Bad Weather Cuts North Dakota Oil Production by 80%
The unusual cold blocked roads with snow, caused heavy ice accumulation and resulted in power outages, said Katie Haarsager, spokesperson for the North Dakota Oil and Gas Division, on April 27.
Energy A&D Transactions from the Week of April 27, 2022
Here’s a snapshot of recent energy deals including the closing of Targa’s $200 million acquisition of Southcross Energy plus Diversified Energy’s East Texas expansion.
On the Market Oil and Gas Quicklist (Week of April 27, 2022)
Here’s a quicklist of oil and gas assets on the market including a Hibernia Resources Midland Basin wellbore only divestiture plus Stephens Natural Resources North Louisiana working interest.
Post-pandemic Pushback: Permits Rally a Prelude to Pop in Oil and Gas Production
The recent surge in WTI appears to be relinking price and permitting for oil and gas producers.
Energy A&D Transactions from the Week of April 20, 2022
Here’s a snapshot of recent energy deals including SilverBow’s latest Eagle Ford expansion in two transactions worth up to $440 million that includes the acquisition of Sundance Energy.
Upstream M&A’s Promising Start Blunted by Ukraine War, Wild Prices
The first quarter saw announced transaction values of about $14 billion marking the strongest start in the E&P sector in five years, Enverus said
Energy A&D Transactions from the Week of April 13, 2022
Here’s a snapshot of recent energy deals including Delek Logistics’ $625 million acquisition of 3Bear Energy, which expands its Permian position into the Delaware Basin.
On the Market Oil and Gas Quicklist (Week of April 13, 2022)
Here’s a quicklist of oil and gas assets on the market including Winright Resources western Anadarko Basin properties in the Texas Panhandle plus a Black Bear Oil & Gas Bakken Shale / Three Forks opportunity.
Warburg Pincus Places RimRock Oil & Gas for Sale: Sources
It is Warburg Pincus’ second attempt to sell RimRock Oil & Gas in just over a year, the sources told Reuters. A 2021 auction process failed to secure a buyer for the Bakken gas producer at the valuation that Warburg sought.
Marketed: Operated Working Interest, Billings County, North Dakota
Northwestern Production LLC retained Oil & Gas Asset Clearinghouse LLC to market for sale its operated working interest in North Dakota’s Billings County.