Texas/La Gulf Coast
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of Feb. 24, 2021
Here’s a snapshot of recent energy deals including a series of transactions in the Duvernay Shale as both Shell and Ovintiv exit the play plus Continental Resources reveals itself as the buyer of Samson Resources’ Powder River Basin position.
Lease Sales
On the Market Oil and Gas Quicklist (Week of Feb. 24, 2021)
Here’s a quicklist of oil and gas assets on the market including certain Ageron Energy properties located in the dry gas window of the Eagle Ford Shale in South Texas plus a Caney and Woodford Shale opportunity from Falcon E&P Royalty Holdings.
Lease Sales
Marketed: New Century Operating Eagle Ford / Austin Chalk Opportunity
New Century Operating LLC retained EnergyNet for the sale of an Eagle Ford / Austin Chalk opportunity. The offering includes certain oil and gas properties and related assets located in Burleson and Lee counties, Texas.
Earnings , Liquefied Natural Gas (LNG) , Health, Safety & Environment , Emissions , Midstream
Cheniere to Provide LNG Cargo Emissions Data in Environmental Push
Cheniere Energy’s move to start providing greenhouse gas emissions data associated with each LNG cargo produced is a “critical first step for the industry” to improve its environmental performance, says CEO Jack Fusco.
Lease Sales
Marketed: Ageron Energy Operated Eagle Ford Acquisition Opportunity in Dry Gas Window
Ageron Energy, Grey Rock Energy Partners and Old Ironsides Energy retained TenOaks Energy Advisors for the sale of certain operated properties located in the dry gas window of the Eagle Ford Shale in South Texas.
Rig Counts , Unconventional , Shale Plays
Hart Energy Unconventional Activity Tracker (Week of Feb. 22, 2021)
The U.S. rig count rose last week to 443 as of Feb. 17, according to Enverus Rig Analytics. The count is up 4% in the last month but still down 46% year-over-year.
Exploration & Production , Crude Oil , Shale Plays , Midstream
US Oil Producers Eye Long Road to Recovery Following Texas Winter Storm
The winter storm that gripped Texas and much of the country over the past week forced the biggest ever weather-related shutdown in the Permian Basin, cutting 2 million to 4 million bbl/d from nationwide oil output.
Company Profiles , Exploration & Production , Shale Plays , Trends
Oil and Gas Investor Executive Q&A: Earthstone on the Rise
A model of disciplined tenacity, Midland Basin-focused Earthstone Energy patiently and diligently builds scale through good times and bad. And new CEO Robert J. Anderson makes no apologies for being a small-cap, growth-oriented oil and gas producer.
Exploration & Production , Shale Plays
Best of This Week’s Drilling Activity Highlights (Feb. 19, 2021)
High-volume Marcellus Shale wells, EOG Resources Eagle Ford completions from an Eagleville Field drillpad plus a Hilcorp Energy venture in Louisiana state waters flowing gas top this week’s drilling activity highlights from around the world.
Liquefied Natural Gas (LNG) , Natural Gas , Trade
Texas RRC Notifies Producers of Governor Abbott’s Mandate to Keep Gas in State
The Texas Railroad Commission, though, likely does not have the authority to interfere with contracts between companies to sell gas out of state, says Commissioner Jim Wright.