Here’s a quicklist of oil and gas assets on the market including an “underexploited” asset within Chevron’s Permian Basin portfolio plus Ensight’s operated conventional North Louisiana gas asset.
Several of the major plays are at or near 2019 levels for this time of year, with the Anadarko Basin running only four fewer rigs than in October 2019.
May 2021: Oasis Petroleum Announces Results from Two Williston Basin-Banks Field Wells
April 2020: Two High-volume Middle Bakken Completions in McKenzie County, N.D. by WPX Energy
As a result of the sale of its midstream affiliate, Oasis Petroleum is now well-positioned to further participate in industry consolidation opportunities, says CEO Danny Brown.
Here’s a snapshot of recent energy deals including EagleClaw’s all-stock business combination with Apache’s Altus Midstream plus the closing of Oasis Petroleum’s $745 million cash acquisition in the Bakken.
Here’s a quicklist of oil and gas assets on the market including Viceroy Petroleum Eagle Ford Shale package in Karnes County, Texas, plus certain operated Eagle Ford properties for sale by Cinco Oil & Gas.
Hess’ crude sold during the quarter for an average of $63.17/bbl, including hedging, 39% higher from a year earlier, while gas prices jumped 60% to $4.71/Mcf.
All major U.S. shale plays tallied month-over-month increases to the rig count except the Anadarko Basin, which was flat.
Oasis Petroleum had initially announced the Williston acquisition in May, a month after CEO Danny Brown had taken the helm, in a cash transaction with Diamondback valued at approximately $745 million.