Onshore
Exploration & Production , Acquisitions & Divestitures
Australia’s Otto Energy Acquires Interest in South Texas Wells
Otto Energy agreed to participate in two exploration prospects located onshore Texas in Colorado and Lavaca counties testing the Wilcox play.
Lease Sales
Marketed: Operated Working Interest in Weld County, Colorado
Nickel Road Operating retained Oil & Gas Asset Clearinghouse for the sale of its operated working interest in Colorado’s Weld County located within the western Wattenberg Field oil rim.
Digital Oilfield , Completions , Logistics
Clariant Opens State-of-the-art Eagle Ford Technology Center
Investment in the new Eagle Ford site will enhance local innovation and industry sustainability efforts in the dynamic North American market.
Private Equity , Shale Plays , Acquisitions & Divestitures
NGP’s Elk Range Royalties Acquires Core Permian Basin Position
Elk Range Royalties recently said it acquired certain Permian Basin royalty interests from an undisclosed seller evenly split between the Delaware and Midland basins.
Rig Counts , Shale Plays
Hart Energy Unconventional Activity Tracker (Week of Oct. 18, 2021)
The Permian Basin led the way in the increase, adding seven rigs in the last week to reach 241, while Appalachia and the Gulf Coast also gained rigs. The Williston Basin had the largest drop though.
Energy Transition , Technology
Woodside Collaborates with Bill Gates-backed Heliogen on Solar Project
Heliogen has been granted a Limited Notice To Proceed by Woodside to begin procurement of key equipment for a 5 megawatt (MW) commercial-scale demonstration facility in California.
Shale Plays , Acquisitions & Divestitures , Joint Ventures , Gathering & Processing
Diamondback’s Rattler Midstream Acquires $104 Million Stake in Midland Basin JV
Rattler Midstream acquired a minority interest in a gas gathering and processing JV servicing the Midland Basin where Diamondback Energy is deploying a majority of its development capital.
Lease Sales
Marketed: Chisholm Oil & Gas STACK Nonop Opportunity
Chisholm Oil & Gas retained Stephens Inc. for the sale of a nonoperated opportunity in the STACK play of Oklahoma, the majority of which is located in Kingfisher County.
Lease Sales
Marketed: Jetstream Royalty Partners Delaware Basin Position
Jetstream Royalty Partners retained TenOaks Energy Advisors as its exclusive adviser in connection with the sale of its Delaware Basin royalty properties in New Mexico and West Texas.
Rig Counts , Unconventional
Chart: Gulf Coast Rig Count as of October 15, 2021
Arkansas, Louisiana, Mississippi and Texas RRC Dist. 1, 2, 3, 4., 5, 6, inland, offshore