Birthplace of US Oil Boom a Decade Ago Shows Signs of Decline
Soaring oil production transformed North Dakota over the past decade but last year’s oil market downturn hit the region hard.
Energy A&D Transactions from the Week of Nov. 17, 2021
Here’s a snapshot of recent energy deals including the acquisition of Veritas Energy’s nonop position by Northern Oil and Gas in a transaction worth over $500 million in the Permian Basin plus a $2.5 billion Freeport LNG deal.
On the Market Oil and Gas Quicklist (Week of Nov. 17, 2021)
Here’s a quicklist of oil and gas assets on the market including a diversified Permian Basin platform with conventional and unconventional projects plus an Endeavor Energy Resources Eddy County, New Mexico package.
Hart Energy Unconventional Activity Tracker (Week of Nov. 15, 2021)
The Permian Basin had the largest week-over-week gain, adding five rigs. Meanwhile, the Anadarko Basin had the largest loss, dropping five rigs.
Energy A&D Transactions from the Week of Nov. 10, 2021
Here’s a snapshot of recent energy deals including Continental’s entry into the Permian through the $3.25 billion acquisition of Pioneer’s Delaware Basin position plus Southwestern acquires another private Haynesville producer.
On the Market Oil and Gas Quicklist (Week of Nov. 10, 2021)
Here’s a quicklist of oil and gas assets on the market including Legacy Reserves’ Rockies portfolio as part of its regional exit plus a Daylight Petroleum package of assets across Ector, Loving and Reeves counties in West Texas.
Marketed: Operated Working Interest in Richland County, Montana
Cowry Enterprises retained the Oil & Gas Asset Clearinghouse for the sale of its operated working interest in Montana’s Richland County.
Marketed: Legacy Reserves Rockies Regional Exit
Legacy Reserves retained TenOaks Energy Advisors in connection with its Rockies regional exit, which includes the sale of its portfolio of operated properties located across Wyoming, North Dakota and Montana.
Hart Energy Unconventional Activity Tracker (Week of Nov. 8, 2021)
The largest week-over-week increase to the U.S. rig count by major play occurred in the Permian Basin, where five rigs were added.
Energy A&D Transactions from the Week of Nov. 3, 2021
Here’s a snapshot of recent energy deals including the $1.8 billion sale of Oasis Petroleum’s midstream affiliate and the closing of Chesapeake’s Vine Energy acquisition.