Powder River Basin

Business , Private Equity , Exploration & Production , Shale Plays , Acquisitions & Divestitures , Trends

Private Reserves: An Outlook from Private Oil Producers

Zero- and lightly levered private operators throughout U.S. oil basins are on the lookout to buy—and not just where they operate currently. These five producers—in Wyoming, Oklahoma, Colorado and South Texas—share their plans.

July 6, 2020

Highlights , Shale Plays

Best of This Week’s Drilling Activity Highlights (July 2, 2020)

Powder River Basin Niobrara Shale well completed by EOG Resources in Wyoming’s Converse County plus LLOG Exploration’s results from a U.S. Gulf of Mexico discovery top this week’s drilling activity highlights from around the world.

July 2, 2020

Restructurings , Public Capital , Shale Plays

US Shale Pioneer Chesapeake Energy Files for Chapter 11 Bankruptcy

“We are fundamentally resetting Chesapeake’s capital structure and business to address our legacy financial weaknesses and capitalize on our substantial operational strengths,” CEO Doug Lawler said in a statement.

June 28, 2020

Public Capital , Unconventional , Shale Plays

Devon Energy Curtails 10,000 Barrels of Daily Oil Production

Devon Energy also plans to run two hydraulic fracturing crews in the second half of the year, and expects to exit 2020 with a backlog of 100 drilled-but-uncompleted wells.

June 16, 2020

Policy & Regulations , Shale Plays

Colorado Group Drops Plans for Anti-fracking Ballot Measure

The group's decision comes as the U.S. oil industry is scaling back drilling due to record inventories, falling demand and low oil prices amid the pandemic.

June 11, 2020

Restructurings , Public Capital , Unconventional , Shale Plays

Chesapeake Energy: Rise and Fall of a US Shale Star

Chesapeake Energy, once worth $35 billion, is flirting with bankruptcy in face of the coronavirus-driven crash.

June 4, 2020

Public Capital , Shale Plays , Technology

Basic Energy Services Consolidates US Lower 48 Operations

Similar to its peers in the service sector, Basic Energy Services has made moves over the past several months to protect its balance sheet as oil and gas operators slam on the brakes on activity.

May 27, 2020

Lease Sales

On the Market Oil and Gas Quicklist (Week of May 27, 2020)

Here’s a quicklist of oil and gas assets on the market including a Permian Basin package of Wolfcamp Shale assets located in Reeves County, Texas, being sold by Victerra Energy.

May 27, 2020

Lease Sales

On the Market Oil and Gas Quicklist (Week of May 20, 2020)

Here’s a quicklist of oil and gas assets on the market including a package of royalty interests located in Northern Oklahoma and Southern Kansas as part of a planned dissolution of the SandRidge Mississippian Trust II.

May 20, 2020

Highlights , Shale Plays

Best of This Week’s Drilling Activity Highlights (May 15, 2020)

The third-strongest well drilled to date in the Haynesville Shale completed by Comstock Resources and a Bone Spring discovery by Occidental Petroleum top this week’s drilling activity highlights from around the world.

May 15, 2020