Texas/La Gulf Coast
Rig Counts , Unconventional
Chart: Gulf Coast Rig Count as of April 16, 2021
Arkansas, Louisiana, Mississippi and Texas RRC Dist. 1, 2, 3, 4., 5, 6, inland, offshore
Lease Sales
On the Market Oil and Gas Quicklist (Week of April 14, 2021)
Here’s a quicklist of oil and gas assets on the market including the sale of Chevron’s Eunice/Hobbs asset in the Permian Basin plus a rural D-J Basin JV opportunity and Legacy Reserves Permian ORRI portfolio.
Digital Oilfield , Midstream , Construction
NextDecade, Mitsubishi Ink Deal for Rio Grande LNG Carbon Capture Project
NextDecade Corp. and Mitsubishi Heavy Industries America Inc. have signed an engineering services agreement for the design, license, and performance guarantee of the KM CDR Process, a post-combustion carbon capture technology to be applied at NextDecade’s Rio Grande LNG project in the Port of Brownsville, Texas.
Public Capital , Exploration & Production , Emissions , Shale Plays , Technology
Chesapeake Launches ‘Responsibly Sourced’ Shale Gas Pilot with Project Canary
The initial agreement for the responsibly sourced natural gas partnership between Chesapeake and Project Canary includes select wellpads in northeast Pennsylvania and northwest Louisiana.
Exploration & Production , Shale Plays
US Shale Oil Output to Rise 13,000 Barrels per Day in May
The biggest increase is set to come from the Permian Basin, where oil output is expected to reach its highest since April 2020, the EIA said in a monthly forecast.
Rig Counts , Unconventional
Hart Energy Unconventional Activity Tracker (Week of April 5, 2021)
The largest change to the U.S. rig count in the last week was in the Anadarko Basin, where six rigs were added—all additions came from previously inactive companies firing up a rig.
Business , Shale Plays , Acquisitions & Divestitures , Trends , Mergers
Upstream M&A Tally Suggests Subtle Rebound in First-quarter
The recently announced agreement by Pioneer Natural Resources to acquire DoublePoint Energy, with multiple private equity sponsors, also adds further indications of a shift toward private upstream activity, analyst says.
Rig Counts
US Drillers Add Gas Rigs, Hold Oil Rigs Steady This Week
The combined oil and gas rig count rose two to 432 in the week to April 9, its highest since April 2020, Baker Hughes said in its weekly report.
Highlights , Shale Plays
Best of This Week’s Drilling Activity Highlights (April 9, 2021)
EOG Resources Austin Chalk wells, Diamondback and Centennial completions in the Permian’s Delaware Basin plus more drilling planned by Shell at its Blacktip prospect in the U.S. Gulf of Mexico top this week’s oil and gas drilling activity highlights from around the world.
Liquefied Natural Gas (LNG) , Pipelines
US LNG Exports Set to Fall to Six-Week Low on Corpus Christi Maintenance
Analysts said it was normal for LNG plants and gas pipelines supplying them to shut for maintenance in the spring when demand is low.