Austin Chalk
Magnolia Oil & Gas Appoints New CEO as Stephen Chazen Steps Down for Health Reasons
Effective immediately, Magnolia Oil & Gas on Sept. 21 named Christopher Stavros, the company’s CFO, as president and CEO. The company said Stephen Chazen will no longer be able to serve in his positions due to serious health reasons.
SilverBow Resources Adds New Webb County Position for $50 Million
The new position in the dry gas Dorado play doubles SilverBow’s current Webb County acreage in South Texas, which now totals 15,000 acres with an estimated drilling inventory exceeding 200 gross locations.
White River Successfully Completes Workover Project in Austin Chalk Formation
White River Operating was able to complete its workover project by flushing out blockage from the well's vertical casing and installing artificial lift features.
On the Market Oil and Gas Quicklist (Week of Aug. 10, 2022)
Here’s a quicklist of oil and gas assets on the market including a Stout Energy operated sale package in the Permian Basin in Winkler and Andrews counties, Texas, plus core Haynesville overriding royalty interest.
On the Market Oil and Gas Quicklist (Week of Aug. 3, 2022)
Here’s a quicklist of oil and gas assets on the market including a Sabine Oil and Gas Upton County, Texas property package plus a KONA Oil & Gas nonoperated multibasin opportunity concentrated in top resource plays throughout the Lower 48.
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.
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.
APA Corp. Warns Q2 Oil Volumes to Miss Forecast
Around 4,000 boe/d of the shortfall is associated with the performance of nonoperated wells, while the rest is due to mixed results from wells that came online during the quarter in the Austin Chalk region in southeast Texas.
On the Market Oil and Gas Quicklist (Week of July 13, 2022)
Here’s a quicklist of oil and gas assets on the market including Founders Oil and Gas operated Central Basin Platform assets plus a McCamey Permian Basin mineral divestiture.
Marketed: Saka Fasken Nonop Dry Gas Properties, Webb County, Texas
Saka Fasken LLC retained Detring Energy Advisors for the sale of nonoperated properties located in Webb County, Texas, in the core of the dry gas Eagle Ford and Austin Chalk fairway.