Previously COO, Adam Dirlam has led Northern Oil and Gas’ M&A and capital allocation efforts including significant expansions into the Permian Basin and Marcellus Shale plays within the past year or so.
The largest week-over-week increase to the U.S. rig count occurred in the D-J Basin, which gained four rigs, followed by the Anadarko Basin with a two-rig increase.
Here’s a snapshot of recent energy deals including the closing of Shell’s Permian Basin exit through a $9.5 billion deal with ConocoPhillips plus a Centennial Resource Development asset sale.
Here’s a quicklist of oil and gas assets on the market including an EOG Resources Montana Bakken Shale package plus Pioneer Natural Resources Ector County, Texas leasehold within the Permian Basin.
The U.S. rig count rose 3% in the last month with 19 rigs added in the Permian Basin alone, and several operators are planning to drill for more gas.
EOG Resources Inc. retained EnergyNet for the sale of a Bakken Shale well package through an auction that includes operations in producing wells in Montana’s Richland and Roosevelt counties.
Here’s a snapshot of recent energy deals including the $480 million sale of Goodrich Petroleum to private equity-backed Paloma Resources.
Here’s a quicklist of oil and gas assets on the market including APX Energy nonoperated properties across Illinois and Indiana plus several new packages from Pioneer Natural Resources, Hilcorp Energy and Endeavour Energy Resources.
The largest week-over-week gains to the U.S. rig count occurred in the Gulf Coast and the Anadarko Basin. Meanwhile, the Permian had the largest loss at seven rigs.
Rig count, crude futures fall slightly, shale basin gas production rises