Texas/La Gulf Coast
Highlights
Best Of This Week’s Drilling Activity Highlights (Aug. 23, 2019)
A Powder River Basin discovery by Chesapeake, LLOG files Gulf of Mexico plan and a triple-lateral horizontal completion in South Texas top this week’s drilling activity highlights from around the world.
Trends
A&D Transactions From The Week Of Aug. 21, 2019
Here’s a snapshot of energy deals from the past week including a Permian Basin acquisition by Vermilion Cliffs plus the closing of the roughly $422 million merger of rivals TGS and Spectrum.
Lease Sales
On The Market Quicklist (Week Of Aug. 21, 2019)
Here’s a quicklist of oil and gas assets on the market including a roughly 24,000 net-acre contiguous, operated position in the Olmos trend of South Texas and Wolfcamp nonop assets in the Permian.
Investment , Construction , Pipelines
Venture Global Announces Financial Close For Calcasieu Pass LNG
The lender group for Venture Global's $5.8 billion construction financing includes the world's leading Asian, European and North American project finance banks, the company said.
Field Development , Drilling
Measuring The Impact Of Well Spacing With Novel Geospatial Technique
A key factor in the economic development of unconventional resources is determining optimal well spacing. As development of unconventional play progresses, wells naturally become spaced closer together.
Public Capital , Exploration & Production , Shale Plays , Acquisitions & Divestitures
Earthstone Energy CEO Actively Looking To Be Permian Consolidator
Earthstone Energy CEO Frank Lodzinski urged attendees of a recent industry luncheon in downtown Houston to “bring us deals” as the company looks to continue its growth story.
Drilling
Weatherford’s Well Construction President Talks New Sidetrack System
The AlphaST single-trip, open-hole cementing and sidetrack system is a true one-trip system.
Natural Gas , Gathering & Processing , Pipelines
Elevate Midstream Enters Gas Gathering Agreement With Sabine
The agreement between Elevate Midstream and Sabine Oil and Gas increases gas gathering and processing capabilities in the Carthage area within the Haynesville Shale.
Exploration & Production , Liquefied Natural Gas (LNG) , Pipelines
Shale Gas Producers Help Fuel US LNG Exports Rise To Top
Together, the Appalachia and Permian basins are expected to supply about 53% of the North American gas market by 2030, according to McKinsey and Co.
Highlights
Best Of This Week’s Drilling Activity Highlights (Aug. 16, 2019)
A Wolfcamp shale discovery in the Permian by Occidental, Chesapeake high-volume Haynesville completions and a California oil discovery top this week’s drilling activity highlights from around the world.