Permian
Unconventional , Shale Plays
US Shale Oil Output Forecast to Drop To 7.64 Million Barrels Per Day in October
Output at every formation is expected to fall in October, except the Permian Basin of Texas and New Mexico.
Digital Oilfield , Logistics
Shell Partners with Baker Hughes for Methane Detection in Permian Basin
SWEPI LP (Shell) reached an agreement with Avitas, a Baker Hughes venture, to expand the use of drones to enhance its existing methane leak detection and repair (LDAR) program in the Permian Basin in July 2020.
Company Profiles , Exploration & Production , Water Management , Midstream
Water Solutions: Going with the Flow
Water midstream companies are navigating the market downturn alongside E&Ps, eyeing possible opportunities ahead.
Unconventional , Shale Plays , Joint Ventures
Ecopetrol Aims to Drill 100 Wells in Permian Basin by End-2021
Colombian oil company Ecopetrol, which entered a joint venture in the Permian Basin with Occidental Petroleum in November 2019, said it plans to drill another 22 wells this year.
Lease Sales
Marketed: Parsley Energy Big Tex Asset, Pecos County, Texas
Parsley Energy retained EnergyNet Indigo for the sale of its Big Tex asset located within the Permian Basin in Pecos County, Texas, through a sealed-bid offering closing Oct. 15.
Highlights , Shale Plays
Best of This Week’s Drilling Activity Highlights (Sept. 11, 2020)
A Marcellus Shale discovery by Southwestern Energy in West Virginia’s Ohio County plus Occidental Petroleum completes Wolfcamp producers in the Purple Sage Field top this week’s drilling activity highlights from around the world.
Public Capital , Shale Plays , Acquisitions & Divestitures
Northern Oil & Gas Enters Permian Basin with Deal for EOG-operated Assets
After actively building data in the Permian Basin for two years, Northern CEO Nick O’Grady says he now sees a window of opportunity opening up for expansion of the company’s strategy outside of the Williston.
Unconventional , Shale Plays
Concho Resources Eyes Efficiency Gains in Permian Basin
Simultaneous fracs are among the methods being discussed by some U.S. shale players to drill and complete wells faster and more efficiently.
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.