Texas/La Gulf Coast

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

Rig Counts , Unconventional

Chart: Gulf Coast Rig Count as of April 9, 2021

Arkansas, Louisiana, Mississippi and Texas RRC Dist. 1, 2, 3, 4., 5, 6, inland, offshore

April 9, 2021

Public Capital , Exploration & Production , Shale Plays

Laterals, Exports, Price Among Keys to Haynesville Shale Success

Goodrich Petroleum COO shares insight on its operations in the gassy Haynesville Shale as forecasts show natural gas prices and LNG exports rising.

April 8, 2021

Business , Exploration & Production , Natural Gas , Trade , Shale Plays , Midstream

Oil and Gas Investor Eagle Ford Natural Gas: Texas Gas to Mexico

While U.S. natural gas demand was mostly flat in 2020, Mexico’s grew. And it came from Texas. The outlook is that Mexico will be ordering more, including from the Eagle Ford’s underdeveloped gas fairway.

April 8, 2021

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of April 7, 2021

Here’s a snapshot of recent energy deals including two large Permian Basin deals including the surprise $6.4 billion acquisition of DoublePoint Energy by Pioneer Natural Resources.

April 7, 2021

Lease Sales

On the Market Oil and Gas Quicklist (Week of April 7, 2021)

Here’s a quicklist of oil and gas assets on the market including Starboard, Max Permian Northern Delaware Basin leasehold plus an Antrim Shale ORRI well package and a state lease sale in New Mexico’s Lea County.

April 7, 2021

Rig Counts , Unconventional

Hart Energy Unconventional Activity Tracker (Week of April 5, 2021)

The largest week-over-week increase was in the Gulf Coast, where eight new rigs were added, primarily in the Eagle Ford Shale, according to Enverus.

April 5, 2021