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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.

Tags: week market gas oil

 

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.

Tags: gas oil northern fund

 
 

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.

Tags: sale million gas oil

 

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.

Tags: north american record count

 

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.

Tags: gas oil cuts royalties

 

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