Investment , Renewables , Digital Oilfield

Ørsted Inks Power Purchase Deals with PepsiCo for Nebraska, Texas Wind Farms

PepsiCo Inc. has signed two agreements with Ørsted on Jan. 14 to purchase a portion of energy from the 298 MW Haystack wind project in Nebraska and the 367 MW Western Trail wind project in Texas.

January 21, 2021

Public Capital , Earnings , Shale Plays , Midstream

Kinder Morgan Flags Concerns over US Shale Spending Following Earnings Beat

Pipeline operator Kinder Morgan raised concerns over the pace of ramp-up in spending in top U.S. shale basins following a rebound in oil prices after beating Wall Street estimates for quarterly results.

January 21, 2021

Highlights , Shale Plays

E&P Plus: January 2021 US Drilling Activity Highlights

Check out the latest oil and gas drilling activity highlights across the U.S. including a Marcellus discovery announced by Chesapeake Energy in Pennsylvania’s Bradford County plus the two strongest Haynesville Shale wells drilled to date in North Louisiana.

January 20, 2021

Lease Sales

Marketed: ORRI Assets in Core Williston Basin

Eagle River Energy Advisors has been exclusively retained by a private seller to divest certain overriding royalty interest (ORRI) assets and associated development rights in the Williston Basin of North Dakota.

January 20, 2021

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Jan. 20, 2021

Here’s a snapshot of recent energy deals including the closing of ConocoPhillips’ $13.3 billion acquisition of Concho Resources, one of the largest independent shale producers in the Permian Basin. 

January 20, 2021

Lease Sales

On the Market Oil and Gas Quicklist (Week of Jan. 20, 2021)

Here’s a quicklist of oil and gas assets on the market including Unit Petroleum operated Kansas properties plus a nonop Barnett Shale position from Tokyo Gas.

January 20, 2021

Rig Counts , Unconventional , Shale Plays

Hart Energy Unconventional Activity Tracker (Week of Jan. 18, 2021)

The U.S. rig count rose by 10 in the last week, according to Enverus which also notes that the count is down less than 1% in the last month and down 50% year-over-year.

January 19, 2021

Highlights , Shale Plays

Best of This Week’s Drilling Activity Highlights (Jan. 15, 2021)

New Gulf of Mexico discovery by LLOG in the Mississippi Canyon Block 503 plus several Appalachian Basin completions including three Marcellus Shale discoveries from Chesapeake Energy top this week’s drilling activity highlights from around the world.

January 15, 2021

Rig Counts , Unconventional

Chart: Western Rig Count as of January 15, 2021

California, Colorado, Idaho, Montana, Nebraska, Nevada, New Mexico, North Dakota, Utah and Wyoming

January 15, 2021

Shale Plays , Gathering & Processing , Construction

Outrigger Energy II Completes Williston Midstream Facilities

Project includes a processing plant and gathering system.

January 14, 2021