U.S. oil production from seven major shale formations is expected to rise about 22,000 barrels per day next month, which would be the smallest monthly increase since shale output declined in February 2019.
Price Moncrief, a seasoned finance and corporate executive who previously worked for Concho Resources, will lead OWL’s strategic financial management as the company continues its expansion in the Permian Basin.
Foundation Energy Management retained Eagle River Energy Advisors for the sale of certain operating working interest assets and associated lands in the Uinta-Piceance Basin of Colorado and Utah.
Crestone Peak Resources revealed on Jan. 16 an innovative partnership for a large-scale test of real-time continuous air quality monitoring at its oil and natural gas production sites in Colorado.
Merit Energy retained Detring Energy Advisors to market for sale its 100% operated producing properties, leasehold and related assets located in Campbell and Crook counties, Wyo., with bids due Feb. 26.
Wade Hutchings’ appointment as COO is in conjunction with the retirement of Ray Daniels, who has had a decades-long career in energy including 12 years at Enerplus.
Here’s a quicklist of oil and gas assets on the market including Corterra Energy Arkoma Basin properties and Echo Investment Partners foreclosure process.
Here’s a snapshot of energy deals from the past week including Kimbell’s acquisition of NGP-backed Springbok plus the closing of Parsley’s multibillion-dollar merger with Jagged Peak.
PDC now adds SRC Energy’s core area of operations in the Greater Wattenberg Field of the D-J Basin to its portfolio, which includes positions in the D-J and Permian basins.