Partners Operating LLC retained EnergyNet for the sale of an overriding royalty interest in a 24-well package plus seven DUCs located across the Wolfcamp and Bone Spring formations in Ward County, Texas.
Mergers
Marketed: GP Howard Updated Permian Basin Non-Operated Properties
GP Howard LLC has retained RedOaks Energy Advisors as the exclusive advisor in connection with the sale of non-operated working interest properties located in Howard County, Texas, including six new wells drilled and two new wells that began production.
Lease Sales
Marketed: Lake Crystal Energy Midland Basin Operated Properties
Lake Crystal Energy retained RedOaks Energy Advisors for the sale of certain Midland Basin operated properties.
Lease Sales
On the Market Oil and Gas Quicklist (Week of Nov. 16, 2022)
Here’s a quicklist of oil and gas assets on the market including a Recoil Resources Eagleville Field well package within the Eagle Ford Basin in Atascosa and Wilson counties, Texas.
Lease Sales
On the Market Oil and Gas Quicklist (Week of Nov. 9, 2022)
Here’s a quicklist of oil and gas assets on the market including a nonoperated position in the Bakken concentrated in Williams and Dunn counties, North Dakota, plus a Sabine Oil & Gas East Texas well package.
Lease Sales
On the Market Oil and Gas Quicklist (Week of Nov. 2, 2022)
Here’s a quicklist of oil and gas assets on the market including a Tap Rock Resources operated Permian Basin package in Reeves County in West Texas.
Lease Sales
Marketed: Tap Rock Resources Operated Permian Basin Package
Tap Rock Resources LLC retained EnergyNet for the sale of a Wolfcamp Shale opportunity in the Delaware Basin located in Reeves County, Texas, through a sealed-bid offering.
Lease Sales
On the Market Oil and Gas Quicklist (Week of Oct. 26, 2022)
Here’s a quicklist of oil and gas assets on the market including Arkoma Drilling’s portfolio of Haynesville assets in North Louisiana plus the Gungnir Resources prospect in the northern D-J Basin in Wyoming.