Four Eagle Ford Shale wells completed by EOG Resources from a single pad in Gonzales County, Texas, plus an oil discovery offshore Mexico by Eni top this week’s drilling activity highlights from around the world.
The midstream sector may prove to be the energy industry’s best story in this black swan event as the global oil and gas business scrambles to respond to 2020’s unexpected shocks.
Goodrich Petroleum President and COO Rob Turnham discusses the strategy behind the Houston-based company’s 100% natural gas-weighted position and how the Haynesville Shale’s location helps make that successful.
Here’s a snapshot of recent energy deals including the closing of the sale of ConocoPhillips’ Northern Australia business for nearly $1.4 billion.
Here’s a quicklist of oil and gas assets on the market including a nonop position in EnerVest’s Nora Field natural gas assets in Virginia and West Virginia plus pipeline interest in Oklahoma gathering systems.
The March market meltdown may have unnerved some oil and gas investors, but plenty of midstream projects either opened or moved forward.
The largest monthly decline occurred in the Williston Basin, where 50% of rigs were released, according to Enverus Rig Analytics for May.