QEP Knocks Down Three Deals In Midcontinent And Williston
The deal involves five companies, including Devon, Cimarex and the FourPoint Energy/EnerVest JV.
Costilla Resources To Sell Granite Wash Acreage In Texas Panhandle
Meagher Energy Advisors is assisting Costilla with the sale of about 4,019 net acres with 75% net revenue interest in Hemphill and Roberts counties, Texas.
Sabine Oil & Gas Announces Fourth Quarter, Full Year 2013 Results
Production volumes during the three months ended December 31, 2013 were 19.4 Bcfe, an increase of 8.4 Bcfe or approximately 77% from fourth quarter 2012 production.
DCP Midstream: Product Must Be Moved To Gulf Coast To Compete Globally
Company expects to see growth of 100,000 barrels per day of NGL production, according to DCP's Bradsby.
Midcontinent A&D Thrives
The Midcontinent region of the US has always played a key role in the domestic supply of US crude oil and natural gas.
A&D Market In The Panhandle Plays Remains Fluid
Relatively low well costs in the plays drive high return rates, making the region attractive to buyers.
Driven By Granite Wash & Wilcox, Unit Corp. Sees 5% Production Growth In Fourth Quarter
Total liquids (oil and NGLs) production increased 21% over the comparable quarter of 2012.
Anadarko Basin Player Jones Energy Projects 30% Production Growth In 2014
Cleveland proved reserves increased 42% from year-end 2012 to 57.5 MMBoe; additions replaced production by 558% (307% through the drill-bit)
Panhandle Activity Highlights: February 2014
While drilling activity and production remains at a steady clip, several operators have made significant land transactions.An undisclosed private entity acquired Jones energy Inc’s producing and undeveloped oil and gas assets in company’s core Cleveland, Tonkawa and Marmaton plays.In late 2013, Forest Oil Corp sold its Texas Panhandle oil and gas assets to Templar Energy LLC for $1.0 billion.Chaparral Energy Inc acquired Cabot Oil & Gas’ assets in the Marmaton play for $160.1 million, with approximately 450 drilling locations in the Oklahoma and Texas panhandle area.Apache has built an approximate...
QEP Puts 160,000 Net Acres Up For Sale In Cana-Woodford, Granite Wash Exit
Net production is 103 million cubic feet equivalent per day, of which 39% is liquids.