Onshore

Exploration & Production , Shale Plays

Permian Basin Production to Recover Completely by 2022: Report

Steady production growth and a positive investment outlook is expected to restore production of the Permian Basin to pre-pandemic levels by next year, according to a latest report by GlobalData.

August 3, 2021

Lease Sales

Marketed: Black Stone Energy Interest in over 6,500 Wells

Black Stone Energy Co. LLC retained EnergyNet for the sale of interests in over 6,500 wells across the U.S. including throughout Arkansas, Kansas, Louisiana, New Mexico, Oklahoma and Texas.

August 3, 2021

Exploration & Production , Shale Plays

Pioneer Natural Resources Warns of Tepid Shale Growth in Coming Years

Pioneer CEO Scott Sheffield anticipates output in the Permian Basin to grow roughly 5%—in line with his own company’s planned production increases—over the coming years.

August 3, 2021

Lease Sales

Marketed: Mammoth Exploration Conventional Permian Basin Footprint

Mammoth Exploration retained RedOaks Energy Advisors for the sale of certain Permian Basin properties concentrated in Andrews and Crane counties, Texas, and New Mexico’s Lea County.

August 3, 2021

Legislation , International , Infrastructure , Pipelines

US, European Lawmakers Issue Statement Opposing Nord Stream 2

President Joe Biden and German Chancellor Angela Merkel last month reached an agreement that allows the pipeline that will take Russian gas to Germany to proceed.

August 3, 2021

Public Capital , Energy Transition , Shale Plays

Vine Energy Aims for Haynesville First through RSG Partnership

Plano, Texas-based Vine Energy aims to become the first natural gas producer in the Haynesville Basin to certify 100% of its assets as “responsibly sourced” through an agreement with Project Canary.

August 2, 2021

Public Capital , Earnings , Exploration & Production , Shale Plays

Diamondback, Continental, Pioneer’s Earnings Lifted by Higher Oil Prices

While Diamondback Energy and Continental Resources beat Wall Street profit estimates, Pioneer Natural Resources only met expectations, but declared an inaugural variable dividend to be paid during the third quarter.

August 2, 2021

Rig Counts , Shale Plays

Hart Energy Unconventional Activity Tracker (Week of Aug. 2, 2021)

Out of the major U.S. shale plays, the rig count in the Denver-Julesburg and Gulf Coast basins has increased the most, according to Enverus Rig Analytics.

August 2, 2021

Lease Sales

Marketed: Endeavor Energy Resources Permian Basin Package

Endeavor Energy Resources retained EnergyNet for the sale of a Permian Basin package comprising operations in 20 wells in Schleicher County, Texas.

August 2, 2021

Natural Gas , Construction , Pipelines

Mexico Strikes Pact with Canada's TC Energy for Natural Gas Pipeline

The new pipeline in the south will start in Tuxpan in the Mexican state of Veracruz and run by sea to link with the Mayakan pipeline in the states of Campeche and Tabasco.

August 2, 2021