The Latest
Rig Counts, Unconventional
Chart: Gulf Coast Rig Count as of October 23, 2020
Arkansas, Louisiana, Mississippi and Texas RRC Dist. 1, 2, 3, 4., 5, 6, inland, offshore
Rig Counts, Unconventional
Chart: Western Rig Count as of October 23, 2020
California, Colorado, Idaho, Montana, Nebraska, Nevada, New Mexico, North Dakota, Utah and Wyoming
Rig Counts, Unconventional
Chart: Midcontinent, Permian Basin Rig Count as of October 23, 2020
Kansas, Oklahoma, Texas Dist. 7B, 7C, 8, 8A, 9, 10
Public Capital, Shale Plays, Acquisitions & Divestitures, Mergers
Shale Gas Producer EQT Reportedly Seeking to Buy CNX Resources
EQT had recently sent a takeover proposal to rival CNX Resources, a report said, adding that no final decision has been made.
Lease Sales
Marketed: Eagle Ford Shale ORRI Package, Burleson County, Texas
Clear Fork Royalty Fund LP retained EnergyNet for the sale of an overriding royalty interest package in the Eagle Ford Shale in Burleson County, Texas, through an auction closing Oct. 29.
Highlights, Shale Plays
E&P Plus: October 2020 US Drilling Activity Highlights
Check out the latest oil and gas drilling activity highlights across the U.S. featured in the October issue of E&P Plus including Chesapeake Energy Marcellus Shale discoveries plus a Wolfcamp well tested by Occidental Petroleum in New Mexico’s Eddy County.
Lease Sales
Marketed: Bellatorum Resources Permian Basin Royalty Asset Packages
Bellatorum Resources retained EnergyNet for the sale of Permian Basin royalty assets in Glasscock and Howard counties, Texas, through an auction closing Nov. 10.
Acquisitions & Divestitures, Trends, Mergers
Energy A&D Transactions from the Week of Oct. 21, 2020
Here’s a snapshot of recent energy deals including a wave of upstream mergers in the Permian Basin that saw ConocoPhillips agreeing to acquire Concho Resources and Pioneer Natural Resources buying Parsley Energy.
Lease Sales
On the Market Oil and Gas Quicklist (Week of Oct. 21, 2020)
Here’s a quicklist of oil and gas assets on the market including Lime Rock Resources nonop working interest assets in the core of the Williston Basin plus a Haynesville Shale/Cotton Valley opportunity from Mammoth Minerals.
Public Capital, Exploration & Production, Shale Plays, Acquisitions & Divestitures, Mergers
Pioneer Natural Resources to Acquire Parsley Energy in All-stock Merger
The merger of the two shale producers, both Permian Basin pure-plays, follows a growing wave of consolidation, which Enverus’ Andrew Dittmar described as a “historic winnowing of U.S.-based independent E&P companies.”