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.
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.
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.
Gas output in the Permian Basin and the Haynesville Shale in Texas, Louisiana and Arkansas will also rise to record highs in August, according to the EIA.
Water in and out as well as hydrocarbon transport sustain new completion techniques for U.S. shale producers.
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.
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.
Tellurian agreed to pay up to $132.5 million, which includes a continent payment, to purchase natural gas assets from EnSight IV Energy Partners located in the core of the Haynesville Shale.
The U.S. hydraulic fracturing sector continues to push the pace, paving the way for greener solutions for shale oil and gas producers.
Here’s a snapshot of recent energy deals including Ring Energy’s acquisition of Stronghold in the Permian Basin for up to $465 million and the closing of Whiting and Oasis Petroleum’s $6 billion merger.