The Latest
Lease Sales
Marketed: Urban Oil & Gas Acquisition Opportunity
Urban Oil & Gas Group engaged Anderson King Energy Consultants as its exclusive adviser in connection with the sale of certain operated producing properties primarily in the Ark-La-Tex and Midcontinent region.
Rig Counts, Unconventional, Shale Plays
Hart Energy Unconventional Activity Tracker (Week of Sept. 14, 2020)
The U.S. rig count rose by seven in the last week to 284. However, the count of oil and gas rigs operating remains down year-over-year by 69%.
Infrastructure, Health, Safety & Environment, Construction, Pipelines
Pennsylvania Orders Sunoco to Reroute Section of Mariner East 2
NGL pipe’s spill could its upgrade.
Unconventional, Shale Plays
US Shale Oil Output Forecast to Drop To 7.64 Million Barrels Per Day in October
Output at every formation is expected to fall in October, except the Permian Basin of Texas and New Mexico.
Public Capital, Shale Plays, Pipelines
Equitrans Considers Options Against EQT in Pipeline Dispute
Equitrans said that the 1.6 Bcf/d Hammerhead pipeline was, however, placed in-service on Aug. 1, after being completed and injected with initial line-pack—gas stored in a pipeline—provided by EQT in July.
Digital Oilfield, Logistics
Shell Partners with Baker Hughes for Methane Detection in Permian Basin
SWEPI LP (Shell) reached an agreement with Avitas, a Baker Hughes venture, to expand the use of drones to enhance its existing methane leak detection and repair (LDAR) program in the Permian Basin in July 2020.
Company Profiles, Exploration & Production, Water Management, Midstream
Water Solutions: Going with the Flow
Water midstream companies are navigating the market downturn alongside E&Ps, eyeing possible opportunities ahead.
Unconventional, Shale Plays, Joint Ventures
Ecopetrol Aims to Drill 100 Wells in Permian Basin by End-2021
Colombian oil company Ecopetrol, which entered a joint venture in the Permian Basin with Occidental Petroleum in November 2019, said it plans to drill another 22 wells this year.
Lease Sales
Marketed: Parsley Energy Big Tex Asset, Pecos County, Texas
Parsley Energy retained EnergyNet Indigo for the sale of its Big Tex asset located within the Permian Basin in Pecos County, Texas, through a sealed-bid offering closing Oct. 15.
Highlights, Shale Plays
Best of This Week’s Drilling Activity Highlights (Sept. 11, 2020)
A Marcellus Shale discovery by Southwestern Energy in West Virginia’s Ohio County plus Occidental Petroleum completes Wolfcamp producers in the Purple Sage Field top this week’s drilling activity highlights from around the world.