Texas/La Gulf Coast

Lease Sales

Marketed: Noble Energy Producing Property Package, Various Texas Counties

Noble Energy retained EnergyNet for the sale of a package of producing assets located in various Texas counties through an auction closing April 30.

March 27, 2020

Rig Counts , Unconventional

Chart: Gulf Coast Rig Count As Of March 27, 2020

Arkansas, Louisiana, Mississippi and Texas RRC Dist. 1, 2, 3, 4., 5, 6, inland, offshore

March 27, 2020

People , Exploration & Production

Murphy Oil CEO Takes Medical Leave over Coronavirus Concerns

In the interim, David Looney, Murphy Oil’s executive vice president and CFO, will temporarily assume  RogerJenkin’s responsibilities as president and CEO.

March 26, 2020

Acquisitions & Divestitures , Trends

Energy A&D Transactions from the Week of March 25, 2020

Editor’s note: there were no updates from the previous week’s A&D transactions chart that ran March 18.

March 25, 2020

Lease Sales

On the Market Oil and Gas Quicklist (Week of March 25, 2020)

Here’s a quicklist of oil and gas assets on the market including interest in an Extraction Oil & Gas-operated well in Colorado’s Larimer County plus a minerals position in the core of the Eagle Ford Shale.

March 25, 2020

Public Capital , Unconventional , Shale Plays , Acquisitions & Divestitures

US Shale Executive Warns Global Oil Glut Will Not Clear Soon

Most of EOG Resources's activity this year will be in the Eagle Ford Shale and the Permian's Delaware Basin, a company executive said, adding it could reduce some plans if necessary.

March 25, 2020

Lease Sales

Marketed: Producing Minerals in Chesapeake-operated Eagle Ford Shale Wells

Caddo Minerals retained EnergyNet for the sale of producing Eagle Ford Shale minerals in Dimmit County, Texas, operated by an affiliate of Chesapeake Energy through two sealed-bid offerings.

March 24, 2020

Umbilical

Aker Solutions Wins 20-Year Umbilicals Deal with Chevron

Aker Solutions has entered a master agreement on March 23 to provide umbilicals for Chevron-operated oil and gas fields in the U.S. Gulf of Mexico.

March 23, 2020

Exploration & Production , Crude Oil , Trade , Shale Plays

Texas Shale Producers Ask State To Limit Oil Production

The Texas oil and gas regulator, the Texas Railroad Commission, imposed production limits on producers in the 1930s to try to prop up prices and later was a model for the creation of OPEC.

March 20, 2020

Lease Sales

Marketed: Core Eagle Ford Producing Mineral Position

LandGate is representing a mineral owner in the sale of a core Eagle Ford producing mineral position in Karnes and DeWitt counties, Texas.

March 19, 2020