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.

September 15, 2020

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%.

September 15, 2020

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.

September 14, 2020

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.

September 14, 2020

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.

September 14, 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.

September 14, 2020

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.

September 14, 2020

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.

September 11, 2020

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.

September 11, 2020