Gas Producer BKV to Buy Texas Power Plant for $430 Million
U.S. shale producer BKV Corp. is acquiring a Texas power generator for $430 million in a move that leverages its gas production to generate electricity, the company said on Aug. 11.
On the Market Oil and Gas Quicklist (Week of Aug. 11, 2021)
Here’s a quicklist of oil and gas assets on the market including a Battalion Oil Bakken Shale package plus operated conventional Williston Basin assets and royalty acreage for sale concentrated in the core of the D-J Basin.
Hart Energy Unconventional Activity Tracker (Week of Aug. 9, 2021)
According to Enverus Rig Analytics, the U.S. rig count increased by seven in the last week. The number of active rigs is up 5% in the last month and up nearly 99% year-over-year.
Best of This Week’s Drilling Activity Highlights (Aug. 6, 2021)
In this week’s best of activity highlights, Aramco announces new field discovery, two Marcellus Shale completions in Wetzel County, W. Va., and two new Niobrara producers in Colorado’s Weld County.
On the Market Oil and Gas Quicklist (Week of Aug. 4, 2021)
Here’s a quicklist of oil and gas assets on the market including core Williston Basin assets from Gulfport Energy plus Mammoth Exploration’s conventional Permian Basin footprint and Black Stone Energy interest in over 6,500 wells.
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.
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.
Archrock Sells Certain Horsepower Operating Assets to PE-backed Park
The acquisition of “certain lower horsepower operating assets” from Archrock will enhance Park Energy Services’ strategic position in South Texas and Pennsylvania, the Oklahoma City-based company said.
On the Market Oil and Gas Quicklist (Week of July 28, 2021)
Here’s a quicklist of oil and gas assets on the market including a Rockcliff Energy package of long-lived conventional production in East Texas plus the sale of an undivided 50% in BHCH Mineral’s legacy mineral and royalty portfolio.
Hart Energy Unconventional Activity Tracker (Week of July 26, 2021)
The largest increases to the rig count in the last week were in the Permian Basin and Anadarko Basin.