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

April 16, 2021

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.

April 14, 2021

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.

April 14, 2021

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.

April 13, 2021

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.

April 12, 2021

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.

April 12, 2021

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.

April 9, 2021

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.

April 9, 2021

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.

April 9, 2021

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.

April 9, 2021