S.P. “Chip” Johnson IV Johnson, former president, CEO and co-founder of Carrizo Oil and Gas, joined the board in December 2019 upon the completion of Callon Petroleum’s merger with Carrizo.
Work will begin January 2022 and is expected to be completed in nine months.
Bankers hired by Aethon Energy reached out in the final weeks of 2021 to a small number of potential buyers to gauge initial interest in its Haynesville assets in North Louisiana, sources say.
The run-up in oil price is an important test for the U.S. shale sector, and so far, it’s passing with flying colors. But what are the macro trends shaping the near-term trajectory of U.S. tight oil?
Already an operator in East Texas for several years, Milestone said the acquisition of the Shelby County facility repositions the company in the core of the Haynesville Shale.
Here’s a snapshot of recent energy deals including back-to-back deals by Lime Rock Resources in the Williston Basin and Eagle Ford Shale totaling $358.5 million plus a slew of transactions completed by the end of the year.
Here’s a quicklist of oil and gas assets on the market including Permian Basin producing mineral interest in Howard County, Texas, plus an operated well package located across West Texas.
Lime Rock Resources brought its total property acquisitions in the last four months to over $850 million with back-to-back deals for Abraxas’ Williston position and Eagle Ford properties from a private seller.
The U.S. rig count is down 0.7% in the last month, but up 75% year-over-year, according to Enverus Rig Analytics.
The project would include the capture and storage of more than 5 million metric tons per year of carbon dioxide.