This hub will be composed of facilities that produce, store, transport and consume clean hydrogen. It will be connected by pipeline to other clean hydrogen hubs being developed throughout North America.
U.S. rig count fell slightly for the second week in a row, leading to the conclusion that last week’s sudden drop was more than a blip caused by rig downtime — some rigs moving between wells.
Chesapeake Marcellus discoveries, permits issued for Wyoming horizontal drilling program plus more Eagleville Field completions by EOG Resources top this week’s oil and gas drilling activity highlights from around the world.
Here’s a snapshot of recent energy deals including Oasis Petroleum’s Permian Basin exit and the all-equity consolidation of three Kayne Anderson portfolio teams in the Anadarko Basin.
Here’s a quicklist of oil and gas assets on the market including two Permian Basin packages in Howard County, Texas—one comprising Cholla Petroleum’s nonoperated position and the other a private seller’s mineral and royalty interest footprint.
Oasis Petroleum intends to offer $400 million senior unsecured notes due 2026 in a private placement to eligible purchasers with proceeds earmarked to partially fund its Bakken acquisition from Diamondback Energy.
The U.S. dropped 21 active oil and gas rigs in the past week with Enverus noting the week-over-week swing to most likely be due to rigs moving between wells.
The Dakota Access oil pipeline’s continued operation provides some clarity to market participants after months of uncertainty.