Lease Sales

On the Market Oil and Gas Quicklist (Week of Nov. 4, 2020)

Here’s a quicklist of oil and gas assets on the market including a Permian Basin well package operated by Apache Corp. plus Royal Blue Minerals II’s Williston Basin position.

November 4, 2020

Business , Unconventional , Crude Oil , Shale Plays , Completions , Pressure Pumping

Will US Oil Production Ever Hit 13 Million Barrels Per Day Again?

Analysts discuss the outlook for the U.S. shale sector as it recovers from the latest downturn, awaiting higher global demand.

November 1, 2020

Earnings , Shale Plays

Equinor Takes $2.9 Billion Hit in Asset Write-offs

The biggest write-downs stem from Equinor's assets in the Bakken shale field in the U.S. and the Mariner heavy oil field off the coast of Britain, the company said on an analysts call without elaborating.

October 29, 2020

Lease Sales

On the Market Oil and Gas Quicklist (Week of Oct. 28, 2020)

Here’s a quicklist of oil and gas assets on the market including Bellatorum Resources Permian Basin royalty asset packages plus operated Oklahoma assets from Kaiser-Francis Oil.

October 28, 2020

Lease Sales

Marketed: Equinor Bakken North Dakota, Montana Package

Equinor Energy LP retained EnergyNet for the sale of a Bakken shale package in North Dakota and Montana through an auction closing Nov. 11.

October 27, 2020

Business , Exploration & Production , Natural Gas , Legislation , Shale Plays , Technology

Opinion: How US Fracking Could Be an Unlikely Beneficiary of a ‘Blue Wave’

Optimism for the dry gas sector is bubbling up like methane in a Pennsylvania spring.

October 19, 2020

Field Development , Shale Plays

North Dakota’s Oil Output Up 12% in August as More Wells Resume Output

North Dakota’s oil production rose about 12% to 1.16 million barrels per day (MMbbl/d) in August as more wells and drilling rigs resumed production after a drop earlier this year, the state's regulator said on Oct. 16.

October 16, 2020

Acquisitions & Divestitures , Trends

Energy A&D Transactions from the Week of Oct. 14, 2020

Here’s a snapshot of recent energy deals including the sale of Blue Mountain Midstream and its assets in Oklahoma’s Merge/SCOOP/STACK play by Riviera Resources in a $111 million cash transaction.

October 14, 2020

Exploration & Production , Digital Oilfield

Kraken and Crusoe Energy to Deploy Digital Flare Mitigation Systems in Bakken

Kraken Oil & Gas has engaged Crusoe Energy Systems Inc. to deploy 18 Digital Flare Mitigation (DFM) modules between three oil and gas production sites in eastern Montana and one site in North Dakota, the company said on Oct. 7.

October 8, 2020

Lease Sales

Marketed: Operated Williston Basin Assets, Divide County, North Dakota

Future Acquisition North Dakota LLC and Future Gathering North Dakota LLC retained TenOaks Energy Advisors for the sale of certain operated assets in the Williston Basin in North Dakota's Divide County.

October 6, 2020