Big production increases are also expected in other major plays, including Eagle Ford, Bakken, Appalachia and Haynesville, the agency said.
On Aug. 11, a Shell-operated pipeline leaked approximately 2 bbl of oil into the U.S. Gulf of Mexico.
Despite Freeport LNG's liquefaction plant closing in June due to a fire, the company reported pulling in small amounts of natural gas to fuel a power plant.
"Today’s announcement is just the first step of our integration into a stronger, more robust and ESG-focused service provider,” Courtney Brackin said of the company created from the merger between OMNI Environmental Solutions and Purity Oilfield Services.
Chesapeake ready to wrap return to its roots as a key U.S. natural gas-weighted E&P through a series of key acquisitions in late 2021 and early 2022, CEO Nick Dell'Osso shared in a second-quarter conference call.
Here’s a snapshot of recent energy deals including Devon Energy’s $1.8 billion cash acquisition of Eagle Ford Shale operator Validus Energy and a $555 million Permian Basin deal by Apache.
Here’s a quicklist of oil and gas assets on the market including a Stout Energy operated sale package in the Permian Basin in Winkler and Andrews counties, Texas, plus core Haynesville overriding royalty interest.
Devon Energy’s acquisition of Eagle Ford operator Validus Energy is the firm’s second acquisition since June.
A private seller retained Detring Energy Advisors to market for sale its overriding royalty interests (ORRI) located in the core of the Haynesville in Caddo Parish, Louisiana, operated by Paloma Natural Gas (PNG).
The U.S. Coast Guard reported that less than 14,000 gallons of crude oil spilled from an oil tank platform failure in Louisiana.