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On the Market Oil and Gas Quicklist (Week of May 27, 2020)
2020-05-27 18:00:00| OGI
Heres a quicklist of oil and gas assets on the market including a Permian Basin package of Wolfcamp Shale assets located in Reeves County, Texas, being sold by Victerra Energy.
Hedge Fund Angelo Gordon Buys Northern Oil & Gas Debt
2020-05-27 11:10:00| OGI
Northern Oil & Gas has been trying to cut its debt load of more than $1 billion for months by using a so-called "debt-for-equity" swap among other things.
EQT Closes $125 Million Asset Sale to Diversified Gas & Oil
2020-05-27 01:00:00| OGI
Additionally, EQT decided to temporarily curtail approximately 1.4 Bcfe/d of gross production, equivalent to roughly 1 Bcfe/d of net production.
North American Oil, Gas Rig Count Falls to Record Lows
2020-05-22 19:30:48| OGI
The U.S. rig count, an early indicator of future output, fell by 21 to a record low 318 in the week to May 22, according to data from energy services firm Baker Hughes Co.
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US Cuts Royalties for Hard-hit Oil, Gas Drillers
2020-05-21 19:55:05| OGI
The U.S. Bureau of Land Management (BLM) approved royalty rate cuts on at least 76 federal drilling leases in the state of Utah in recent weeks, according to the database.
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