Permian

Lease Sales

Marketed: Endeavor Energy Resources Permian Basin Package

Endeavor Energy Resources retained EnergyNet for the sale of a Permian Basin package comprising operations in 20 wells in Schleicher County, Texas.

August 2, 2021

Unconventional , Top IP Wells

Updated: Top 12 IP Wells in the Permian Basin

June 2021: Brinninstool West Field-Wolfcamp Well: 5,453 bbl of Oil, 9.779 MMcf of Gas per Day

August 1, 2021

Water Management , System Integrity

Recycling Produced Water in Completed Development Areas

An operator increases produced water recycling and reduces produced water injection via water midstream infrastructure in Midland County.

July 30, 2021

Rig Counts

US Oil, Gas Rig Count Falls for First Week in Eight

Despite this week’s decline, the total rig count was up 237, or 94%, over this time last year, according to Baker Hughes data going back to 1940.

July 30, 2021

Highlights , Shale Plays

Best of This Week’s Drilling Activity Highlights (July 30, 2021)

A new Walker Ridge discovery in the U.S. Gulf by Chevron plus two more Wolfcamp Shale producers from CrownQuest’s Avogadro prospect in the Permian Basin top this week’s oil and gas drilling activity highlights from around the world.

July 30, 2021

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of July 28, 2021

Here’s a snapshot of recent energy deals including the acquisition of a “unique opportunity” in the Permian Basin by Lime Rock Resources in a $508.3 million deal plus Whiting Petroleum’s exit from the D-J Basin.

July 28, 2021

Lease Sales

On the Market Oil and Gas Quicklist (Week of July 28, 2021)

Here’s a quicklist of oil and gas assets on the market including a Rockcliff Energy package of long-lived conventional production in East Texas plus the sale of an undivided 50% in BHCH Mineral’s legacy mineral and royalty portfolio.

July 28, 2021

Public Capital , People , Shale Plays , Pressure Pumping

ProPetro Promotes Sam Sledge to CEO in Leadership Transition

As Sam Sledge takes the helm as CEO at Midland, Texas-based ProPetro, he replaces Phillip Gobe, who had headed the company since the exit of its co-founder last year.

July 28, 2021

Lease Sales

Marketed: BHCH Mineral Legacy Mineral, Royalty Portfolio

BHCH Mineral Ltd. retained TenOaks Energy Advisors for the sale of an undivided 50% of its legacy mineral and royalty portfolio located across numerous basins in the continental U.S. broken up into four sub-packages.

July 27, 2021

Public Capital , Private Equity , Investment , DUG Permian , DUG Eagle Ford , Midstream Texas , Mergers , Midstream , Gathering & Processing

Experts: Midstream M&A Primed to Take Off

DUG Permian panelists acknowledge the challenges posed by ESG and climate concerns in the post-COVID finance environment, but expect cheap debt and higher valuations to push midstream deals forward.

July 27, 2021