On the Market Oil and Gas Quicklist (Week of Aug. 31, 2022)
Here’s a quicklist of oil and gas assets on the market including an Endeavor Energy Resources Permian Basin operated well package plus Blackbeard Delaware Basin nonop working interest properties.
Gulf Coast Sand Acquires Shale Support Assets
The acquisition of Shale Support’s assets establishes Gulf Coast Sand as the largest independent, privately-owned aggregate company along the Gulf Coast, the company said.
Riverbend Energy Group Wraps Up $1.8 Billion Sale of Nonop Shale Assets
The transaction, previously announced in June, included Houston-based Riverbend Energy Group’s equity interests in properties producing approximately 47,000 boe/d from over 11,000 wells.
Devon Energy’s Gaspar on Consolidation: Everyone is Expendable, Including Him
With $2.6 billion in acquisitions this year, Devon Energy has made its first expansions since Devon and WPX merged in January 2021. Still, COO Clay Gaspar said the industry remains “fractured.”
Shell Signs LNG Supply Deal for Lake Charles Project in Louisiana
Energy Transfer agreed to a 20-year LNG supply deal with Shell for its Lake Charles LNG project on Aug. 24, which marked Shell’s return to the proposed Louisiana facility after the British oil major exited the project in 2020.
Energy A&D Transactions from the Week of Aug. 24, 2022
Here’s a snapshot of recent energy deals including Phillips 66 offer to buy DCP Midstream in $3.1 billion cash deal plus Brigham Minerals’ largest acquisition to date.
On the Market Oil and Gas Quicklist (Week of Aug. 24, 2022)
Here’s a quicklist of oil and gas assets on the market including an Earthstone Energy operated eastern Midland Basin opportunity plus Coterra Energy Permian Basin nonop working interest.
Freeport LNG Not to Reach Full Capacity until March 2023
Freeport LNG pushes back original timelines for the expected partial and full restart of its Texas liquefaction facility that went offline in early June due to a fire.
Marketed: Titan Rock Operated East Texas Properties
Titan Rock Exploration & Production retained TenOaks Energy Advisors for the sale of a gas-weighted position comprising operated properties located in East Texas.
E&P Highlights: Aug. 22, 2022
Here’s a roundup of the latest E&P headlines including new field updates and product announcements from the past week in the upstream oil and gas industry.