Texas/La Gulf Coast

Public Capital , People , Shale Plays

Former Carrizo CEO Chip Johnson Resigns From Callon Board

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.

January 6, 2022

Energy Transition , Technology

McDermott Wins FEED Contract for Zero Emissions Power Plant in Louisiana

Work will begin January 2022 and is expected to be completed in nine months.

January 6, 2022

Private Equity , Shale Plays , Acquisitions & Divestitures

Aethon Energy Reportedly Seeking $6 Billion Sale of Haynesville Assets

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.

January 6, 2022

Unconventional , Shale Plays

Shale 2022 Analyst Perspective: US Tight Oil’s Uncharacteristic Response to Rising Prices

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?

January 6, 2022

Shale Plays , Technology , Acquisitions & Divestitures

Milestone Enters East Texas Haynesville Shale with Shelby County Acquisition

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.

January 5, 2022

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Jan. 5, 2022

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.

January 5, 2022

Lease Sales

On the Market Oil and Gas Quicklist (Week of Jan. 5, 2022)

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.

January 5, 2022

Private Equity , Shale Plays , Acquisitions & Divestitures

Lime Rock Resources Kicks Off 2022 with Back-to-back Acquisitions

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.

January 4, 2022

Rig Counts , Shale Plays

Hart Energy Unconventional Activity Tracker (Week of Jan. 4, 2022)

The U.S. rig count is down 0.7% in the last month, but up 75% year-over-year, according to Enverus Rig Analytics.

January 4, 2022

Liquefied Natural Gas (LNG) , Storage

NextDecade Delays Rio Grande LNG Decision until Second Half

The project would include the capture and storage of more than 5 million metric tons per year of carbon dioxide.

January 4, 2022