On the Market Oil and Gas Quicklist (Week of July 27, 2022)
Here’s a quicklist of oil and gas assets on the market including a BLM Nevada geothermal lease sale covering roughly 232,500 acres plus an Eagle Resources Group Mississippi Lime package.
Horsepower, Sand Supply Limits Suggest Tight Frac Market
Additional horsepower capacity will come online later this year, but it may not be enough to bridge the gap to projected demand in the frac market.
Energy A&D Transactions from the Week of July 20, 2022
Here’s a snapshot of recent energy deals including the acquisition by ConocoPhillips of a stake in a Texas LNG project plus a $307 million stock-for-stock deal by Houston’s VAALCO Energy.
On the Market Oil and Gas Quicklist (Week of July 20, 2022)
Here’s a quicklist of oil and gas assets on the market including an Abraxas Petroleum Delaware Basin opportunity in Pecos County, Texas, plus an Excess Energy multibasin royalty divestiture.
Blackbuck Resources Announces Expansion of Sustainability-linked Financing
Blackbuck's upsized financing provides the company with additional liquidity to execute on accretive growth resulting from recently signed contracts centering around its Midland and Delaware Basin platforms.
Marketed: Excess Energy Multibasin Royalty Divestiture
Excess Energy LLC retained RedOaks Energy Advisors for the sale of certain royalty properties located across multiple basins including the Eagle Ford Shale, the Permian Basin and East Texas.
Midstream Capacity Key to Surging Shale Production
Water in and out as well as hydrocarbon transport sustain new completion techniques for U.S. shale producers.
Marketed: Abraxas Petroleum Delaware Basin Opportunity, Pecos County, Texas
Abraxas Petroleum Corp. retained EnergyNet for the sale of a Delaware Basin opportunity in Pecos County, Texas, through a sealed-bid offering.
New Realities Change the Face of Frac Water Use
Reusing produced water for frac jobs can improve production and ease the need for freshwater supplies, while also reducing demand for disposal wells.
Energy A&D Transactions from the Week of July 13, 2022
Here’s a snapshot of recent energy deals including ArcLight’s sale of LOGOS for $402 million and Tellurian’s $125 million acquisition of EnSight plus Haymaker acquires a large-scale portfolio valued over $100 million.