Energy A&D Transactions from the Week of Jan. 6, 2021
Here’s a snapshot of recent energy deals including the closing of Cenovus Energy’s nearly $5 billion acquisition of Husky plus a $215 million deal in the Powder River Basin.
On the Market Oil and Gas Quicklist (Week of Jan. 6, 2021)
Here’s a quicklist of oil and gas assets on the market including the sale of a mineral listing totaling 6,299.73 net mineral acres in Wyoming’s Campbell County.
Judge Denies Effort to Stop Arctic Refuge Drilling Auction
Environmental groups had sought a preliminary injunction against drilling in the Arctic National Wildlife Refuge.
Last-minute White House Decision Opens More Arctic Land to Oil Leasing
The plan allows oil development on about 80% of the National Petroleum Reserve in Alaska.
Year in Review: Best of Drilling Activity Highlights for 2020
Multiple discoveries by Occidental in New Mexico’s Eddy County, EOG Eagle Ford, Permian Basin and Niobrara completions plus Exxon Mobil boosts the resource potential for its development offshore Guyana top drilling activity highlights from around the world in 2020.
Rosneft Buys Huge Oil Field in Russian Arctic
In a regulatory disclosure, Rosneft said it had bought Taymyrneftegaz, the company controlled by Rosneft's ex-chief Eduard Khudainatov which owns the huge Payakha oil field, for an undisclosed sum.
Energy A&D Transactions from the Week of Dec. 23, 2020
Here’s a snapshot of recent energy deals including a duo of acquisitions by Diamondback Energy valued at over $3 billion plus the closing of Hilcorp’s $5.6 billion BP Alaska acquisition and a Permian Basin deal by Earthstone Energy.
On the Market Oil and Gas Quicklist (Week of Dec. 23, 2020)
Here’s a quicklist of oil and gas assets on the market including the sale of horizontal Marcellus wellbore-only interests in Pennsylvania’s Butler and Armstrong counties in two sub-packages by Winfield Resources.
Greenpeace Loses Norway Supreme Court Case over Arctic Oil
Norway’s Supreme Court approved the government’s plans for Arctic oil exploration on Dec. 22, dismissing a lawsuit by campaigners who claimed the scheme violated people’s right to a healthy environment.
Hilcorp Completes Multibillion-dollar BP Alaska Acquisition
Last year, BP agreed to sell all its Alaskan properties, including interests in the most prolific oil field in U.S. history at Prudhoe Bay, and the Trans Alaska Pipeline, to Hilcorp Energy.