Rockies
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of Feb. 10, 2021
Here’s a snapshot of recent energy deals including Northern Oil and Gas’ expansion into the Marcellus Shale with a $250 million acquisition from India’s Reliance plus Japanese trading house Sumitomo’s U.S. shale exit.
Lease Sales
On the Market Oil and Gas Quicklist (Week of Feb. 10, 2021)
Here’s a quicklist of oil and gas assets on the market including a Blackbeard Operating Permian Basin divestiture comprised of certain Central Basin Platform properties plus Overland Oil & Gas D-J Basin, Bakken Shale well packages.
Restructurings , Public Capital , Exploration & Production , Emissions , Shale Plays
Chesapeake Energy Emerges from Bankruptcy Following ‘Business Reset’
Alongside its emergence from bankruptcy, Chesapeake Energy also unveiled a commitment to achieve net-zero greenhouse gas direct emissions by 2035 among other environmental targets.
Rig Counts , Unconventional , Shale Plays
Hart Energy Unconventional Activity Tracker (Week of Feb. 8, 2021)
The U.S. rig count advances for a sixth consecutive week with the largest week-over-week increases in the Permian and Williston basins.
Lease Sales
Marketed: Overland Oil & Gas D-J Basin, Bakken Shale Well Packages
Overland Oil & Gas retained EnergyNet to handle the sale of well packages in the Denver-Julesburg (D-J) and Williston basins.
Public Capital , Shale Plays , Acquisitions & Divestitures , Midstream
Chevron Offers to Acquire Noble Midstream in Equity Exchange
Chevron’s proposed offer to buy any remaining Noble Midstream interests not already owned by Chevron and its affiliates values the pipeline operator at about $1.13 billion.
Shale Plays , Digital Oilfield , Completions , Enhanced Oil Recovery , Well Stimulation
STEP Energy, UCS to Deliver Post-Production Stimulation Services in Permian, Bakken, DJ Basin
STEP Energy Services Ltd. and Universal Chemical Solutions Inc. (UCS) have entered into an agreement on Feb. 4 that will facilitate the delivery of post-production stimulation services to energy producers working in the Eagle Ford Shale, Permian Basin, Niobrara-DJ Basin and Bakken Formation.
Business , Exploration & Production , Policy & Regulations , Shale Plays , Acquisitions & Divestitures
PATH FORWARD: Exclusive Look at Samson Resources II Sale with CEO Joe Mills
Bankruptcy, a global pandemic and a successful sale—Samson Resources II CEO Joe Mills has been through it all over the years. Hear this industry veteran discuss his optimistic mindset plus how he thinks the oil and gas business will need to adapt to face the future.
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of Feb. 3, 2021
Here’s a snapshot of recent energy deals including a $420 million acquisition in the Midland Basin by Surge Energy plus Tailwater Capital’s acquisition of Tall Oak II, III from EnCap Flatrock Midstream.
Lease Sales
On the Market Oil and Gas Quicklist (Week of Feb. 3, 2021)
Here’s a quicklist of oil and gas assets on the market including certain East Texas properties from Sabine Oil & Gas plus a U.S. Gulf of Mexico well package offshore Louisiana operated by BHP.