Here’s a quicklist of oil and gas assets on the market including “SOHOT” asset packages from Marathon Oil in Oklahoma plus a Merit Energy Powder River Basin waterflood asset.
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.
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.
The initiatives include a steep increase in the insurance that oil companies in Colorado are required to carry to cover abandoned wells and would widen the separation between new wells and public areas.