Opinion: How US Fracking Could Be an Unlikely Beneficiary of a ‘Blue Wave’
Optimism for the dry gas sector is bubbling up like methane in a Pennsylvania spring.
Energy A&D Transactions from the Week of Oct. 14, 2020
Here’s a snapshot of recent energy deals including the sale of Blue Mountain Midstream and its assets in Oklahoma’s Merge/SCOOP/STACK play by Riviera Resources in a $111 million cash transaction.
Weir Oil & Gas Launches SPM EdgeX Valve and Carbide Seat, Extending Seat Life
Weir Oil & Gas, a leading upstream provider of systematized pressure pumping and pressure control equipment and services, launched its new SPM EdgeX Valve and Carbide Seat on Oct. 6.
Hart Energy Unconventional Activity Tracker (Week of Sept. 28, 2020)
Four rigs were added in the Anadarko Bain during the past week, with Continental Resources, Ovintiv and Citizen Energy reigning as the region’s most active operators.
Analyst: More Rigs Needed to Avoid Appalachian Gas Production Declines
With Appalachia producers in maintenance mode, analysts described Permian Basin associated gas production as ‘resilient.’
Hart Energy Unconventional Activity Tracker (Week of Sept. 21, 2020)
U.S. drillers added oil and gas rigs for the second time in three weeks as a recent increase in energy prices from coronavirus-linked lows prompted some to return to the wellpad.
How US Shale Gas Fits in Evolving Global Market
U.S. natural gas production is declining as domestic consumption falls but global demand, including for LNG, is adding to optimism.
Hart Energy Unconventional Activity Tracker (Week of Sept. 14, 2020)
The U.S. rig count rose by seven in the last week to 284. However, the count of oil and gas rigs operating remains down year-over-year by 69%.
Energy A&D Transactions from the Week of Sept. 9, 2020
Here’s a snapshot of recent energy deals including the sale of Schlumberger’s fracking business, OneStim, to Liberty Oilfield Services and the dissolution of Ovintiv’s Duvernay Shale JV with PetroChina.
Hart Energy Unconventional Activity Tracker (Week of Sept. 7, 2020)
Though the oil and gas industry has not recovered since the end of the second quarter, the Permian Basin remains the most active region.