Williston

Rig Counts , Unconventional , Shale Plays

Hart Energy Unconventional Activity Tracker (Week of June 22, 2020)

The number of oil and natural gas rigs operating in North America remains at a record low even as higher oil prices prompt some producers to start drilling again.

June 22, 2020

Exploration & Production , Digital Oilfield

Bakken Blockchain Pilot’s Success ‘Tip of the Iceberg’

The first industry-wide use of a blockchain native network for produced water haulage in the Bakken demonstrates an opportunity for the entire oil and gas industry.

June 22, 2020

Highlights , Shale Plays

Best of This Week’s Drilling Activity Highlights (June 19, 2020)

A Bone Spring discovery made by Occidental Petroleum in the Permian Basin plus a Forward Field-Marcellus Shale producer reported by EQT in Pennsylvania’s Allegheny County top this week’s drilling activity highlights from around the world.

June 19, 2020

Public Capital , Unconventional , Shale Plays

Continental Resources Plans to Gradually Restore Production in July

U.S. shale producer Continental Resources expects to partially begin resuming production in July but still expects to curtail approximately 50% of its operated oil production.

June 18, 2020

Acquisitions & Divestitures , Trends

Energy A&D Transactions from the Week of June 17, 2020

Here’s a snapshot of recent energy deals including an acquisition by Northern Oil and Gas of core Williston Basin acreage operated by WPX Energy plus the sale of ORRI by Antero Resources.

June 17, 2020

Lease Sales

On the Market Oil and Gas Quicklist (Week of June 17, 2020)

Here’s a quicklist of oil and gas assets on the market including multiple packages from Atinum Energy Investments, the largest of which comprises a core Appalachia nonop position being developed by Tug Hill.

June 17, 2020

Rig Counts , Unconventional , Shale Plays

Hart Energy Unconventional Activity Tracker (Week of June 15, 2020)

Rig count is down again but decline rate seems to be slowing.

June 15, 2020

Highlights , Shale Plays

Best of This Week’s Drilling Activity Highlights (June 12, 2020)

Alaska North Slope drilling permits granted to ConocoPhillips, a Gulf of Mexico discovery by Walter Oil & Gas and two Marcellus Shale producers completed in Pennsylvania’s Armstrong County top this week’s drilling activity highlights from around the world.

June 12, 2020

Business , Technology , Acquisitions & Divestitures

‘Sold!’ Auctioneers Race to Unload Oil Equipment as US Drilling Dries Up

Cutbacks by E&Ps have prompted auctions for oilfield equipment from Odessa, Texas, to Alberta, Canada. Even if oil prices remain in the high-$30s, that will not be enough to spur much in the way of additional drilling.

June 12, 2020

Public Capital , Shale Plays , Acquisitions & Divestitures

Northern Oil and Gas to Acquire Core Williston Acreage Operated by WPX

The acquisition, “while modest in size,” highlights Northern Oil and Gas’s competitive advantage as an actively managed nonoperator, COO Adam Dirlam says.

June 10, 2020