Williston
Rig Counts , Unconventional , Shale Plays
Hart Energy Unconventional Activity Tracker (Week of May 10, 2021)
The most active operator continues to be Permian Basin-focused Pioneer Natural Resources at 30 rigs, which includes nine more rigs after closing its acquisition of privately held DoublePoint Energy.
Highlights , Shale Plays
Best of This Week’s Drilling Activity Highlights (May 7, 2021)
Marcellus and Utica shale discoveries, Diamondback completes a Wolfcamp producer in the Permian Basin plus an offshore prospect in the Gulf of Mexico’s Green Canyon Block top this week’s oil and gas drilling activity highlights from around the world.
Rig Counts , Unconventional
Chart: Western Rig Count as of May 7, 2021
California, Colorado, Idaho, Montana, Nebraska, Nevada, New Mexico, North Dakota, Utah and Wyoming
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of May 5, 2021
Here’s a snapshot of recent energy deals including a Bakken deal between Oasis Petroleum and Diamondback Energy plus the sale of Hunt Oil’s Permian Basin asset in a transaction believed to be worth over $1 billion.
Lease Sales
On the Market Oil and Gas Quicklist (Week of May 5, 2021)
Here’s a quicklist of oil and gas assets on the market including Fairway Resources Oklahoma properties and Kaiser-Francis Oil well package in Louisiana plus the offer from Centennial Resource Production to acquire or farm in certain operated assets in the Permian Basin of Reeves County, Texas.
Infrastructure , Pipelines
Army Corps: No Cause to Shut DAPL During Review
In filing, the Corps said it will determine whether to issue a new permit when its review is completed in March 2022.
Earnings , Exploration & Production
Diamondback Energy Tops Profit Estimates on Higher Crude Prices
The company posted quarterly production of 307,422 barrels of oil equivalent per day (boe/d), 2.8% higher than the previous quarter.
Public Capital , Shale Plays , Acquisitions & Divestitures
Diamondback Energy Sells Bakken Asset to Oasis in $745 Million Cash Deal
In addition to the sale of the Bakken assets it acquired in its merger with QEP, Diamondback also announced the $84 million sale of “noncore” Permian Basin assets.
Rig Counts , Unconventional , Shale Plays
Hart Energy Unconventional Activity Tracker (Week of May 3, 2021)
The most notable changes to the number of oil and gas rigs operating in the U.S. during the past month occurred in the Midcontinent (up 12), Gulf Coast (up seven) and Ark-La-Tex (up six) regions.
Unconventional , Top IP Wells
Table: Top 12 IP Wells in Three Forks
October 2020: Three Forks Well in McKenzie County, N.D.: 5,946 bbl of Oil, 6.185 MMcf of Gas per Day