Stratas Advisors conducts a game of trivia on 2018 unconventional resources dealing with production, drilling and field activity in U.S. shale.
From the biggest operators with multinational portfolios to basin-specific smaller producers with motivation to grow. Investor showcases the 50 most-valued U.S. independents.
Crude production in the U.S. rose 79,000 barrels per day in October to 11.537 million barrels per day, the EIA said in a monthly report.
Overall, 2018 was the Year of Consolidation as several E&Ps agreed to merge throughout the U.S., including inside and outside the prolific Permian Basin.
Stratas Advisors shares thoughts on this year’s exploration and development activity.
James Hackett has been named interim CEO at Alta Mesa and the leadership team of private equity portfolio advisory firm Meridian Energy will fill out the remaining C-Suite positions.
Riviera Resources, which formed this year through a spinoff from Linn Energy, said it agreed to sell its roughly 37,000 net-acre position in the Arkoma Basin.
Multiple methods can be put into place to protect pipelines and other assets.
Addressing these issues has become a priority for many operators and service companies as they work to overcome adverse perceptions of their own industry.
Oil and gas producers are increasingly under siege by investors—activists and otherwise, most recently targeting Denbury Resources’ purchase of Penn Virginia.