Editor’s note: there were no updates from the previous week’s A&D transactions chart that ran March 18.
Here’s a quicklist of oil and gas assets on the market including interest in an Extraction Oil & Gas-operated well in Colorado’s Larimer County plus a minerals position in the core of the Eagle Ford Shale.
Results from two exploratory tests in the Powder River Basin and the first horizontal completion reported in a Central Basin Platform field top this week’s drilling activity highlights from around the world.
Here’s a snapshot of energy deals from the past week including the $94 million acquisition of NexTier’s well services business by Basic Energy.
Here’s a quicklist of oil and gas assets on the market including Permian Basin minerals plus several packages of Grizzly Energy operated assets across Texas, Oklahoma and Wyoming.
On average, Reuters estimates North America oil and gas producers have cut their 2020 budgets by about 30% since the fall in oil prices.
Output from the Permian Basin of Texas and New Mexico, is expected to rise 38,000 bbl/d to a record 4.79 MMbbl/d, data from the U.S. Energy Information Administration (EIA) showed.
The Muscular Dystrophy Association retained EnergyNet for the sale of producing mineral and royalty interests in the Williston Basin through an auction closing March 24.