Permian

Lease Sales

On the Market Oil and Gas Quicklist (Week of April 21, 2021)

Here’s a quicklist of oil and gas assets on the market including EOG Resources Reeves County nonop working interest in the Permian Basin plus Unit Petroleum Oklahoma waterflood properties in Oklahoma County and Cross Plains Energy Partners Delaware Basin properties.

April 21, 2021

Shale Plays , Digital Oilfield

Endeavor Energy Resources Modernizes Operations with Datadobi

DobiMigrate enables move of all operations and production workflows, as well as corporate file storage, to new colocation facility.

April 21, 2021

Public Capital , Emissions , Shale Plays , Pipelines

BP Reportedly Plans to End Flaring in Permian Basin by 2025

The plan to end flaring in the Permian Basin by 2025, believed to be announced by BP on April 26, includes spending about $1.3 billion to build a network of pipelines and other infrastructures.

April 21, 2021

Shale Plays , Construction

Midstream Business Construction Projects: Permian Pipeliners Push Forward

From the effects of Keystone XL and President Joe Biden’s executive orders to updates on Permian Basin infrastructure, here’s a roundup of midstream construction projects across North America for November 2020 to March 2021.

April 20, 2021

Lease Sales

Marketed: EOG Resources Reeves County Nonop Working Interest

HEXP Resources retained RedOaks Energy Advisors for the sale of certain nonoperated working interest properties in the Delaware Basin in Reeves County, Texas, operated by EOG Resources.

April 20, 2021

Rig Counts , Unconventional

Hart Energy Unconventional Activity Tracker (Week of April 19, 2021)

The U.S. rig count rose by one in the last week to 509 as of April 14, according to Enverus Rig Analytics. The count is up 5% in the last month but down 7% year-over-year.

April 19, 2021

Private Equity , Exploration & Production , Shale Plays , Joint Ventures

Vortus Forms Permian Basin JV Initially Focused in New Mexico’s Eddy County

Stateline Operating, a newly formed JV between Vortus Investment Advisors and Flat Creek Resources, will initially focus on the development of existing oil-rich assets in New Mexico’s Eddy County in the Delaware Basin.

April 19, 2021

Legislation

Energy Policy Watch: IPAA’s Dan Naatz Breaks Down Biden’s Energy Policy and Oil and Gas

There’s no way to spin it, these are scary and challenging times for oil and gas executives as the Biden administration turns energy policy 180 degrees and focuses nearly everything through the lens of climate change, while industry opponents gear up to seize their opportunities over the next four years. Here’s an in-depth look at energy policy and oil and gas in 2021.

April 19, 2021

Lease Sales

Marketed: Cross Plains Energy Partners Nonoperated Delaware Basin Properties

CPEP Management, an affiliate of Cross Plains Energy Partners, retained TenOaks Energy Advisors in connection with the potential sale of certain cash-generating wellbore-only properties located in the Delaware Basin.

April 16, 2021

Business , Acquisitions & Divestitures , Midstream

Golden Gate Capital Launches Infrastructure Platform, Buys Waterfield Midstream Assets

Stonehill Environmental Partners to provide water pipeline disposal and recycling infrastructure solutions.

April 16, 2021