The Latest
Completions
Top Bakken Producer Turns To Cold Bore SmartPAD To Digitize Completion Operations
Cold Bore Technology Inc., a leader in fracking completion optimization technology that secured its second round of funding by Rice Investment Group back in 2018, said Jan. 22 that one of the largest oil producers in North Dakota’s Bakken Formation has integrated the company’s proprietary SmartPAD technology.
Trends
Energy A&D Transactions From The Week Of Jan. 22, 2020
Here’s a snapshot of energy deals from the past week including the closing of the $1.7 billion all-stock merger of PDC Energy and SRC Energy plus a Midland Basin mineral acquisition.
Construction, Pipelines
Centurion Pipeline Completes Open Season For Augustus Pipeline
Crude line connects the company’s Midland Terminal to long-haul pipes originating at Crane, Texas.
Unconventional, Top IP Wells, Shale Plays
Updated: Top 12 IP Wells In The Bakken
January 2020: Middle Bakken Discovery Produces 10.635 Mbbl Of Oil, 25.6 MMcf Of Gas Per Day
Lease Sales
On The Market Oil And Gas Quicklist (Week Of Jan. 22, 2020)
Here’s a quicklist of oil and gas assets on the market including “SOHOT” asset packages from Marathon Oil in Oklahoma plus a Merit Energy Powder River Basin waterflood asset.
Lease Sales
Marketed: Company Seeking Shale Play Minerals, Royalties
Energy Advisors Group is assisting a mineral and royalty holding company seeking acquisitions of any size in the major U.S. basins especially in plays such as the Permian Basin, Haynesville and Utica/Marcellus.
Unconventional, Natural Gas, Crude Oil, Shale Plays
US Shale Oil, Natgas Production Growth To Hit Slowest In A Year
U.S. oil production from seven major shale formations is expected to rise about 22,000 barrels per day next month, which would be the smallest monthly increase since shale output declined in February 2019.
Lease Sales
Marketed Montney Water Disposal Business In British Columbia
Energy Advisors Group's Canadian office is assisting Canada Energy Partners in the sale of its water disposal well and associated assets in Northeast British Columbia.
Gathering & Processing, Construction
Enterprise Begins Service At Mentone Processing Plant
The new plant will support growth in the Delaware Basin.
Public Capital, Exploration & Production, Shale Plays, Digital Oilfield
Concho, Enverus Debut New Cost-Saving Product For Shale Producers
Concho Resources and Enverus teamed up to launch a new product on Jan. 21 that could save shale producers possibly hundreds of millions of dollars.