The Latest
Restructurings, Public Capital, Exploration & Production, Shale Plays
Rosehill Resources to Join Growing Number of E&P Bankruptcies
“After exploring all strategic and financial options available to Rosehill,” CEO David French said the company agreed to a restructuring plan with its major creditors, which includes filing for Chapter 11 bankruptcy, .
Lease Sales
Marketed: Blackbeard Operating South Texas Regional Exit
Blackbeard Operating retained TenOaks Energy Advisors as its exclusive adviser in connection with the sale of its operated properties in South Texas as part of a regional exit.
Highlights, Shale Plays
Best of This Week’s Drilling Activity Highlights (July 2, 2020)
Powder River Basin Niobrara Shale well completed by EOG Resources in Wyoming’s Converse County plus LLOG Exploration’s results from a U.S. Gulf of Mexico discovery top this week’s drilling activity highlights from around the world.
Construction, Pipelines
Sources: Energy Transfer Invokes Force Majeure on DAPL Expansion
Customers say the project is not necessary with Bakken production way down.
Company Profiles, Shale Plays, Water Management, Midstream
PATH FORWARD: CEO Justin Love on Blackbuck Resources’ Unique Position
Blackbuck Resources CEO Justin Love says a unique background and being debt-free has allowed opportunities for the Houston-based midstream company through this tumultuous time.
Unconventional, Top IP Wells
Updated: Top 12 IP Wells in Niobrara Shale
July 2020: Niobrara Completion In Converse County Flows 1.528 Mbbl of Oil, 3.023 MMcf/d.
Unconventional, Shale Plays
Research Points to Hidden Opportunities in Permian Basin
Some wells in the Permian’s Delaware sub-basin can clear a ‘10% half-cycle hurdle rate even with WTI below US$30/bbl,’ Wood Mackenzie says.
Acquisitions & Divestitures, Trends
Energy A&D Transactions from the Week of July 1, 2020
Here’s a snapshot of recent energy deals including a $5 billion divestiture by BP as the London-based major shifts its focus to low-carbon energy.
Lease Sales
On the Market Oil and Gas Quicklist (Week of July 1, 2020)
Here’s a quicklist of oil and gas assets on the market including an operated working interest package that includes producing Barnett Shale wells.
Lease Sales
Marketed: Operated Working Interest Package across Multiple Texas Counties
IPR Energy Partners LLC retained Oil & Gas Asset Clearinghouse LLC for the sale of an operated working interest package across multiple Texas counties that includes production from the Barnett Shale.