Williston
People , Exploration & Production , Shale Plays
Continental Resources Names Doug Lawler COO as Jack Stark Retires
Upon his retirement, Jack Stark will transition into a part-time consulting role as a senior adviser to Continental Resources CEO Bill Berry.
Exploration & Production , Shale Plays , Technology
Revitalizing Bakken Production with Bio-based Technology
Through a recent partnership between Creedence and Locus BE, operators in the Bakken now have access to a novel, ESG-friendly technology to sustainably increase oil production.
Public Capital , People , Shale Plays
Continental Resources Promotes Key Leaders Shelly Lambertz, John Hart
Oklahoma City-based Continental Resources announced the promotions of Shelly Lambertz and John Hart on Jan. 13, expanding their leadership at the independent oil producer.
Policy & Regulations , Shale Plays , Pipelines
Illinois Court Vacates Approval of Dakota Access Pipeline Capacity Expansion
The Illinois Commerce Commission needed to consider the public need for the proposed expansion to the Dakota Access pipeline, but the court said Jan. 12 the commission erroneously interpreted the public to mean the world, not the U.S.
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of Jan. 12, 2022
Here’s a snapshot of recent energy deals including UpCurve II’s initial acquisition in the Permian Basin plus a surprise $3.25 billion cash acquisition announced by Enterprise Products Partners.
Lease Sales
On the Market Oil and Gas Quicklist (Week of Jan. 12, 2022)
Here’s a quicklist of oil and gas assets on the market including a sizable royalty position in the Permian Basin and Eagle Ford Shale being offered by Kimmeridge plus a Cornerstone Energy well package in North Dakota.
Discoveries
International E&P Confirms Significant Oil Discovery in Wyoming
The Wyoming-focused E&P company currently estimates the total reservoir volume of the discovery to be 1.5 billion to 1.9 billion barrels of oil in place.
Rig Counts , Unconventional
Chart: Western Rig Count as of January 7, 2022
California, Colorado, Idaho, Montana, Nebraska, Nevada, New Mexico, North Dakota, Utah and Wyoming
Public Capital , Investment , Energy Transition
Calumet Closes Funding for Montana Renewable Hydrogen Project
The renewable hydrogen plant has an expected operational startup in the fourth quarter of 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?