Best of This Week’s Drilling Activity Highlights (Oct. 2, 2020)
An Eagleville Field-Eagle Ford Shale well completed by Devon Energy plus two Wolfcamp discoveries reported in Reeves County, Texas, top this week’s drilling activity highlights from around the world.
Energy A&D Transactions from the Week of Sept. 30, 2020
Here’s a snapshot of recent energy deals including the all-stock merger of Devon and WPX Energy set to create a leading shale oil producer with a dominant acreage position in the Permian Basin.
On the Market Oil and Gas Quicklist (Week of Sept. 30, 2020)
Here’s a quicklist of oil and gas assets on the market including the sale of a package of operated Eagle Ford Shale assets in Karnes County, Texas, from Summit Discovery plus a Wolfcamp Shale opportunity in New Mexico’s Lea County.
Shale Producer Oasis Petroleum Files for Bankruptcy
"Due to historically low global energy demand and commodity prices, we determined it is best for Oasis Petroleum to take decisive action to strengthen our liquidity," CEO Thomas Nusz says.
US Shale Producers Devon, WPX Energy Agree to All-stock Merger
The combined company, which will be named Devon Energy, will create a leading unconventional oil producer in the U.S. with a dominant Delaware Basin acreage position.
Marketed: Ridge Runner Resources Wolfcamp Shale Permian Basin Assets
Ridge Runner Resources Operating retained EnergyNet for the sale of a Wolfcamp Shale opportunity in the Permian Basin through a sealed-bid offering comprised of properties located in New Mexico’s Lea County.
Best of This Week’s Drilling Activity Highlights (Sept. 25, 2020)
Wolfcamp Shale wells completed by Occidental Petroleum in the Permian Basin’s Purple Sage Field plus Equinor’s results from an oil discovery offshore Canada in the Flemish Pass top this week’s drilling activity highlights from around the world.
Energy A&D Transactions from the Week of Sept. 23, 2020
Here’s a snapshot of recent energy deals including the $115.5 million sale of Permian Basin operator Approach Resources through a bankruptcy auction plus a new JV targeting the Wolfcamp Shale.
Best of This Week’s Drilling Activity Highlights (Sept. 18, 2020)
XTO Energy’s results from a Wolfcamp Shale completion in Loving, Texas, plus an oil and gas discovery announced by BP in the Gulf of Mexico top this week’s drilling activity highlights from around the world.
Permian Basin Operator Approach Resources Hitches Saddle to New Buyer
Bankrupt Permian operator Approach Resources appears to be headed toward a sale again—albeit for less than two-thirds of the original sales price.