Texas/La Gulf Coast
Investment , Emissions , Technology
Problems Plagued US Carbon Capture Project Before Shutdown
The plant was designed to capture 33% of the carbon emissions from one of four units at the W.A. Parish coal plant, and pipe it 81 miles to the West Ranch oil field in Jackson County, Texas, where it would push more oil to the surface.
Highlights , Shale Plays
Best of This Week’s Drilling Activity Highlights (Aug. 7, 2020)
Five Eagle Ford completions by EOG Resources at its McMullen County, Texas, pad plus results from Calyx Energy horizontal Mississippian wells top this week’s drilling activity highlights from around the world.
Rig Counts , Unconventional
Chart: Gulf Coast Rig Count as of August 7, 2020
Arkansas, Louisiana, Mississippi and Texas RRC Dist. 1, 2, 3, 4., 5, 6, inland, offshore
Technology , Joint Ventures , Pipelines
WhiteWater Midstream to Provide Permian Basin NGL Transportation Solutions
WhiteWater Midstream, MPLX LP and West Texas Gas Inc. (WTG) have formed a joint venture (JV) on Aug. 6 to provide NGLs takeaway capacity from MPLX and WTG gas processing plants in the Permian Basin to the NGL fractionation hub in Sweeny, Texas.
Exploration & Production , Policy & Regulations
Texas Takes Steps to Reduce Flaring in Oil Sector
Changes would include reducing the amount of time an operator may get an administrative exception to flare natural gas.
Lease Sales
On the Market Oil and Gas Quicklist (Week of Aug. 5, 2020)
Here’s a quicklist of oil and gas assets on the market including the sale of operated positions in the Permian and Illinois basins by Tamarack Petroleum plus Chevron’s Carter Knox Field asset located in Oklahoma’s Grady and Stephens counties
Logistics
Castleton Resources Rapidly Upgrades Five Quorum Software Products
Growth-oriented upstream natural gas E&P company leverages Quorum’s rapid deployment methodology to move to current product versions on time and on budget.
Business , Exploration & Production , Natural Gas , Shale Plays , Trends
Haynesville 2020
Kicked out of the club in 2012, the Haynesville was resurrected beginning in 2017 to take on the mighty Marcellus in metrics, aided by a proximity-to-market kicker. Now, it’s taking on oil basins at the IRR weigh-in.
Public Capital , Exploration & Production , Shale Plays , Acquisitions & Divestitures
Range Resources Agrees to North Louisiana Asset Sale for $245 Million
Range Resources acquired its North Louisiana position in 2016 through an all-stock merger with Memorial Resource Development valued at about $4.4 billion, including debt.
Rig Counts , Unconventional , Shale Plays
Hart Energy Unconventional Activity Tracker (Week of Aug. 3, 2020)
U.S. rig count relatively stable during the past week; crude futures up.