Rockies
Highlights , Shale Plays
Best of This Week’s Drilling Activity Highlights (June 11, 2021)
New Permian Basin-Wolfcamp Shale, Marcellus and Haynesville discoveries plus Niobrara completions at a Weld County drillpad in Colorado by soon-to-be-acquired Extraction Oil & Gas top this week’s oil and gas drilling activity highlights from around the world.
Rig Counts , Unconventional
Chart: Western Rig Count as of June 11, 2021
California, Colorado, Idaho, Montana, Nebraska, Nevada, New Mexico, North Dakota, Utah and Wyoming
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of June 9, 2021
Here’s a snapshot of recent energy deals including Southwestern Energy’s acquisition of Indigo Natural Resources and the sale of Crestone Peak Energy in an all-stock transaction.
Lease Sales
On the Market Oil and Gas Quicklist (Week of June 9, 2021)
Here’s a quicklist of oil and gas assets on the market including Peregrine Petroleum properties in the Williston Basin plus diversified mineral and royalty portfolio across several basins including the Permian Basin.
Trends , Mergers
Op-ed: Upstream Consolidations Gaining Steam?
Has the long-expected wave of upstream consolidations finally arrived? The recent series of merger transactions announced by Bonanza Creek Energy in the D-J Basin may reveal the answer.
Lease Sales
Marketed: Wattenberg ORRI Package in Weld County, Colorado
LandGate has been exclusively retained to market for sale a large overriding royalty interest package comprising 152 horizontal Niobrara and Codell wells in the heart of the Wattenberg Field.
Rig Counts , Unconventional , Shale Plays
Hart Energy Unconventional Activity Tracker (Week of June 7, 2021)
The largest increases by basin occurred in the Permian Basin, where eight rigs were added. Meanwhile, the Williston Basin added five rigs and reached a 2021 high of 19.
Public Capital , Shale Plays , Acquisitions & Divestitures , Mergers
Bonanza Creek Continues D-J Basin Consolidation with Crestone Peak Deal
The acquisition of Crestone Peak—Bonanza Creek Energy’s third so far this year—represents the company’s strategy to position itself as the modern-day E&P business model, says CEO Eric Greager.
Exploration & Production , Shale Plays
Best of This Week’s Drilling Activity Highlights (June 4, 2021)
EOG completes four Bone Spring wells in Lea County, new offshore Suriname discovery, results from five directional Garfield County, Colo., wells and Utica Shale completion produces 39.04 MMcf of gas per day top this week's oil and gas drilling activity highlights from around the world.
Rig Counts , Unconventional , Shale Plays
Hart Energy Unconventional Activity Tracker (Week of May 31, 2021)
U.S. rig count fell slightly for the second week in a row, leading to the conclusion that last week’s sudden drop was more than a blip caused by rig downtime — some rigs moving between wells.