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.
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.
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.
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.
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.
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.
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.
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.
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.
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.