Feature Stories

“Chesapeake Energy Shares Halted By NYSE Amid Reports of Chapter 11 Bankruptcy Plans” (CHK)

“Chesapeake Energy Shares Halted By NYSE Amid Reports of Chapter 11 Bankruptcy Plans” (CHK)

The Street


Shale gas pioneer Chesapeake Energy, once worth $37.5 billion, has warned of a possible Chapter 11 bankruptcy filing in order to restructure some $9 billion in debts.
Chesapeake Energy Corp.  (CHK) – Get Report shares plunged
Beyond Just the Rig Count

Beyond Just the Rig Count

Enverus


Austin, TX (June 9, 2020) – Enverus, the leading oil & gas SaaS and data analytics company, has released its latest FundamentalEdge report that explores the ongoing supply response to demand destruction caused by the COVID-19 pandemic. In this …

June 9, 2020 - 7:37 am Crude Oil News, Feature Stories, Industry Insights
Chevron U.S.A. Inc. and Union Oil Company of California has retained EnergyNet Indigo as exclusive transaction and technical advisor for an acquisition opportunity located in Van Zandt County, Texas

Chevron U.S.A. Inc. and Union Oil Company of California has retained EnergyNet Indigo as exclusive transaction and technical advisor for an acquisition opportunity located in Van Zandt County, Texas

 

Chevron U.S.A. Inc. and Union Oil Company of California has retained EnergyNet Indigo as exclusive transaction and technical advisor to facilitate the sale of its Operations, Non-Operated WI, HBP Leasehold & Mineral Fee Van Field Opportunity Asset Acquisition Opportunity
Focused on Difficult Decisions in Challenging Markets, OpenInsights Helps Cut Costs, Not People

Focused on Difficult Decisions in Challenging Markets, OpenInsights Helps Cut Costs, Not People

360 Feed Wire


Next chapter in shale’s evolution will focus on software, virtualization, business automation, and machine learning.

Oil & Gas 360 Publishers Note: We will be interviewing Enverus this Friday for a release to our 360 Energy Expert Network

EnergyNet Indigo – SCOOP / STACK Opportunity 308 Well Package (ORRI, RI and Non-Operated WI) plus Leasehold and Minerals

EnergyNet Indigo – SCOOP / STACK Opportunity 308 Well Package (ORRI, RI and Non-Operated WI) plus Leasehold and Minerals

SCOOP / STACK Opportunity
308 Well Package (ORRI, RI and Non-Operated WI) plus Leasehold and Minerals
Blaine, Canadian, Grady, Kingfisher and McClain Counties, Oklahoma
Undisclosed Seller
Opportunity Highlights:

  • 11,756.28 Net ORRI Acres
  • 1,230.39 Net Mineral Acres
  • 646.14 Net Leasehold Acres
EnergyNet has been retained by Caddo Minerals Inc. to offer for sale their 8 Well Package (Producing MI/RI) located in Burleson County, Texas

EnergyNet has been retained by Caddo Minerals Inc. to offer for sale their 8 Well Package (Producing MI/RI) located in Burleson County, Texas

Caddo Minerals Inc.

Burleson County, Texas

EnergyNet has been retained by Caddo Minerals Inc. to offer for sale their 8 Well Package (Producing MI/RI) located in Burleson County, Texas.

Opportunity Highlights:

  • Royalty Interest (Producing Minerals) in 8 Producing Wells:
EnergyNet has been retained by Caddo Minerals Inc. to offer for sale their Eagle Ford Shale Opportunity 6 Well Package

EnergyNet has been retained by Caddo Minerals Inc. to offer for sale their Eagle Ford Shale Opportunity 6 Well Package

Caddo Minerals Inc.

Eagle Ford Shale Opportunity

6 Well Package (Producing MI/RI – 163.94 NRA)

Dimmit County, Texas

Opportunity Highlights:

  • 163.94 Producing Net Royalty Acres:
    • 3.585363% to 1.4381% RI in 6 Producing Eagle Ford Hz Wells
  • Current Average 8/8ths
EnergyNet has been retained by Caddo Minerals Inc. Permian Basin Opportunity 5 Well Package (Producing MI/RI) plus 3 DUC Wells

EnergyNet has been retained by Caddo Minerals Inc. Permian Basin Opportunity 5 Well Package (Producing MI/RI) plus 3 DUC Wells

Caddo Minerals Inc.

Permian Basin Opportunity

5 Well Package (Producing MI/RI) plus 3 DUC Wells

Martin County, Texas

 Opportunity Highlights:

  • Royalty Interest (Producing Minerals) in 5 Producing Wells:
    • 1.610631% to 1.384507% RI
    • 3 Drilled Uncompleted Wells
  • Current Average 8/8ths
EnergyNet has been retained by Caddo Minerals Inc. to offer for sale their 2 Well Package

EnergyNet has been retained by Caddo Minerals Inc. to offer for sale their 2 Well Package

Caddo Minerals Inc.

Williams County, North Dakota

EnergyNet has been retained by Caddo Minerals Inc. to offer for sale their 2 Well Package (Producing MI/RI – 44.00 NRA) located in Williams County, North Dakota.

Opportunity Highlights:

  • 44.00 Producing Net
EnergyNet has been retained by Caddo Minerals Inc. to offer for sale their 8 Well Package

EnergyNet has been retained by Caddo Minerals Inc. to offer for sale their 8 Well Package

Caddo Minerals Inc.

Burleson County, Texas

EnergyNet has been retained by Caddo Minerals Inc. to offer for sale their 8 Well Package (Producing MI/RI) located in Burleson County, Texas.

 Opportunity Highlights:

  • Royalty Interest (Producing Minerals) in 8 Producing Wells:
Texas works with ESG-friendly testing company PerkinElmer to tame pandemic

Texas works with ESG-friendly testing company PerkinElmer to tame pandemic

Karma

Oil & Gas 360 Publishers Note: This article about the great state of Texas is just another example of the importance of ESG. PerkinElmer is providing goods and services with a strong social statement and messaging. Our energy, oil

Emerging-Market Economies Face COVID-19 and a ‘Sudden Stop’ in Capital Flows

Emerging-Market Economies Face COVID-19 and a ‘Sudden Stop’ in Capital Flows

Dallas Fed


Emerging-market capital inflows dramatically declined in response to the rapid spread of the coronavirus (COVID-19). A rise in global risk at a time of investor risk aversion led to a rapid flight from emerging-market assets.

While most aggregate …

April 14, 2020 - 2:30 pm Closing Bell Story‎, Economy, Feature Stories, Finance
Enverus: Welcome to the Dark Side of the Boom

Enverus: Welcome to the Dark Side of the Boom

360 News Wire


New, dismal supply and demand outlook could contain overlooked bright spots

Oil & Gas 360 Publishers Note: We had the opportunity to interview Bernadette Johnson, VP, Enverus, last month about trends they were seeing. Check out the

Saudi, Russian blame game stalls Monday’s OPEC+ meeting

Saudi, Russian blame game stalls Monday’s OPEC+ meeting

WorldOil


Oil & Gas Publishers Note: The oil and gas companies in the United States do not have time to wait for the political fight between Russia and Saudi Arabia. We need action for our oil & gas industry now.

Exclusive 360 Energy Expert Network Video Interview: Quorum Software – Investor demand to lower CapEx in oil and gas companies – Here is the solution

Exclusive 360 Energy Expert Network Video Interview: Quorum Software – Investor demand to lower CapEx in oil and gas companies – Here is the solution

Courtesy of Liberty Oilfield Services Inc.

Liberty Oilfield Services Inc. announces strategic actions in response to current market conditions including capacity & cost reductions, executive and board pay cuts and dividend suspension

Liberty Oilfield Services Inc. (NYSE: LBRT; “Liberty” or the “Company”) announced today that it has reduced the size of its workforce, the number of active frac fleets deployed, capital expenditures and its general and administrative cost structure in response to …

Exclusive 360 Energy Expert Network Video Interview: Rare Petro – the Enabler of remote operations in the oil patch

Exclusive 360 Energy Expert Network Video Interview: Rare Petro – the Enabler of remote operations in the oil patch

Rare Petro is the "Enabler" for remote employee work, data and leveraging the modern business systems. Some parts of the  oil field has not always accepted, or adapted, technology until now.

 

Anthony McDaniels, CEO, Rare Petro, started his company

Exclusive 360 Energy Expert Network Video Interview: The Port of Corpus Christi seen trouble before, and is open for business.

Exclusive 360 Energy Expert Network Video Interview: The Port of Corpus Christi seen trouble before, and is open for business.

The Port of Corpus Christi in the western Gulf of Mexico is one of key components in the life blood for imports and exports in the United States. They the 2nd in tonnage,  and the largest port in revenue in

EnergyNet has been retained by Grizzly Energy, LLC to offer for sale their 20 Well Package

EnergyNet has been retained by Grizzly Energy, LLC to offer for sale their 20 Well Package

Grizzly Energy

Grizzly Energy, LLC

Love and Marshall Counties, Oklahoma

EnergyNet has been retained by Grizzly Energy, LLC to offer for sale their 20 Well Package (Operations, RI and ORRI) plus 1,130.1739 Net Leasehold Acres located in Love and Marshall

Haynes and Boone M&A deals structured through bankruptcy panel in Dallas

Haynes and Boone M&A deals structured through bankruptcy panel in Dallas

The EnerCom team discussion about a very timely analysis of world events impacting the United States oil and gas market.

This event from Haynes and Boone was an excellent panel discussion on distressed oil and gas M&A. Panelists from Contango

Is Depression-Era Production Regulation What OPEC Really Wants To See?

Is Depression-Era Production Regulation What OPEC Really Wants To See?

Journal of Petroleum Technology


Oil & Gas Publishers Note: Excellent piece by Steve Rassenfoss. Our host, Michael Tanner, on the 360 Digital Closing Bell reported on the Texas Railroad Commission has been invited to the next OPEC meeting. This is

Permian operators slash 2020 plans as oil market craters

Permian operators slash 2020 plans as oil market craters

Enverus

Oil & Gas 360 Publishers Note: This blog from Erin Faulkner at Enverus is an excellent summary of the  top operators in the Permian and their financial updates. Enverus has over 1,700 employees and has customers in over 50

What is ESG, and is it important in the energy space?

What is ESG, and is it important in the energy space?

Dan Genovese, Director Consulting Services, EnerCom, and myself, were able to sit down and talk about Environmental, Social, and Governance (ESG) and how it applies to the energy sector. Investors started looking at the ESG impact in the oil and

Capitol Report: Here are the industries that could get coronavirus aid from the U.S. government

Capitol Report: Here are the industries that could get coronavirus aid from the U.S. government

Democratic and Republican lawmakers also are working on broad stimulus measures that could help other industries facing financial problems as well as the workers they employ. Senate Majority Leader Mitch McConnell on Tuesday said the Senate will pass a new …

Oil & Gas: Two Frac Sand Producers Idle Wisconsin Plants – What’s Going On?

Oil & Gas: Two Frac Sand Producers Idle Wisconsin Plants – What’s Going On?

Proppant plant slowdown announcements cited changing market demand and recent softness in completions activity and frac sand demand

Last week, two of the largest proppant suppliers to the oil and gas industry announced pullbacks of frac sand production volume from …

Present Day Middle Eastern Game of Thrones – Part Two

Present Day Middle Eastern Game of Thrones – Part Two

[EDITOR’S NOTE: this is the final installment of the OAG360 story in which Helen El Mallakh, director of the International Research Center for Energy and Economic Development (ICEED), discusses the changing political scene and the shifting geopolitical sands that are …

Present Day Middle Eastern Game of Thrones – Part One

Present Day Middle Eastern Game of Thrones – Part One

“The Middle East shapes energy politics, energy crises, and it has a huge impact on geopolitics” – Helen El Mallakh

Ahead of the upcoming 174th OPEC meeting in Vienna, Austria, (scheduled for Friday, June 22, and immediately followed by …

Alberta Clipper Expansion Wins Presidential Permit

Alberta Clipper Expansion Wins Presidential Permit

On October 16, 2017 Enbridge Inc. (Ticker: ENB) received a Presidential Permit with the U.S. Department of State to authorize transportation of 800,000 barrels of oil per day on the existing three-mile segment of the Line 67 pipeline that runs …

Goodrich Petroleum Gains New Credit Facility, Makes Haynesville Acreage Swap

Goodrich Petroleum Gains New Credit Facility, Makes Haynesville Acreage Swap

Credit Facility for GDP

Earlier today Goodrich Petroleum Corporation (ticker: GDP) announced that is has entered into a $250 million senior secured revolving credit agreement with JP Morgan Chase Bank, SunTrust Bank and SunTrust Robinson Humphrey, Inc.

The Credit Facility …

October 18, 2017 - 5:46 pm Closing Bell Story‎, Feature Stories
Will Enbridge’s Line 3 become the Next Keystone XL?

Will Enbridge’s Line 3 become the Next Keystone XL?

Minnesota Commerce Dept. sees no need for Enbridge’s Line 3 Replacement Pipeline Project

The Line 3 Replacement Program is a multi-billion dollar private investment consisting of 1,031 miles of 36-inch diameter pipeline beginning in Hardisty, Alberta and ending in Superior,