Texas/La Gulf Coast
Unconventional , Top IP Wells
Updated: Top 12 IP Wells in Haynesville Shale
June 2020: GEP Haynesville Completes Four Haynesville Wells from Pad in Sabine Parish, La.
Top IP Wells
Updated: Top 12 IP Wells in the Eagle Ford
March 2020: Gonzales, DeWitt County, Texas, Eagle Ford Completions Reported by EOG Resources Inc.
Restructurings , Public Capital , Shale Plays
US Shale Pioneer Chesapeake Energy Files for Chapter 11 Bankruptcy
“We are fundamentally resetting Chesapeake’s capital structure and business to address our legacy financial weaknesses and capitalize on our substantial operational strengths,” CEO Doug Lawler said in a statement.
Acquisitions & Divestitures , Midstream
Empire Pipeline Buys Louisiana Crude Oil Terminal from Shell
Though specific terms of the transaction were not disclosed, Empire Pipeline said in a statement on June 25 it acquired the Gibson termianl from affiliates of Royal Dutch Shell.
Highlights , Shale Plays
Best of This Week’s Drilling Activity Highlights (June 26, 2020)
Wolfcamp-Spraberry Trend wells completed by Earthstone Energy in the Permian Basin plus four strong Haynesville Shale discoveries from two separate pads in Louisiana’s Sabine Parish top this week’s drilling activity highlights from around the world.
Shale Plays , Tankers , Construction , Pipelines
Harvest Midstream Completes Oil Pipeline Serving Growing US Gulf Coast Export Center
The Ingleside Pipeline, a 24-mile, 24-inch oil pipeline, has a capacity of 600,000 bbl/d with up to 380,000 bbl/d supplied by the existing Harvest Eagle Ford pipeline systems.
Business , Crude Oil , Shale Plays
Harold Hamm on New US Gulf Coast Crude Benchmark
S&P Global Platts on June 26 will introduce American GulfCoast Select, a new benchmark for U.S. crude oil which shale pioneer Harold Hamm helped launch.
Business , Exploration & Production
Dallas Fed Survey: US Energy Producers Sought Bailout as Oil Prices Fell
More than half of the 160 energy executives surveyed in the top U.S. oil and gas producing region sought federal aid as a cushion against the economic downturn.
Petrochemicals , Crude Oil , Storage
US Crude Oil Stockpiles Hit Record High for Third Week
Crude oil inventories also hit another record high on the U.S. Gulf Coast, where the bulk of the nation's refining capacity is located.
Acquisitions & Divestitures , Trends
Energy A&D Transactions from the Week of June 24, 2020
Here’s a snapshot of recent energy deals including a ‘tactical’ bolt-on acquisition in the U.S. Gulf of Mexico Shelf by Talos Energy.