Rig Counts , Unconventional , Shale Plays

Hart Energy’s Unconventional Activity Tracker (Week of March 30, 2020)

We’ve entered the Tom Petty zone of rig count decline. Talk to drilling contractors and they report business is Free Falling, Free Falling. Tight formation rig count dropped 39 this past week, including 22 in the Permian, five in the Eagle Ford and six in Oklahoma’s Anadarko Basin.

March 30, 2020

Private Equity , Exploration & Production , Shale Plays , Acquisitions & Divestitures

Percussion Petroleum Re-ups with Carnelian Following Successful 2019 Sale

Percussion Petroleum II will pursue the same acquisition and development strategy as its predecessor, which sold its position in the Permian Basin’s Northwest Shelf to Spur Energy Partners in mid-2019.

March 30, 2020

Exploration & Production , Shale Plays , Completions , Water Management , Acquisitions & Divestitures , Trends , Midstream

Water Midstream Consolidation Trends Likely to Continue

With returns in question, oil and gas operators look to divest cost-prohibitive operations.

March 30, 2020

Influential Women , Unconventional , Shale Plays

Women in Energy: Eileen Perillo, Shell

Today’s featured 25 Influential Women in Energy honoree is Eileen Perillo, vice president of finance for unconventionals at Shell USA Co.

March 30, 2020

Public Capital , Unconventional , Shale Plays

Laredo Petroleum Receives NYSE Continued Listing Notice

Laredo Petroleum began this year with its common stock trading around $2.76 per share but has since seen its stock price nosedive by roughly 87%.

March 30, 2020

Restructurings , Public Capital , Unconventional , Shale Plays

Chaparral Energy Reportedly Working with Debt Restructuring Advisers

Chaparral Energy has hired financial advisers for advice on how to improve its balance sheet, sources said, adding that no debt restructuring move is imminent.

March 30, 2020

Lease Sales

Marketed: Noble Energy Producing Property Package, Various Texas Counties

Noble Energy retained EnergyNet for the sale of a package of producing assets located in various Texas counties through an auction closing April 30.

March 27, 2020


Best Of This Week’s Drilling Activity Highlights (March 27, 2020)

A high-volume Wolfcamp producer by EOG in Loving County, Texas, and results from a Utica Shale well test in Ohio top this week’s drilling activity highlights from around the world.

March 27, 2020

Rig Counts , Unconventional

Chart: Gulf Coast Rig Count As Of March 27, 2020

Arkansas, Louisiana, Mississippi and Texas RRC Dist. 1, 2, 3, 4., 5, 6, inland, offshore

March 27, 2020

Exploration & Production , Health, Safety & Environment , Emissions , Shale Plays , Technology

E&P Market Intelligence: Stimulation Fleet of the Future

Reduced emissions and lower operating costs are objectives for the stimulation fleet of the future.

March 26, 2020