The Latest
Public Capital, Unconventional, Shale Plays, Acquisitions & Divestitures
Laredo Petroleum Tacks On Another Permian Basin Acquisition
Similar to another acquisition made by Laredo Petroleum in the Permian Basin earlier this quarter, the bolt-on in Glasscock County, Texas, continues to shift the company’s production mix toward oil.
Lease Sales
Marketed: Conventional South Louisiana Operated Sale Package
WTD Resources and Oleum Operating LA have retained Energy Advisors Group to market certain southwest Louisiana operated producing properties in Acadia, Cameron, St. Landry and Vermilion parishes.
Company Profiles, Unconventional, Drilling, Completions
Gulfport Sees Gains With ‘Aggressive’ Drilling, Completions In Scoop
Increased stage spacing and proppant loading plus use of 100-mesh sand have proven favorable for Gulfport in the Scoop.
Public Capital, Exploration & Production, Shale Plays
Permian Operator Lilis Energy Notified Of Listing Deficiency
Lilis Energy is below compliance with the NYSE American stock exchange’s continued listing standards because its stock has been selling for “a low price per share for a substantial period of time.”
Business, Exploration & Production, Shale Plays, Acquisitions & Divestitures, Mergers
Jones Energy Agrees To $201 Million Buyout By Revolution
Jones Energy, which entered bankruptcy with $1 billion in debt in April, agreed to an all-cash deal for its Anadarko Basin assets.
People, Company Profiles, Midstream
Forty Under 40: Stephen Luskey, Brazos Midstream
Today’s featured Forty Under 40 honoree is Stephen Luskey, one of the founding members of Brazos Midstream who has been instrumental in the company’s success from day one.
Unconventional, Shale Plays, Mergers
Three-Way Midland Basin Combination Creates $1.5 Billion E&P
The deal would create the largest pure-play northern Midland Basin E&P with a 73,000-net-acre position and 12,000 boe/d of production that is expected to more than double through 2020.
Highlights
Best Of This Week’s Drilling Activity Highlights (Dec. 6, 2019)
EOG's Wolfcamp discoveries; Antero Resources, Utica completion; two Bethany Longstreet Field-Haynesville completions.
Unconventional, Top IP Wells
Updated: Top 12 IP Wells In The Permian Basin
December 2019: Three Loving County, Texas, Wolfcamp Discoveries Reported By EOG Resources
Liquefied Natural Gas (LNG)
McDermott, Chiyoda, Zachry Group See First Liquid From Freeport LNG Train 2
Freeport LNG Trains 2 and 3 remain on schedule with Train 3 initial production of LNG scheduled for first-quarter of 2020.