Rig Counts , Unconventional , Shale Plays

Hart Energy Unconventional Activity Tracker (Week of Dec. 28, 2020)

The U.S. rig count fell slightly during the past week with the biggest loss in the Permian and Appalachian basins. Increases did occur in the Anadarko Basin, which added five rigs, and the Williston Basin, which added two.

December 28, 2020

Business , Unconventional , Infrastructure , Shale Plays , Midstream

North Dakota’s Shale Prospects Look Bleak after the Gold Rush

The pandemic has crushed what was left of a once-booming oil industry in North Dakota’s Bakken shale.

December 28, 2020

Public Capital , People , Exploration & Production , Shale Plays

Oasis Petroleum CEO, Co-founder Thomas Nusz Retires

Oasis Petroleum will “immediately begin an active and thorough search for a new CEO,” says Douglas E. Brooks, the company’s board chair who has been appointed to the additional role of CEO effective Dec. 22.

December 28, 2020

Rig Counts , Unconventional , Shale Plays

Hart Energy Unconventional Activity Tracker (Week of Dec. 21, 2020)

According to Enverus Rig Analytics, the rig count is up 8% in the last month but down 52% year-over-year. The Permian added four rigs, while the Anadarko, D-J and Gulf Coast basins were each down one or two rigs week-over-week. The Appalachia Basin also added a rig.

December 21, 2020

Highlights , Shale Plays

Best of This Week’s Drilling Activity Highlights (Dec. 18, 2020)

Middle Bakken, Three Forks wells completed at a single pad plus Spraberry/Dean, Wolfcamp producers in Midland Basin by Occidental Petroleum and more testing completed in Australia’s Otway Basin top this week’s drilling activity highlights from around the world.

December 18, 2020

Exploration & Production , Shale Plays

North Dakota Daily Oil Production Holds Steady at 1.2 Million Barrels

North Dakota oil production was just over 1.2 million bbl/d in October, holding near its strongest levels since the coronavirus pandemic began to curtail output in the state's Bakken shale field.

December 14, 2020

Rig Counts , Unconventional , Shale Plays

Hart Energy Unconventional Activity Tracker (Week of Dec. 14, 2020)

Another week of steady increases was reported for the past week’s U.S. rig count. According to Enverus Rig Analytics, the count is up 9% in the last month, but down 51% year-over-year, with no significant changes in major basins on the week.

December 14, 2020

People , Exploration & Production , Shale Plays

Forty Under 40: Matt Luna, Kraken Oil and Gas

Today’s featured Forty Under 40 honoree is Matt Luna, vice president of development at Kraken Oil and Gas, a Kayne Anderson-backed E&P company focused primarily on the Bakken formation.

December 11, 2020

Investment , Exploration & Production , Health, Safety & Environment , Emissions , Shale Plays , Midstream

How ESG Investors Can Play a Role in Mitigating Gas Flaring

Here’s why institutional investors, private equity firms and oil and gas companies facing ESG challenges should take a closer look into how they can take an active part in mitigating gas flaring.

December 10, 2020

Lease Sales

On the Market Oil and Gas Quicklist (Week of Dec. 9, 2020)

Here’s a quicklist of oil and gas assets on the market including an Ankor Gulf of Mexico offshore opportunity plus RDV Resources SCOOP producing royalty interests and Barnett Shale legacy assets from The Miles Foundation.

December 9, 2020