Bakken
Lease Sales
On the Market Oil and Gas Quicklist (Week of Aug. 12, 2020)
Here’s a quicklist of oil and gas assets on the market including a Delaware Basin royalty package from Tumbler Energy Partners plus the associated mineral interests in the historic Hanging H Ranch located in Reeves and Loving counties, Texas.
Company Profiles , DUG Permian , Exploration & Production , Health, Safety & Environment , Shale Plays , Technology , Acquisitions & Divestitures
PATH FORWARD: WPX Energy’s Clay Gaspar Talks Permian Outlook, ESG, Tech
Clay Gaspar, president and COO at WPX Energy, sat down with Hart Energy’s Jessica Morales for an in-depth look at the shale producer’s outlook for the Permian and Williston basins along with the importance of ESG.
Infrastructure , Pipelines
Federal Judge Gives Army Corps Three Weeks to Detail DAPL Options
The U.S. Army Corps of Engineers is exploring four options, including some that would not require the Dakota Access pipeline to shut, said Ben Schifman, an attorney representing the Army Corps.
Rig Counts , Unconventional , Shale Plays
Hart Energy Unconventional Activity Tracker (Week of Aug. 10, 2020)
U.S. energy firms cut the number of oil and gas rigs over the past week to a record low for a 14th week even as higher oil prices prompt some producers to start drilling again.
Methane , Health, Safety & Environment , Emissions , Logistics
New Methane ‘Heat Map’ to Help Oil Companies Reduce Emissions
A new digital tool set for release later this year will provide the oil and gas industry with actionable satellite imagery for detection of high methane emissions events.
Rig Counts , Unconventional
Chart: Western Rig Count as of August 7, 2020
California, Colorado, Idaho, Montana, Nebraska, Nevada, New Mexico, North Dakota, Utah and Wyoming
Infrastructure , Shale Plays , Pipelines
US Court Allows DAPL to Stay Open, But Permit Status Unclear
However, U.S. regulatory officials may still have to issue another environmental assessment for DAPL before deciding if the 570,000-bbl/d oil pipeline can continue to operate.
Lease Sales
On the Market Oil and Gas Quicklist (Week of Aug. 5, 2020)
Here’s a quicklist of oil and gas assets on the market including the sale of operated positions in the Permian and Illinois basins by Tamarack Petroleum plus Chevron’s Carter Knox Field asset located in Oklahoma’s Grady and Stephens counties
Public Capital , Unconventional , Shale Plays
Continental Resources to Resume Most Curtailed US Shale Production
Continental Resources, which shut 70% of its oil output when prices and fuel demand collapsed, said U.S. production growth will stay moderate unless oil reaches $50-$60/bbl.
Public Capital , Earnings , Exploration & Production , Shale Plays
Continental Resources Posts Second Straight Quarterly Loss
U.S. shale producer Continental Resources Inc. on Aug. 3 posted a bigger-than-expected second-quarter loss as the coronavirus crisis and related lockdowns pummeled demand.