Well Permits Fall to Lowest Point Since Start of Pandemic
January’s total permit count for oil and gas wells in the U.S. is the second-lowest in the last 10 years.
Marketed: Momentum Minerals Multibasin Assets Opportunity
Momentum Minerals retained Tudor, Pickering, Holt & Co. (TPH) to seek proposals for the sale of mineral assets in the Permian, South Texas, Haynesville and Williston basins.
On the Market Oil and Gas Quicklist (Week of Feb. 16, 2022)
Here’s a quicklist of oil and gas assets on the market including Arkoma Drilling Delaware Basin nonoperated working interest, Elephant Oil & Gas Powder River Basin production and leasehold plus more.
Marketed: Pedernales Petroleum East Texas, Northern Louisiana Divestiture
Pedernales Petroleum retained RedOaks Energy Advisors for the sale of certain operated and nonoperated properties located in East Texas and northern Louisiana focused primarily in Panola and Rusk counties and Red River Parish.
Permian Basin Oil Output Forecast to Hit Record High in March
Gas output in both the Permian Basin and the Haynesville Shale in Texas, Louisiana and Arkansas will also rise to record highs of 20.4 Bcf/d and 14.5 Bcf/d in March, respectively.
Energy A&D Transactions from the Week of Feb. 9, 2022
Here’s a snapshot of recent energy deals including Whiting Petroleum’s $237 million expansion in the Williston Basin’s Sanish Field.
On the Market Oil and Gas Quicklist (Week of Feb. 9, 2022)
Here’s a quicklist of oil and gas assets on the market including an EOG Resources western Anadarko Basin opportunity and a Callon Petroleum Eagle Ford Shale package.
Southwestern Expands RSG Program to Haynesville Shale
Independent certification of the company’s Haynesville production is expected to be completed by the end of 2022.
As Oil Nears $100 a Barrel, US Drillers Get Busy in Costly Shale Basins
Some executives say current high prices and relatively low service costs make production economics the best in years.
Are Aethon’s Louisiana Assets Worth $6 Billion?
Analysts are skeptical but there’s plenty to like, so the answer is … it depends.