Here’s a snapshot of recent energy deals including Ovintiv’s Eagle Ford Shale exit through the $880 million sale of its South Texas assets to Validus Energy plus the all-stock merger of Noble Corp. with Houston-based Pacific Drilling.
Two new Barnett producers in Tarrant County, Texas, separate Midland Basin discoveries by Hibernia Resources and Endeavor Energy plus a new estimate of Abu Dhabi unconventional resources top this week’s oil and gas drilling activity highlights from around the world.
After a year of historic lows for drilling activity, rig count is slowly climbing up, indicating an improved activity outlook for 2021. But will it be enough for overstacked drillers?
Here’s a snapshot of recent energy deals including Oasis Petroleum’s $510 million midstream deal plus the acquisition of a Pioneer Natural Resources oilfield service subsidiary by oil mogul George Kaiser.
Here’s a quicklist of oil and gas assets on the market including a 100-well package in the Permian Basin by EOG Resources plus the sale of certain Ryca Energy-operated Louisiana properties.
Oasis Petroleum agreed to contribute all of its remaining interests in Bobcat DevCo and Beartooth DevCo to Oasis Midstream Partners plus eliminate its IDRs in exchange for $229 million in cash and 14.8 million OMP common units.
Two Middle Bakken completions in McKenzie County, N.D., offshore Otway Basin gas test drilled from onshore pad, and results from offshore South Africa Luiperd prospect round out this week’s best of activity highlights.
Here’s a snapshot of recent energy deals including the closing of the $465 million acquisition of Williston Basin private operator Bruin E&P by Enerplus plus a merger agreement between Houston-based oilfield services provider Frank’s International and Expro Group.