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.

September 18, 2020

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.

September 18, 2020

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.

September 18, 2020

Rig Counts, Unconventional

Chart: Midcontinent, Permian Basin Rig Count as of September 18, 2020

Kansas, Oklahoma, Texas Dist. 7B, 7C, 8, 8A, 9, 10

September 18, 2020

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

September 18, 2020

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

September 18, 2020

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

September 18, 2020

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.

September 17, 2020

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.

September 17, 2020

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.

September 17, 2020