Energy A&D Transactions from the Week of Sept. 2, 2020
Here’s a snapshot of recent energy deals including Panhandle Oil and Gas’ entry into the Haynesville Shale through the acquisition of two packages of royalty acreage from Red Stone Resources.
Hart Energy Unconventional Activity Tracker (Week of Aug. 31, 2020)
U.S. energy firms kept the number of oil and gas rigs operating unchanged this week with some analysts expecting producers to have shut rigs ahead of Hurricane Laura.
Panhandle Oil and Gas Enters Haynesville Shale with Red Stone Acquisition
The acquisition by Panhandle Oil and Gas of two packages from Edmond, Okla.-based Red Stone Resources fits well with the company’s strategy to grow, President and CEO Chad Stephens says.
Energy A&D Transactions from the Week of Aug. 26, 2020
Here’s a snapshot of recent energy deals including Occidental Petroleum’s $1.33 billion sale of Rockies assets plus the closing of ConocoPhillips’ multimillion-dollar Montney Shale acquisition.
Posse Resources Buys Haynesville Portfolio of Live Oak’s Inaugural Fund
The transaction included roughly 4,800 net royalty acres (normalized to 1/8 royalty) located in North Louisiana, with production across the Haynesville Shale, Bossier Shale and Cotton Valley formations.
Hart Energy Unconventional Activity Tracker (Week of Aug. 24, 2020)
Weekly oil and gas rig count in the U.S. increases for the first time since March with the Midcontinent region making the largest percentage and absolute gains.
Hart Energy Unconventional Activity Tracker (Week of Aug. 17, 2020)
The oil and gas industry appears to have found a bottom over the last month, at least temporarily, says Enverus.
Best of This Week’s Drilling Activity Highlights (Aug. 14, 2020)
A Haynesville completion by XTO Energy plus Centennial Resource Development Bone Spring discoveries on the Carlsbad Shelf in the Permian Basin top this week’s drilling activity highlights from around the world.
Hart Energy Unconventional Activity Tracker (Week of Aug. 10, 2020)
U.S. energy firms cut the number of oil and gas rigs over the past week to a record low for a 14th week even as higher oil prices prompt some producers to start drilling again.
Castleton Resources Rapidly Upgrades Five Quorum Software Products
Growth-oriented upstream natural gas E&P company leverages Quorum’s rapid deployment methodology to move to current product versions on time and on budget.