Onshore
Rig Counts
US Oil Rig Count Falls as Gas Rigs Rise
The oil and gas rig count rose by one to 255 in the week to Sep. 18, energy services firm Baker Hughes Co said in its weekly report.
Gathering & Processing
Sempra Sees Cameron LNG Export Plant in Louisiana Fully Back in Six Weeks
Sempra Energy said on Sept. 18 it expects the Cameron LNG export plant in Louisiana to return to full service in six weeks after lingering power outages from Hurricane Laura have kept it shut since late August.
Exploration & Production
Libya’s Haftar Plans to Lift Oil Blockade
The blockade by eastern forces has cost Libya $9 billion in lost revenue so far this year, the Tripoli-based Central Bank of Libya said this week.
Technology , Gathering & Processing
Wood Secures Kollsnes Gas Processing EPCI Contract from Equinor
Wood has secured a new $42 million contract from international energy company Equinor on behalf of operator Gassco to provide EPCI services at the Kollsnes gas processing plant in Norway, the company said on Sept. 17.
Public Capital , Unconventional , Shale Plays , Acquisitions & Divestitures
EQT Reportedly Bids $750 Million for Chevron’s Appalachia Shale Assets
Chevron is marketing about 800,000 acres in the Marcellus and Utica shale plays of Pennsylvania and neighboring states and a 31% nonoperating interest in Laurel Mountain Midstream.
Rig Counts , Unconventional
Chart: Gulf Coast Rig Count as of September 18, 2020
Arkansas, Louisiana, Mississippi and Texas RRC Dist. 1, 2, 3, 4., 5, 6, inland, offshore
Restructurings , Unconventional , Shale Plays , Acquisitions & Divestitures
Permian Basin Operator Approach Resources Hitches Saddle to New Buyer
Bankrupt Permian operator Approach Resources appears to be headed toward a sale again—albeit for less than two-thirds of the original sales price.
Business , People , Exploration & Production , Shale Plays , Acquisitions & Divestitures
Industry Veteran Ted Williams Joins EnCore Permian as COO
Industry veteran Ted Williams will join EnCore Permian as partner and COO to lead its growing operations department as the Midland, Texas-based company transforms into an E&P company.
Exploration & Production , Health, Safety & Environment , Lease Sales
US Shelves Wyoming BLM Lease Sale Plans over Sage Grouse
BLM will instead sell eight parcels of oil and gas leases on more than 4,000 acres in the southeast corner of Wyoming, not located in sage grouse habitat, through the online auction platform EnergyNet.
Lease Sales
Marketed: C.W. Resources Sale of Overton Field Assets in East Texas
C.W. Resources and CWR retained TenOaks Energy Advisors for the sale of certain operated properties in the Overton Field of East Texas.