Marketed: Overland Minerals & Royalties Bakken / Three Forks Well Package
Overland Minerals & Royalties LLC et al retained EnergyNet for the sale of a Bakken Shale / Three Forks well package in North Dakota’s Dunn County.
Permian Basin Oil Output to Rise to Highest on Record: EIA
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.
Midstream Capacity Key to Surging Shale Production
Water in and out as well as hydrocarbon transport sustain new completion techniques for U.S. shale producers.
Brown Departs Evolution Petroleum; Loyd Named Interim CEO
Evolution Petroleum CEO Jason Brown is stepping down to pursue other opportunities, with the board of directors electing investment committee chair Kelly Loyd interim CEO.
On the Market Oil and Gas Quicklist (Week of July 13, 2022)
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.
How Far has US Hydraulic Fracturing Come? A Review of Recent Trends
The U.S. hydraulic fracturing sector continues to push the pace, paving the way for greener solutions for shale oil and gas producers.
Energy A&D Transactions from the Week of July 6, 2022
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.
On the Market Oil and Gas Quicklist (Week of July 6, 2022)
Here’s a quicklist of oil and gas assets on the market including a Permian mineral and royalty opportunity comprising acreage plus drilled, permitted and undeveloped locations within the Delaware and Midland basins.
Ovintiv to Sell ‘Noncore’ Bakken, Uinta Assets for $250 Million
As a result of the agreements to sell portions of its assets located in the Bakken and Uinta basins, Ovintiv said it has elected to accelerate the doubling of its cash returns to shareholders starting immediately.
Whiting, Oasis Petroleum Become Chord Energy as Merger Closes
The new company, Chord Energy based in Houston, has a premier Williston Basin position with top tier assets across approximately 972,000 net acres and a pledge to return 60% of its free cash flow to shareholders.