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Upstream A&D Activity in 2021 to Nearly Surpass Peak Shale Boom

2021-09-29 19:05:00| OGI

Piper Sandlers Doug Reynolds forecast a strong finish for A&D in 2021 and while upstream oil and gas deal activity might not reach its record year of 2014, were going to have the best year since then, he told attendees of Oil and Gas Investors A&D Strategies and Opportunities conference.

Tags: activity peak boom upstream

 

Crescent Pass Expands into Eagle Ford Shale with Armor Energy Acquisition

2021-09-29 10:30:00| OGI

Houston-based Crescent Pass Energy closed on the acquisition of producing assets in the northern area of the Eagle Ford play from Armor Energy, as well as three bolt-on acquisitions in the Cotton Valley trend in East Texas.

Tags: pass energy ford acquisition

 
 

ConocoPhillips Exits Vaca Muerta Shale Partnership in Recent Sale

2021-09-28 22:05:00| OGI

Through the transaction, Vista Oil & Gas said it acquired 25,231 net acres in two Vaca Muerta Shale concessions in exchange for the assumption of the $77 million of outstanding carry consideration ConocoPhillips had agreed to pay Wintershall.

Tags: recent sale partnership exits

 

US Shale Producer Hess Sees Underinvestment Risk Ahead in Tighter Oil Market

2021-09-27 11:20:00| OGI

The biggest wildcard is global upstream oil investment, which has slumped from $650 billion before the COVID-19 pandemic to around $300 billion, Hess President Greg Hill says.

Tags: market risk oil ahead

 

Factors for Shale Producers to Consider When Tackling FDIs

2021-09-23 19:00:00| OGI

A shale expert shares some insight on factors to evaluate when optimizing hydraulic fracturing.

Tags: when factors producers tackling

 

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