Energy Advisors Group is assisting a mineral and royalty holding company seeking acquisitions of any size in the major U.S. basins especially in plays such as the Permian Basin, Haynesville and Utica/Marcellus.
U.S. oil production from seven major shale formations is expected to rise about 22,000 barrels per day next month, which would be the smallest monthly increase since shale output declined in February 2019.
Energy Advisors Group was retained by Welder Reserve Fund I LP to market certain South Texas operated producing properties in Live Oak County.
Chad Stephens had previously been appointed interim CEO of Panhandle Oil and Gas as part of a leadership transition tied to a shift in strategy by the company to increase its focus on the mineral acquisition market.
Continental Resources’ Middle Bakken discovery, extended-lateral Haynesville Shale producers and a Wolfcamp well tested by EOG top this week’s drilling activity highlights from around the world.
Arkansas, Louisiana, Mississippi and Texas RRC Dist. 1, 2, 3, 4., 5, 6, inland, offshore
Here’s a quicklist of oil and gas assets on the market including Corterra Energy Arkoma Basin properties and Echo Investment Partners foreclosure process.
Here’s a snapshot of energy deals from the past week including Kimbell’s acquisition of NGP-backed Springbok plus the closing of Parsley’s multibillion-dollar merger with Jagged Peak.
U.S. oil output growth is expected to slow over the next five years, likely prompting oil majors to "gobble up" smaller shale oil producers, Mark Papa told Reuters.
For two years in a row since 2018, Texas RRC staff has taken two days on average to process standard drilling permits, one day below the legislative requirement, a release from the state agency said.