The Latest
Highlights, Shale Plays
Best of This Week’s Drilling Activity Highlights (Sept. 18, 2020)
XTO Energy’s results from a Wolfcamp Shale completion in Loving, Texas, plus an oil and gas discovery announced by BP in the Gulf of Mexico top this week’s drilling activity highlights from around the world.
Gathering & Processing
Sempra Sees Cameron LNG Export Plant in Louisiana Fully Back in Six Weeks
Sempra Energy said on Sept. 18 it expects the Cameron LNG export plant in Louisiana to return to full service in six weeks after lingering power outages from Hurricane Laura have kept it shut since late August.
Public Capital, Unconventional, Shale Plays, Acquisitions & Divestitures
EQT Reportedly Bids $750 Million for Chevron’s Appalachia Shale Assets
Chevron is marketing about 800,000 acres in the Marcellus and Utica shale plays of Pennsylvania and neighboring states and a 31% nonoperating interest in Laurel Mountain Midstream.
Rig Counts, Unconventional
Chart: Midcontinent, Permian Basin Rig Count as of September 18, 2020
Kansas, Oklahoma, Texas Dist. 7B, 7C, 8, 8A, 9, 10
Rig Counts, Unconventional
Chart: Eastern Rig Count as of September 18, 2020
Alabama. Florida, Illinois, Indiana, Kentucky, Michigan, New York, Ohio, Pennsylvania, Virginia and West Virginia
Rig Counts, Unconventional
Chart: Gulf Coast Rig Count as of September 18, 2020
Arkansas, Louisiana, Mississippi and Texas RRC Dist. 1, 2, 3, 4., 5, 6, inland, offshore
Rig Counts, Unconventional
Chart: Western Rig Count as of September 18, 2020
California, Colorado, Idaho, Montana, Nebraska, Nevada, New Mexico, North Dakota, Utah and Wyoming
Restructurings, Unconventional, Shale Plays, Acquisitions & Divestitures
Permian Basin Operator Approach Resources Hitches Saddle to New Buyer
Bankrupt Permian operator Approach Resources appears to be headed toward a sale again—albeit for less than two-thirds of the original sales price.
Business, People, Exploration & Production, Shale Plays, Acquisitions & Divestitures
Industry Veteran Ted Williams Joins EnCore Permian as COO
Industry veteran Ted Williams will join EnCore Permian as partner and COO to lead its growing operations department as the Midland, Texas-based company transforms into an E&P company.
Exploration & Production, Health, Safety & Environment, Lease Sales
US Shelves Wyoming BLM Lease Sale Plans over Sage Grouse
BLM will instead sell eight parcels of oil and gas leases on more than 4,000 acres in the southeast corner of Wyoming, not located in sage grouse habitat, through the online auction platform EnergyNet.