The Latest

Public Capital

Occidental Petroleum Sued by Investors over Anadarko Merger

Occidental Petroleum has been sued by investors who claim they suffered billions of dollars of losses because the heavily indebted company concealed its inability to weather plunging oil prices.

May 27, 2020

Acquisitions & Divestitures

Energy A&D Transactions from the Week of May 27, 2020

Here’s a snapshot of recent energy deals including the closing of EQT’s $125 million asset sale in Appalachia to Diversified Gas & Oil.

May 27, 2020

Lease Sales

Marketed: Permian Basin Royalties Operated by Diamondback Energy Affiliate

US Mineral Exchange has been retained for the sale of Permian Basin royalties in Reeves County, Texas, operated by an affiliate of Diamondback Energy Inc.

May 27, 2020

Lease Sales

On the Market Oil and Gas Quicklist (Week of May 27, 2020)

Here’s a quicklist of oil and gas assets on the market including a Permian Basin package of Wolfcamp Shale assets located in Reeves County, Texas, being sold by Victerra Energy.

May 27, 2020

Public Capital

EQT Closes $125 Million Asset Sale to Diversified Gas & Oil

Additionally, EQT decided to temporarily curtail approximately 1.4 Bcfe/d of gross production, equivalent to roughly 1 Bcfe/d of net production.

May 26, 2020

Acquisitions & Divestitures

A&D Trends: Climate for Oil Deals at Historic Low

Negative oil futures aren’t the only drag on deals. History, replete with examples of how to deal with bad times, is being made right now.

May 26, 2020

Exploration & Production

Trump Policy Favoring Drilling over Sage Grouse Protection Thrown Out

The order was the latest legal blow to U.S. President Donald Trump's effort to increase oil and gas production on federal lands by rolling back environmental regulation.

May 26, 2020

Lease Sales

Marketed: Permian Basin/Wolfcamp Shale Package, Reeves County

Victerra Energy retained EnergyNet for the sale of a Permian Basin/Wolfcamp Shale package located in Reeves County, Texas, through an auction closing June 10.

May 26, 2020

Exploration & Production

US Drilling Industry Says Offshore Ban Would Crush Jobs, Government Revenues

Biden has said that moving away from fossil fuels would pave the way for big job gains in renewable energy.

May 26, 2020

Business

PATH FORWARD: Opportune’s David Baggett on Survival Tactics for Oil Downturn

David Baggett, founder and managing partner of Opportune, says oil and gas companies are focused on short-term survival and lowering costs, which can already be seen by massive capex cuts among producers and the historic plunge in rig counts.

May 26, 2020