Marketed: Interests In EOG-Operated Delaware Basin Properties
Tessara Petroleum Resources retained RedOaks Energy Advisors for the sale of certain nonoperated and ORRI properties located in Loving County, Texas, of the Permian's Delaware Basin.
Best Of This Week’s Drilling Activity Highlights (Jan. 17, 2020)
Continental Resources’ Middle Bakken discovery, extended-lateral Haynesville Shale producers and a Wolfcamp well tested by EOG top this week’s drilling activity highlights from around the world.
Permian Operator Lilis Energy Receives Take-Private Offer
Värde Partners is proposing to acquire the roughly 75% of outstanding shares of Lilis Energy common stock it doesn’t already own in a cash merger transaction.
Best Of This Week’s Drilling Activity Highlights (Jan. 10, 2020)
Austin Chalk producers, Chief Oil & Gas Marcellus wells and a Wolfcamp discovery by EOG top this week’s drilling activity highlights from around the world.
Laredo Petroleum Posts Production Beat, $900 Million Debt Offer
Laredo Petroleum’s operations benefited from improved cycle times and wider-spaced wells above its Upper/Middle Wolfcamp type curve, the company said.
Best Of This Week’s Drilling Activity Highlights (Jan. 3, 2020)
Stack Play Meramec producers, EOG Wolfcamp completions and a Utica Shale well by Ascent Resources tops this week’s drilling activity highlights from around the world.
WPX Makes $2.5 Billion Acquisition Of Felix Energy Official
WPX plans to implement a dividend in conjunction with the Felix acquisition, targeting about $0.10 per share on an annualized basis at initiation.
Laredo Petroleum Tacks On Another Permian Basin Acquisition
Similar to another acquisition made by Laredo Petroleum in the Permian Basin earlier this quarter, the bolt-on in Glasscock County, Texas, continues to shift the company’s production mix toward oil.
Best Of This Week’s Drilling Activity Highlights (Dec. 6, 2019)
EOG's Wolfcamp discoveries; Antero Resources, Utica completion; two Bethany Longstreet Field-Haynesville completions.
Problem Child
Operators are learning the hard way that parent-child well interaction is damaging to both their field developments…and their bottom lines.