Key Industry Indicators
Commodity | Price | % Change |
---|---|---|
Brent Crude Oil | 89.4 | 0.43% |
Light Crude Oil | 83.85 | 0.42% |
Natural Gas | 1.61 | -0.62% |
A&D Trends | Current Week($mm) | Last Week($mm) | % Change |
---|---|---|---|
Value ($mm) | $0 | $0 | No change |
Trans. Count | 0 | 0 | No change |
Rig Count | Last Count | Count | Change2024-03-28 |
---|---|---|---|
U.S. | Mar 28, 2024 | 621 | -3 |
Canada | Mar 28, 2024 | 151 | -18 |
US OIL & GAS NEWS
CNX Resources Cut Frac Activity 50%, Talks 1st Quarter Activity
04/30/2024CNX Resources
Range Resources Talks 1Q Results; 2024 Wells Plan Unchanged
04/30/2024Range Resources Corp
CANADA & INTERNATIONAL NEWS
Chevron To Acquire Hess For $53 Billion
10/23/2023Chevron Corp
Petrus Resources Ltd. First Quarter 2023 Results
05/18/2023Petrus Resources Ltd.
Cardinal Energy Ltd. First Quarter 2023 Results
05/18/2023Cardinal Energy Ltd.
Headwater Exploration Inc. First Quarter 2023 Results
05/18/2023Headwater Exploration Inc.
New Companies/Startup
Title | Company | Amount | Area of Focus | Contact/People |
---|---|---|---|---|
Juniper Capital, Boomtown Create New DJ Basin-Focused E&P | Requires Private Equity Subscription | Not Disclosed | Rockies:United States:Rockies - DJ Basin | - |
New E&P Company Scores $1.7 Billion to Focus on Permian Basin | Requires Private Equity Subscription | Not Disclosed | Permian | - |
New E&P Scores Capital; Focus on the Permian | Requires Private Equity Subscription | $180 | Permian | - |
New Midstream Co. Secures Capital from EnCap Flatrock | Requires Private Equity Subscription | Not Disclosed | Ark-La-Tex | - |
New Permian E&P Scores $300 Million From Large PE Firm | Requires Private Equity Subscription | $300 | Permian | - |
Capital Expenditure
-
Range Resources Talks 1Q Results; 2024 Wells Plan Unchanged
-
Seventeen (17) E&Ps; To Use 47 Frac Crews To Complete 2,800 Wells In 2024
-
Permian E&P Ups 2024 Well Count by +27% vs. 2023
Capital/Funding
Company | Focus Area | Capital Raised |
---|---|---|
Firebird II LLC | Permian | $500 mm |
North Peak Oil & Gas | Rockies - DJ Basin, Rockies, United States | N/A |
Subscribers Only | Permian | N/A |
Subscribers Only | Permian | $180 mm |
Subscribers Only | Ark-La-Tex | N/A |
Subscribers Only | Gulf of Mexico, Offshore | $124 mm |
Subscribers Only | Permian | $300 mm |
Subscribers Only | United States | $500 mm |
Subscribers Only | Permian, Permian - Midland Basin | N/A |
Subscribers Only | Rockies | $400 mm |
Global M&A Database : Recent Transactions
Adj. $/acre is based on production @35,000 boe/dAnnounce Date | Buyer | Seller | Region | Asset Description | Value | Prod. Multiple | Net Acres | Net Acres |
---|---|---|---|---|---|---|---|---|
($mm) | ($boe/d) | ($/acre) | (adj. $/acre) | |||||
02/12/2024 | Permian - Midland Basin | Diamondback Energy, Inc. acquires Endeavor Energy Resources | 73,654 | 75,581 | 34,535 | |||
02/07/2024 | West Coast | California Resources Corp. acquires Aera Energy Llc | 27,632 | 9,545 | N/A | |||
01/15/2024 | Gulf of Mexico | Talos Energy Inc acquires QuarterNorth Energy | 40,000 | 3,288 | N/A | |||
01/11/2024 | Chesapeake Energy Corp | Southwestern Energy Co. | Northeast - Appalachia, Ark-La-Tex | Chesapeake Energy Corp acquires Southwestern Energy Co. | $7,400 | N/A | 7,255 | N/A |
01/11/2024 | Prairie Operating Co | Nickel Road Operating LLC | Rockies - DJ Basin | Property Producing 3,370 Boe/d | $94 | 27,893 | 17,091 | N/A |
01/04/2024 | Permian | APA Corp. acquires Callon Petroleum Co. | 44,554 | 31,034 | 3,172 | |||
12/15/2023 | Ark-La-Tex | TG Natural Resources acquires Rockcliff Energy II LLC | N/A | 13,500 | 500 | |||
12/15/2023 | Permian - Delaware Basin | Fury Resources Inc acquires Battalion Oil Corp. | 35,433 | 11,250 | N/A | |||
12/11/2023 | Permian - Midland Basin | Occidental Petroleum Corp acquires Crownrock, Lp | 70,588 | 127,660 | 55,319 | |||
10/11/2023 | Permian | ExxonMobil acquires Pioneer Natural Resources Co. | 84,388 | 70,093 | 36,869 |
US E&P Deal Activity
Private Equity/ Private Company Activity
New Companies Formed
Company | Focus Area | Capital Raised |
---|---|---|
North Peak Oil & Gas | Rockies, United States, Rockies - DJ Basin | N/A |
Double Eagle Energy IV LLC | Permian | N/A |
Subscribers Only | Permian | $180 mm |
Subscribers Only | Ark-La-Tex | N/A |
Subscribers Only | Permian | $300 mm |
Subscribers Only | United States | $500 mm |
Subscribers Only | Rockies | $400 mm |
Subscribers Only | Permian | $350 mm |
Subscribers Only | United States | $900 mm |
Subscribers Only | United States | $100 mm |
Subscribers Only | United States | N/A |
Subscribers Only | United States | N/A |
Subscribers Only | United States | N/A |
Latest News and Analysis
Deals and Transactions
Track Drilling (Rigs by operator) | Completions (Frac Spreads)
Deals and Transactions
Track Drilling (Rigs by operator) | Completions (Frac Spreads)
Drill, Uncompleted Wells (DUCs)
(Wells Drilled on or after 01/01/2014)
To Access DUC Database Click here
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To Access DUC Database Click here2018 Play Maps
Browse Oil and Gas Data By State
Focus on The Permian Basin
Latest Oil Infrastructure Projects (More Infrastructures)
Latest Gas and NGL Infrastructure Projects (More Infrastructures)
In-Service Date | Project Name | Project Type | Capacity | Project Type | Play/Location | Details |
---|---|---|---|---|---|---|
1 Quarter / 2024 | Processing Plant 7 / Processing Plant 3 | Processing | Gas,NGL | Midland Basin,Delaware Basin,Permian Basin | Details | |
2 Quarter / 2024 | Shin Oak NGL Pipeline Expansion | Transport Pipeline | NGL | Permian Basin | Details | |
3 Quarter / 2024 | Matterhorn Express Pipeline | Transport Pipeline | Gas | Permian Basin | Details | |
3 Quarter / 2021 | C2G Pipeline | Transport Pipeline | NGL | Eagle Ford Shale | Details | |
Quarter / 2022 | ATEX Pipeline Expansion | Transport Pipeline | NGL | Marcellus Shale,Utica Shale | Details |