North America
News
April 08, 2024
The acquisition includes approximately 253 gross and 2 net producing wells operated by top operators Aethon, Southwestern, and Chesapeake.
News
April 08, 2024
In the five years since its founding, the PSP has nearly doubled in size and exponentially expanded its impact in Southeast New Mexico and West Texas.
News
April 08, 2024
the Dorado shale field in the Eagle Ford will allow TotalEnergies to increase its net U.S. natural gas production by 50 MMcfd in 2024, with the potential for an additional 50 MMcfd by 2028.
News
April 07, 2024
Akal-B, which is part of the Cantarell production complex, produces 200,000 bopd 900,000 cfgd. The fire began where gas fuel pipes feed the platform’s turbo machinery.
News
April 05, 2024
Chesapeake Energy Corp.’s $7.4 billion takeover of Southwestern Energy Co. has been delayed until the second half of the year after antitrust regulators demanded more details from the natural gas operators.
News
April 03, 2024
Who Dat East is estimated to contain 17 MMboe of gross unrisked 2C Contingent Resources. The Who Dat South prospect is estimated to contain 31 MMboe of gross unrisked 2U Prospective Resources, with the geological probability of success estimated to be 52%.
News
April 02, 2024
Transocean Ltd. announced a 365-day contract extension for the Deepwater Asgard with an independent operator in the U.S. Gulf of Mexico. The program is expected to commence in June 2024.
News
April 02, 2024
Total flow rates (inclusive of recovery of frac fluid) averaged roughly 600 bpd over the duration of the flow back. Multiple oil samples were recovered with measured oil gravities of between 39.9 to 41.4 API (representing a light crude oil).
News
April 02, 2024
The acquisition will help SLB expand its artificial lift technology, which helps keep output from older wells flowing. SLB has the biggest market share in artificial lift with 21%, and ChampionX will add to that with its 5% of the market, according to Evercore ISI, citing data from industry consultant Spears & Associates.
News
April 01, 2024
The acquisition will bring APA’s daily reported production to approximately 500,000 boe, approximately two-thirds coming from the Permian basin. The acquired assets include approximately 120,000 net acres in the Delaware basin and 25,000 net acres in the Midland Basin.
News
April 01, 2024
The divestment includes Beacon’s 18.7% interest in the Buckskin producing field, 17% interest in the Leon development, 16.15% interest in the Castile development, 0.5% interest in the Salamanca FPS/lateral infrastructure, and 32.83% interest in the Sicily discovery.
News
U.S. shale drillers to reduce Permian drilling emissions, increase reliability with nuclear reactors
April 01, 2024
Diamondback, the largest independent producer headquartered in the shale-oil region, has signed a nonbinding letter of intent with Oklo Inc. to deploy small reactors for some of its future power needs, according to Diamondback President Kaes Van’t Hof.
News
March 28, 2024
The Houston-based company said in a letter to shareholders Thursday that Kimmeridge’s unsolicited offer to combine its Texas gas assets with SilverBow in exchange for 32.4 million shares priced at $34 each significantly undervalues the company.
News
March 27, 2024
There’s “a lot of desire out there to have more than one Haynesville stock on the market,” Andrea Passman, chief operating officer at Aethon Energy, said at a conference in Shreveport, Louisiana, on Wednesday.
News
March 27, 2024
Drillers in the Permian basin told the survey they could profitably bore new wells with a crude price of $65 a bbl, well below the $83 actual price during the period in which opinions were gathered. The snag, however, is concern that the Biden administration may impose costly regulatory changes that would gut future profitability, survey respondents said.
News
March 25, 2024
Judge Christopher Copper ruled in favor of the Bureau of Land Management’s (BLM) greenhouse gas (GHG) analysis that served as the basis of the sale of 162 leases in Wyoming, Montana, North Dakota, Oklahoma, New Mexico, Nevada, and Colorado.
News
March 21, 2024
During the discussion and following press conference, Gov. Dunleavy made it clear that Alaskan resources are “extraordinary” due to the state’s unique location and history. Alaska’s proven reserves include over 100 Tcf of natural gas and billions of barrels of oil.
News
March 19, 2024
Lance predicted that first production from its Willow development will occur in “four more winters.” The CEO applauded the project as an important boost for Alaska’s economy, creating many jobs and enhancing the U.S.’ energy security.
News
March 15, 2024
The number of U.S. rigs drilling for oil rose by six to 510, the biggest mark since Sept. 15, according to data released by Baker Hughes Co. on Friday. After months of relatively low growth, shale operators have now added more than a dozen rigs since mid-February.
News
March 15, 2024
Rig 257 is a Flex 3 1,500HP drilling rig fully capable of drilling the planned well and managing the high reservoir pressures expected to be encountered.
News
Subsea7 secures offshore contract for Woodside’s Gulf of Mexico Trion field worth up to $500 million
March 14, 2024
Subsea7 will be responsible for the engineering, construction, and installation of the subsea umbilicals, risers, and flowlines, as well as the associated subsea architecture.
