Texas/La Gulf Coast

Lease Sales

Marketed: Titanium Exploration Nonop Eagle Ford Shale Properties

Titanium Exploration Partners retained TenOaks Energy Advisors as its exclusive adviser in connection with the sale of certain nonoperated working interest properties in the Eagle Ford Shale.

March 26, 2021

Digital Oilfield , Logistics

Tenaris Adds Jobs at Conroe, Texas Plant as Activity Ramps Up

Tenaris is scaling up industrial activity at its Conroe, TX, plant, adding about 140 employees onboard to support the facility’s ramp up, which includes a $600,000 investment in IT and automation infrastructure, the company said on March 24.

March 26, 2021

Rig Counts , Shale Plays , Drilling

Oil and Gas Investor Rig Market Trends: A Cautious Rigging Up

After a year of historic lows for drilling activity, rig count is slowly climbing up, indicating an improved activity outlook for 2021. But will it be enough for overstacked drillers?

March 26, 2021

Investment , Emissions , Shale Plays , Technology , Construction

Occidental to Develop CO2 Sequestration Hub for South Texas LNG Project

Occidental’s venture capital arm, Oxy Low Carbon Ventures, agreed to offtake and transport CO₂ from NextDecade’s planned Rio Grande LNG project and permanently sequester it in an underground geologic formation.

March 25, 2021

Public Capital , Exploration & Production , Shale Plays , Acquisitions & Divestitures

Ovintiv Sells Eagle Ford Asset to Private Operator for $880 Million

The Eagle Ford asset sale to privately owned Validus Energy is the latest step Denver-based Ovintiv has taken to cut down debt and gain investor confidence.

March 24, 2021

Lease Sales

On the Market Oil and Gas Quicklist (Week of March 24, 2021)

Here’s a quicklist of oil and gas assets on the market including a 100-well package in the Permian Basin by EOG Resources plus the sale of certain Ryca Energy-operated Louisiana properties.

March 24, 2021

Lease Sales

Marketed: Ryca Energy Louisiana Operated Divestiture

Ryca Energy Partners LLC has retained RedOaks Energy Advisors as the exclusive adviser in connection with the sale of certain operated Louisiana properties in Winn, LaSalle and Concordia parishes.

March 23, 2021

Rig Counts , Unconventional

Hart Energy Unconventional Activity Tracker (Week of March 22, 2021)

U.S. energy firms added the most oil and gas rigs in a week since January 2021 even as oil prices this week pulled back from a recent 28-month high.

March 22, 2021

IPO , Shale Plays

Blackstone-backed Vine Energy Opens Below Offer Price in Market Debut

Blackstone-backed natural gas explorer Vine Energy’s stock opened at $13.75 per share, giving the company a valuation of $952.7 million.

March 22, 2021

Company Profiles , Natural Gas , Emissions , Technology , Midstream

NextDecade Launches NEXT Carbon Solutions

Rio Grande LNG expected to be the Greenest LNG Project in the World.

March 18, 2021