The largest week-over-week increase to the U.S. rig count by major play occurred in the Permian Basin, where five rigs were added.
Here’s a snapshot of recent energy deals including the $1.8 billion sale of Oasis Petroleum’s midstream affiliate and the closing of Chesapeake’s Vine Energy acquisition.
Here’s a quicklist of oil and gas assets on the market including an “underexploited” asset within Chevron’s Permian Basin portfolio plus Ensight’s operated conventional North Louisiana gas asset.
Bonanza Creek Energy laid out plans to form Civitas Resources earlier this year through the consolidation of fellow D-J Basin operators, first the all-stock merger with Extraction Oil & Gas and later Crestone Peak.
Several of the major plays are at or near 2019 levels for this time of year, with the Anadarko Basin running only four fewer rigs than in October 2019.
"We are thrilled with the initial production rate of these wells," Jay Paul McWilliams, CEO of LOGOS, said.
Affiliates of Blackriver LLC retained Eagle River Energy Advisors LLC for the sale of certain mineral interest assets and associated development rights in the D-J, Appalachian, Powder River and Anadarko basins.
Chesapeake Energy and Nabors said they are teaming up to innovate and accelerate the deployment of technology to drive the next wave of operational safety, efficiency and environmental performance gains.
Here’s a quicklist of oil and gas assets on the market including Viceroy Petroleum Eagle Ford Shale package in Karnes County, Texas, plus certain operated Eagle Ford properties for sale by Cinco Oil & Gas.