Highlights from this week’s report:
- As Devon announces the sale of $340MM of Eagle Ford assets, they ramp up in the STACK with 27 permits last month!
- We have seen one good sized acquisition after another. Last week, we wrote about a shell company Briar Oil and Gas that purchased 325 wells in the Arkoma from BP; This week Stephens & Johnson out of Wichita Falls purchased 413 wells from Chevron in Stephens county.
- Take a look at the map showing Transfers, notice all the activity in the Arkoma? A lot of people must be long on gas.
- There is lots of A&D activity that you would never see unless you either read this blog or were an Oseberg subscriber! By the way, you can now subscribe to this weekly update, fill out the form on the left.