Cotton Valley – Oil & Gas 360

Tailwater-Backed Elevate Midstream Enters into Eight Year Agreement with Sabine Oil and Gas

August 19, 2019

By Tyler Losier, Energy Reporter, Oil & Gas 360 Elevate Midstream Partners enters into eight year gathering and treating agreement with Sabine Oil and Gas Elevate Midstream Partners LLC, a private company based out of Houston, has entered into an eight-year gas gathering and treating agreement with Sabine Oil and Gas Corporation, an independent E&P operating exclusively in Texas. The

Caliber Midstream Makes North Dakota Acquisition

August 6, 2019

By Tyler Losier, Energy Reporter, Oil & Gas 360 Caliber Midstream acquires North Dakota assets from American Midstream Partners Caliber Midstream Holdings L.P., headquartered in Denver, Colorado, has acquired crude oil gathering and transportation assets in McKenzie county, North Dakota from American Midstream Partners L.P. The acquired assets include a FERC-regulated system comprised of 47 miles worth of pipeline and

Black Bear Midstream Enters into Gas Gathering and Processing Agreement

August 6, 2019

By Tyler Losier, Energy Reporter, Oil & Gas 360 Black Bear Midstream enters into seven-year agreement with undisclosed Cotton Valley producer Black Bear Midstream, a portfolio company of Oaktree Capital Management (stock ticker: OAK), has entered into a seven-year gas gathering and processing agreement with an undisclosed Cotton Valley producer in Desoto Parish and Caddo Parish, Louisiana. To support both

Japan’s Osaka Gas to Acquire Haynesville Shale-Focused American E&P

July 29, 2019

By Tyler Losier, Energy Reporter, Oil & Gas 360 Japanese company Osaka Gas to acquire Texas-based Sabine Oil & Gas Corporation Osaka Gas, a vertically integrated Japanese energy company, has entered into a definitive agreement with Houston-based Sabine Oil & Gas Holdings to acquire 100% of the outstanding shares of its subsidiary, Sabine Oil & Gas Corporation. Should the deal

PetroQuest Energy, Inc. (PQ) Enters Q4 with Strong Oil and Gas Sales

November 3, 2017

PetroQuest Energy’s net daily production rate exceeded 100 MMcfe in Oct., doubling production since Q4 2016 Q3 highlights Oil and gas sales were $28,184,000 Loss to common stockholders of $3,085,000, or ($0.15) per share Discretionary cash flow was $13,741,000 Production was 7.5 Bcfe Lease operating expenses (LOE) increased to $8,863,000 Production taxes totaled $1,112,000 Q4 guidance PetroQuest said that the

PetroQuest Energy Sees 41 MMcfe/Day Combined from Latest Cotton Valley Wells

October 25, 2017

Cotton Valley Drilling and Completions On October 23, 2017 PetroQuest Energy, Inc. (ticker: PQ) announced the results from its horizontal Cotton Valley drilling program in East Texas. PQ reported that three of their Cotton Valley Wells combined are producing approximately 41 MM cfe per day. PQ completed a two well pad which established a cumulative maximum 24-hour gross daily rate

Tailwater Capital Announces $300 Million Haynesville/Cotton Valley Midstream Deal

September 12, 2017

Tailwater Capital-backed Align Midstream, LLC has entered into a definitive agreement to sell the company to Oklahoma City-based Enable Midstream Partners, LP (NYSE: ENBL) for approximately $300 million. Dallas-based Align is focused on producers in East Texas and North Louisiana. Align operates a 100-million cubic feet per day cryogenic natural gas processing plant in Panola, Texas, and approximately 190 miles of natural gas gathering pipelines across Rusk, Panola and Shelby counties

Exclusive Video Interview with Range Resources Chairman, President & CEO Jeff Ventura

August 31, 2017

Range Resources: generating average recoveries in the Marcellus between 2.5 – 3 Bcf per 1000 feet of lateral At its recent 2017 The Oil & Gas Conference®, EnerCom’s Oil & Gas 360® conducted an exclusive video interview with Marcellus producer Range Resources (ticker: RRC) Chairman, President & CEO Jeff Ventura. Credited with discovering and launching the Marcellus shale play, Range

PetroQuest Translating Cash Flow Growth into Production Growth

June 19, 2017

Between its East Texas and Gulf of Mexico assets, PetroQuest (ticker: PQ) produced 5.225 Bcfe during Q1, 2017 at an average rate of approximately 58 Mmcfe per day. The company’s 2016 reserves value was reported at approximately 115 Bcfe, 72% of which was located in the East Texas assets and the other 28% in the Gulf Coast assets. PetroQuest expects

Range Resources: Defining Terryville in 2017

June 1, 2017

EnerCom presenter focus: Range is presenting at EnerCom’s 22nd The Oil & Gas Conference August 13-17, 2018 When Marcellus gas giant Range Resources (ticker: RRC) announced it would acquire Memorial Resource Development in May of 2016, the deal was an attention getter in an industry beset by severe downturn doldrums. The Range-Memorial deal was an all-stock transaction valued at $4.4 billion

PetroQuest Energy Thunder Bayou La Cantera well

PetroQuest Returns to Growth in the First Quarter

May 5, 2017

PetroQuest announces free cash flow and production increased 156% and 13%, respectively Louisiana-based PetroQuest Energy (ticker: PQ) released its first quarter results Wednesday showing improving cash flow and stronger production. According to the company’s press release, free cash flow and production increased 156% and 13%, respectively, quarter-over-quarter. Discretionary cash flow for the first quarter of 2017 was $9,206,000, as compared

WildHorse Borrowing Base Rises to $450 Million

April 5, 2017

WildHorse Resource Development’s (ticker: WRD) existing borrowing base under its $1.0 billion multi-year revolving credit facility was increased by its 15-lender bank group to $450 million from $362.5 million, the company announced today. WRD’s revolving credit facility matures in December 2021. The financial covenants were unchanged, the company said in a statement. Wildhorse is active in the Eagle Ford and North Louisiana Cotton Valley trend.

Premium Content