D–J Basin
Highlights , Shale Plays
Best of This Week’s Drilling Activity Highlights (Sept. 3, 2020)
A Wolfcamp Shale discovery by EOG Resources plus Ovintiv announces results from horizontal Woodford wells from two pads in Oklahoma’s McClain County top this week’s drilling activity highlights from around the world.
Water Management , Gathering & Processing
NGL Energy Partners Expands Produced Water Acreage Dedication in Permian
NGL Energy Partners LP on Aug. 31 said that the partnership signed a long-term extension and expansion of an acreage dedication with an existing customer.
Health, Safety & Environment , Emissions , Shale Plays , Completions
E&P Tech: Leading the Way in Green Completions
The Sand Commander is the only sand extraction and water filtration system that provides an ESG solution for the sand, gas, oil and water components of a well completion.
Public Capital , Shale Plays , Acquisitions & Divestitures
Occidental Petroleum Agrees to $1.33 Billion Sale of Rockies Assets
The sale, which doesn’t include Occidental Petroleum’s core oil and gas assets in the Rockies, significantly advances the progress of the $2 billion-plus divestiture target the company set for 2020, CEO Vicki Hollub says.
Restructurings , Public Capital , People , Shale Plays
Whiting Petroleum CEO Brad Holly to Resign Following Bankruptcy
Industry veteran and former SRC Energy CEO Lynn Peterson is expected to be appointed as Whiting Petroleum’s next CEO, effective as of the completion of the company’s restructuring.
Restructurings , Exploration & Production
Private Oil Producer Remora Petroleum Files for Chapter 11 Bankruptcy
Remora Petroleum, an Austin, Texas-based private E&P company focused on mature, long-lived producing properties, listed approximately $85 million in debt.
Acquisitions & Divestitures , Trends
Energy A&D Transactions from the Week of July 29, 2020
Here’s a snapshot of recent energy deals including a multimillion-dollar acquisition by ConocoPhillips in Canada’s Montney Shale plus CNX Resources’ buyout of its midstream affiliate.
Acquisitions & Divestitures , Trends
Energy A&D Transactions from the Week of July 22, 2020
Here’s a snapshot of recent energy deals including Chevron’s $13 billion acquisition of Houston-based independent Noble Energy, marking the largest oil deal since the price crash earlier this year.
Public Capital , Exploration & Production , Natural Gas , Health, Safety & Environment , Shale Plays , Trends , Mergers
Four Takeaways from the Chevron-Noble Energy Deal
Chevron CEO Mike Wirth provides four takeaways from the supermajor’s offer to buy Noble Energy in a deal worth $13 billion, including debt.
Public Capital , Exploration & Production , Shale Plays , Acquisitions & Divestitures , Mergers
Chevron Agrees to $5 Billion Buyout of Noble Energy in All-stock Deal
Shareholders of Houston-based independent E&P company Noble Energy will receive 0.1191 shares of Chevron for each Noble Energy share and are expected to own approximately 3% of the combined company.