Rig Counts , Unconventional , Shale Plays

Hart Energy Unconventional Activity Tracker (Week of Aug. 31, 2020)

U.S. energy firms kept the number of oil and gas rigs operating unchanged this week with some analysts expecting producers to have shut rigs ahead of Hurricane Laura.

August 31, 2020

Infrastructure , Shale Plays , Midstream

US Army Corps Asks Appeals Court to Reverse DAPL Ruling

The U.S. Army Corps of Engineers on Aug. 26 asked an appeals court to reverse a ruling which scrapped an environmental permit that allows the Dakota Access crude oil pipeline, known as DAPL, to operate on U.S. land.

August 27, 2020

Public Capital , Unconventional , Shale Plays

Equinor Halts US Shale Drilling for 2020 Amid Significant Job Cuts

Equinor plans to not drill any new unconventional wells this year in the U.S., where it has acreage in the Bakken and Marcellus shale formations, a spokesman for the Norway-based oil and gas company said.

August 26, 2020

Rig Counts , Unconventional , Shale Plays

Hart Energy Unconventional Activity Tracker (Week of Aug. 24, 2020)

Weekly oil and gas rig count in the U.S. increases for the first time since March with the Midcontinent region making the largest percentage and absolute gains.

August 24, 2020

Restructurings , Public Capital , Shale Plays , Acquisitions & Divestitures

Abraxas Petroleum to Pursue Strategic Alternatives Following Refinancing Transactions

Abraxas Petroleum also entered into an agreement with its lender Angelo Gordon that included the appointment of the firm’s head of energy, Todd Dittmann, as a director of the San Antonio-based oil and gas company.

August 17, 2020

Rig Counts , Unconventional , Shale Plays

Hart Energy Unconventional Activity Tracker (Week of Aug. 17, 2020)

The oil and gas industry appears to have found a bottom over the last month, at least temporarily, says Enverus.

August 17, 2020

People , Crude Oil , Shale Plays , Drilling , Midstream

Waterborne Crude: Setting a New Benchmark

The Harold Hamm-led American Gulfcoast Select is the first new crude benchmark since 2010, designed to more accurately price U.S. liquids being exported by tanker. Will it provide the value uplift as hoped?

August 14, 2020

Restructurings , Public Capital , People , Shale Plays

Whiting Petroleum CEO Brad Holly to Resign Following Bankruptcy

Industry veteran and former SRC Energy CEO Lynn Peterson is expected to be appointed as Whiting Petroleum’s next CEO, effective as of the completion of the company’s restructuring.

August 14, 2020

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.

August 12, 2020

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.

August 12, 2020