More Top Stories in Shale Plays

Shale Plays, Acquisitions & Divestitures, Midstream

Cardinal Midstream Closes Purchase of Delaware Basin Natural Gas Assets

Purchase of Medallion Midstream’s Delaware Basin natural gas gathering and processing business adds to Cardinal’s portfolio.

February 7, 2023

Transactions, Acquisitions & Divestitures

Chart Talk: Chesapeake CEO Says Eagle Ford Assets Didn’t Fit Portfolio

At the 2023 NAPE summit, Chesapeake Energy CEO Nick Dell’Osso explained the reasoning behind the company’s Eagle Ford asset divestiture.

February 6, 2023

Lease Sales

Marketed: Crimson Resources II Eagle Ford Operated Properties

Crimson Resources II LLC has retained RedOaks Energy Advisors as the exclusive advisor in connection with the sale of certain operated properties located in the Eagle Ford.

February 6, 2023

Lease Sales

Marketed: Valkyrie Resources WI in 11 Operated Wells

Valkyrie Resources LLC has retained Eagle River Energy Advisors in connection with the sale of its working interest in 11 operated, 1280-acre HBP DSUs in Divide County, N.D. to an operator committing to a three-well 2023 drilling and completion program.

February 6, 2023

People, Company Profiles

Finely Tuned First Mover: Tim Duncan’s Rise to Leader of the Pack

Talos Energy Inc. CEO Tim Duncan goes deep, testing international waters and new markets. 

February 6, 2023

Rig Counts

US Oil, Gas Rig Count Falls by Most in a Week Since June 2020: Baker Hughes

This week, the U.S. oil rig count dropped 10 to 599, while the gas rig count slipped two to 158, according to oilfield services firm Baker Hughes.

February 3, 2023

Lease Sales

Marketed: Chevron U.S.A. Fourchon Terminal in Lafourche Parish

Chevron U.S.A. Inc. and its affiliates retained EnergyNet for the sale of the 100% owned and operated Fourchon terminal located in Lafourche Parish, La.

February 3, 2023

Liquefied Natural Gas, Exports

Freeport LNG Seeks US Approval to Restart Loading at Texas Export Plant

"Reinstatement of Dock 1 LNG loading services will allow Freeport to recommence normal LNG ship dockage and loading operations," according to the company's U.S. Federal Energy Regulatory Commission filing.

February 3, 2023

Crude Oil, Shale Plays, Midstream, Pipelines

Pipeline Operator Magellan Says Permian Crude Flows to Houston Will Rise

A surge in U.S. oil exports has pushed more and more barrels of crude from the Permian basin of West Texas and New Mexico to the port of Corpus Christi, the top U.S. oil export hub.

February 2, 2023

Shale Plays, Transactions, Acquisitions & Divestitures

Elk Range Closes Acquisition of Tower Rock’s Permian Royalty Interests

Elk Range Royalties acquired approximately 2,300 net royalty acres in the Permian Basin from Tower Rock Oil and Gas.

February 2, 2023