Occidental Petroleum Agrees to $1.33 Billion Sale of Rockies Assets
The sale, which doesn’t include Occidental Petroleum’s core oil and gas assets in the Rockies, significantly advances the progress of the $2 billion-plus divestiture target the company set for 2020, CEO Vicki Hollub says.
TGS Gears Up For 3D Seismic Survey in Powder River Basin
TGS, a leading provider of multiclient geoscience data for E&P companies, on Aug. 12 announced a new multiclient U.S. onshore 3D seismic survey within the Powder River Basin called Voyager 3D.
On the Market Oil and Gas Quicklist (Week of Aug. 5, 2020)
Here’s a quicklist of oil and gas assets on the market including the sale of operated positions in the Permian and Illinois basins by Tamarack Petroleum plus Chevron’s Carter Knox Field asset located in Oklahoma’s Grady and Stephens counties
On the Market Oil and Gas Quicklist (Week of July 29, 2020)
Here’s a quicklist of oil and gas assets on the market including the sale of Blackbeard Operating’s position in the Western Anadarko Basin of Oklahoma including more than 50,000 net acres, 100% HBP, in legacy fields.
On the Market Oil and Gas Quicklist (Week of July 22, 2020)
Here’s a quicklist of oil and gas assets on the market including the sale of Maverick Natural Resources properties in Indiana and Kentucky plus South Texas mineral acreage in Dimmit County leased by Freedom Eagleford.
Marketed: Nonoperated Working Interest Package, Converse County, Wyoming
The Oil & Gas Asset Clearinghouse said it is partnering with 83 Energy to market a nonoperated working interest package comprising three wells in Wyoming's Converse County.
Minerals Stocks: Tarnished Crown?
Minerals and royalties companies, favored by investors for the past few years, are now facing their first real test as the pandemic exposes their reliance on E&Ps to generate revenue.
Private Reserves: An Outlook from Private Oil Producers
Zero- and lightly levered private operators throughout U.S. oil basins are on the lookout to buy—and not just where they operate currently. These five producers—in Wyoming, Oklahoma, Colorado and South Texas—share their plans.
Best of This Week’s Drilling Activity Highlights (July 2, 2020)
Powder River Basin Niobrara Shale well completed by EOG Resources in Wyoming’s Converse County plus LLOG Exploration’s results from a U.S. Gulf of Mexico discovery top this week’s drilling activity highlights from around the world.
US Shale Pioneer Chesapeake Energy Files for Chapter 11 Bankruptcy
“We are fundamentally resetting Chesapeake’s capital structure and business to address our legacy financial weaknesses and capitalize on our substantial operational strengths,” CEO Doug Lawler said in a statement.