Texas/La Gulf Coast
Lease Sales
Marketed: Vitruvian Exploration Eagle Ford Shale Opportunity
An affiliate of Vitruvian Exploration retained EnergyNet for the sale of an Eagle Ford Shale opportunity in Salle and McMullen counties, Texas, through a sealed-bid offering closing Dec. 4.
Unconventional , Shale Plays
EIA: US Shale Oil Output To Hit Record 9.1 Million Barrels Per Day In December
Output at the largest formation, the Permian Basin of Texas and New Mexico, is expected to rise 57,000 bbl/d to 4.73 MMbbl/d.
People , Investment , Company Profiles , Acquisitions & Divestitures , Trends
Executive Q&A: Brotherhood Of Minerals
Sanjit and Shan Bhattacharya built a nimble and flexible mineral buying company that competes on the ground with much bigger companies. And wins.
Public Capital , Shale Plays , Mergers
Callon Wins Over Carrizo Merger’s Biggest Opponent
Paulson & Co. relented that it no longer opposes the merger of Houston-based independents Callon Petroleum and Carrizo Oil & Gas, though the hedge fund also cut its investment in Callon.
Investment , Exploration & Production , Liquefied Natural Gas (LNG) , Shale Plays , Acquisitions & Divestitures , Trends
Cowboys Owner Jerry Jones Has Long-term Game Plan For Haynesville Gas
Dallas Cowboys' owner Jerry Jones' Comstock Resources is picking up cheap assets, betting on the Haynesville's proximity to the growing U.S. Gulf Coast export hub.
Lease Sales
Marketed: Austin Chalk HBP Leasehold, Frio County, Texas
First Rock Inc. retained Oil & Gas Asset Clearinghouse for the sale of Frio County, Texas assets. The offer includes HBP mineral leasehold and interest in an Austin Chalk well.
Rig Counts , Unconventional
Chart: Gulf Coast Rig Count As Of November 15, 2019
Arkansas, Louisiana, Mississippi and Texas RRC Dist. 1, 2, 3, 4., 5, 6, inland, offshore
Public Capital , Shale Plays , Mergers
Callon Petroleum Lowers Its Asking Price For Carrizo Oil & Gas
Callon Petroleum agreed to a lower premium in its acquisition of Carrizo Oil & Gas as part of amended deal terms.
Trends
A&D Transactions From The Week Of Nov. 13, 2019
Here’s a snapshot of energy deals from the past week including Equinor’s sale in the Eagle Ford to Repsol plus nearly $300 million worth of shale acquisitions by Marathon Oil.
Lease Sales
On The Market Quicklist (Week Of Nov. 13, 2019)
Here’s a quicklist of oil and gas assets on the market including a Permian Basin nonop package plus assets from QEP and Salt Creek Oil and Gas.