Permian
Lease Sales
Marketed: Permian Basin Package, Reeves County, Texas
American Standard Energy retained EnergyNet for the sale of a package of Permian Basin assets in Reeves County, Texas, through a sealed-bid offering closing Dec. 5.
Public Capital , Exploration & Production , Shale Plays , Acquisitions & Divestitures
Laredo Petroleum Targets Oil Growth In $130 Million Permian Purchase
Jason Pigott, who took over as Laredo CEO last month, said the purchase of acreage in Howard County, Texas, is the company’s next strategic step in creating additional value for its stakeholders.
Executive Oil Conference , Water Management , Midstream
Firms Work Together To Handle Permian Basin’s Abundant Water
Producers and water midstream operators must cooperate closely to get the job done, says executives at the Executive Oil Conference Water Forum.
Trends
A&D Transactions From The Week Of Nov. 13, 2019
Here’s a snapshot of energy deals from the past week including Equinor’s sale in the Eagle Ford to Repsol plus nearly $300 million worth of shale acquisitions by Marathon Oil.
Lease Sales
On The Market Quicklist (Week Of Nov. 13, 2019)
Here’s a quicklist of oil and gas assets on the market including a Permian Basin nonop package plus assets from QEP and Salt Creek Oil and Gas.
Lease Sales
Marketed: Permian Basin HBP Leasehold, Lea County, New Mexico
FieldPoint Petroleum Corp. retained Oil & Gas Asset Clearinghouse LLC for the sale of Permian Basin HBP leasehold in Lea County, N.M., in an offering closing Dec. 5.
People , Company Profiles , Midstream
Forty Under 40: Stephen Callender, Cogent Midstream
Today’s featured Forty Under 40 honoree is Stephen Callender, who is helping Cogent Midstream as its vice president of finance to grow in the Southern Midland Basin while driving value for investors.
Business , Unconventional , Shale Plays
XTO Energy: Room To Run In US Unconventionals
At the Executive Oil Conference, XTO Energy’s president, Staale Gjervik, touted efficiency and scale as key drivers in ambitious Permian Basin plans.
Highlights
Best Of This Week’s Drilling Activity Highlights (Nov. 8, 2019)
Wolfcamp wells and a U.S. Gulf of Mexico development test by Shell plus four Eagle Ford producers top this week’s drilling activity highlights from around the world.
Renewables , Shale Plays , Drilling
The Permian Paradox: Texas Shale Players Go Green To Drill More
As the thirst for electricity to power drilling rigs in West Texas drives the state’s energy needs to new highs, oil and gas companies are increasingly relying on wind and solar power to ensure that the shale boom continues.