On the Market Oil and Gas Quicklist (Week of Feb. 2, 2022)
Here’s a quicklist of oil and gas assets on the market including nonoperated working interest in the Midland Basin by a private seller plus Stephens Production properties across Colorado, Michigan, North Dakota, Oklahoma, Texas and Wyoming.
MDU Resources Subsidiary Completes North Bakken Expansion
The North Bakken Expansion project included construction of approximately 100 miles of natural gas pipeline with the capacity to transport 250 MMcf/d of natural gas from the basin.
Path Forward: US Gas Flaring Hits Record Low
In this exclusive interview, Rystad Energy Head of Shale Research Artem Abramov sheds light on flaring trends and what’s driving declines in the Permian Basin and Bakken.
Hess Expects Bakken Shale, Guyana to Drive Oil Production Growth in 2022
Hess plans to pay off debt and increase its base dividend once its second production unit in Guyana is operational, executives told investors during its fourth-quarter conference call.
Energy A&D Transactions from the Week of Jan. 26, 2022
Here’s a snapshot of recent energy deals including a flurry of A&D activity by Chesapeake Energy totaling over $3 billion that included the previously rumored acquisition of Chief Oil & Gas and an exit from the Powder River Basin.
On the Market Oil and Gas Quicklist (Week of Jan. 26, 2022)
Here’s a quicklist of oil and gas assets on the market including a Mammoth Exploration Permian Basin divestiture focused in Andrews, Pecos and Ector counties, Texas, plus Ichor Energy operated conventional oil assets primarily located near the Texas-Louisiana border.
Top US Oil States Vie for Carbon Capture Oversight to Speed Up Permits
Giving states primacy over regulating carbon injection wells can speed up the permitting process through greater efficiency and less red tape, said Marcella Burke, a partner with law firm King & Spalding and former deputy general counsel at the EPA.
Evolution Petroleum Enters Williston Basin with Nonop Deal
Evolution Petroleum closed the acquisition of 50% of certain interests held by privately-owned Foundation Energy Management within the Williston Basin for $25.9 million.
Marketed: Samson Oil and Gas Williston Basin Acquisition Opportunity
Samson Oil and Gas USA Inc. retained BOK Financial Securities for the sale of producing properties in Montana and North Dakota in the Williston Basin.
Energy A&D Transactions from the Week of Jan. 19, 2022
Here’s a snapshot of recent energy deals including the $1.9 billion merger of Falcon Minerals with privately held Desert Peak plus Clearfork bags its first deal after a $400 million equity commitment.