Texas/La Gulf Coast
Acquisitions & Divestitures , Trends
Energy A&D Transactions from the Week of March 25, 2020
Editor’s note: there were no updates from the previous week’s A&D transactions chart that ran March 18.
Lease Sales
On the Market Oil and Gas Quicklist (Week of March 25, 2020)
Here’s a quicklist of oil and gas assets on the market including interest in an Extraction Oil & Gas-operated well in Colorado’s Larimer County plus a minerals position in the core of the Eagle Ford Shale.
Public Capital , Unconventional , Shale Plays , Acquisitions & Divestitures
US Shale Executive Warns Global Oil Glut Will Not Clear Soon
Most of EOG Resources's activity this year will be in the Eagle Ford Shale and the Permian's Delaware Basin, a company executive said, adding it could reduce some plans if necessary.
Lease Sales
Marketed: Producing Minerals in Chesapeake-operated Eagle Ford Shale Wells
Caddo Minerals retained EnergyNet for the sale of producing Eagle Ford Shale minerals in Dimmit County, Texas, operated by an affiliate of Chesapeake Energy through two sealed-bid offerings.
Umbilical
Aker Solutions Wins 20-Year Umbilicals Deal with Chevron
Aker Solutions has entered a master agreement on March 23 to provide umbilicals for Chevron-operated oil and gas fields in the U.S. Gulf of Mexico.
Exploration & Production , Crude Oil , Trade , Shale Plays
Texas Shale Producers Ask State To Limit Oil Production
The Texas oil and gas regulator, the Texas Railroad Commission, imposed production limits on producers in the 1930s to try to prop up prices and later was a model for the creation of OPEC.
Lease Sales
Marketed: Core Eagle Ford Producing Mineral Position
LandGate is representing a mineral owner in the sale of a core Eagle Ford producing mineral position in Karnes and DeWitt counties, Texas.
Acquisitions & Divestitures , Trends
Energy A&D Transactions From The Week Of March 18, 2020
Here’s a snapshot of energy deals from the past week including the $94 million acquisition of NexTier’s well services business by Basic Energy.
Lease Sales
On The Market Oil And Gas Quicklist (Week Of March 18, 2020)
Here’s a quicklist of oil and gas assets on the market including Permian Basin minerals plus several packages of Grizzly Energy operated assets across Texas, Oklahoma and Wyoming.
Public Capital , Exploration & Production , Shale Plays
Exxon Mobil, Hess, Concho, Callon, Kosmos Join US Producers Tightening Capex
On average, Reuters estimates North America oil and gas producers have cut their 2020 budgets by about 30% since the fall in oil prices.