Onshore
News
August 08, 2025
Milbank LLP is advising YPF S.A. in connection with its definitive agreement with Total Austral S.A., an affiliate of TotalEnergies, to acquire a 45% interest in Rincón La Ceniza and La Escalonada, two unconventional oil and gas blocks located in Argentina, for $500 million.
News
August 07, 2025
Danos has acquired Wood’s U.S. onshore labor supply operations, expanding its oil and gas workforce presence in shale regions like the Permian and Eagle Ford.
News
August 07, 2025
ConocoPhillips is divesting its Anadarko basin assets for $1.3 billion, surpassing its $2 billion divestiture target early as part of a broader portfolio streamlining effort following the Marathon Oil integration.
News
August 07, 2025
Occidental has raised $950 million through recent Permian asset sales and repaid $7.5 billion in debt since July 2024, continuing its post-CrownRock strategy to streamline operations and strengthen its balance sheet.
News
August 07, 2025
Civitas Resources has sold $435 million in non-core DJ Basin assets and named Wouter van Kempen as interim CEO, aligning its portfolio strategy with leadership changes and a focus on debt reduction and shareholder value.
News
August 06, 2025
TotalEnergies is selling its 45% stake in two Vaca Muerta shale blocks to YPF for $500 million, shifting focus to core assets in Argentina’s Neuquén Basin and offshore Tierra del Fuego.
News
August 06, 2025
Presidio's entry into the public markets comes as the capital-intensive shale era gives way to a more disciplined focus on returns. Presidio’s differentiated model emphasizes zero reliance on future drilling, minimal capital investment, and substantial free cash flow.
News
August 05, 2025
Oil-drilling activity in Argentina’s Vaca Muerta shale patch is set to weaken in the near term as companies restrain spending, said the chief executive officer of the region’s biggest crude producer YPF SA.
News
August 05, 2025
Halliburton has secured a contract to provide completions and downhole monitoring services for the Northern Endurance Partnership (NEP) carbon capture and storage (CCS) system in northeast England’s East Coast Cluster (ECC).
News
July 31, 2025
The ES valves are currently being piloted in live operating conditions at Upper Zakum and Das Island - key production fields with high operational and environmental expectations. Conducted in both onshore and offshore environments, the pilot aims to eliminate fugitive emissions.
News
July 29, 2025
Halliburton has launched LOGIX™ automated geosteering, a part of the LOGIX™ automation and remote operations family of solutions, that optimizes geological interpretation and well placement.
News
July 28, 2025
Enterprise Products Partners LP, one of the largest pipeline operators in the Permian basin, sees oil production in the region holding up this year despite an expected drop in crude prices.
Article
July 2025
The SMART-LINK system integrates advanced digital technology and real-time data analytics for unparalleled insight into operational wellbore conditions.
News
July 24, 2025
The Trump administration has restored Chevron's ability to pump oil in Venezuela, according to unnamed sources. Key to the arrangement was an assurance that no royalties or taxes would benefit the government of Venezuela’s socialist leader, Nicolas Maduro.
Article
July 2025
With advanced geomechanics modeling, Halliburton helps operators in the Permian basin drill smarter, safer, and with greater efficiency—to turn subsurface uncertainty into predictable results.
News
July 22, 2025
The world’s largest provider of hydraulic fracturing is forecasting shrinking margins in its biggest business line as weakening demand weighs on the prices it can charge, CEO Jeff Miller said Tuesday. The company plans to idle or retire some equipment.
News
July 18, 2025
bp Plc has agreed to sell its U.S. onshore wind business to LS Power, as the company continues efforts to pivot back toward its core oil and gas business and reverse years of share underperformance.
News
July 14, 2025
Falcon Oil & Gas Ltd. has completed successful flow-rate tests and commenced its 2025 drilling campaign in Australia’s Beetaloo sub-basin. The flow rate results are comparable to top shale wells in the U.S., and the drilling campaign will be the largest in the Beetaloo to-date, said Falcon's CEO.
News
July 14, 2025
Tullow Oil and Kenya's Gulf Energy Ltd. have secured an extension to submit a development plan for fields in Kenya, a crucial step to completing a sale of the assets. Tullow agreed to sell the oil deposits to Gulf Energy in April, after struggling for more than a decade to bring them on stream.
News
July 10, 2025
Mach Natural Resources today announced its expansion into the Permian and San Juan basins with two acquisitions valued at a total of $1.3 billion. The assets purchased from Sabinal Energy and IKAV Energy will nearly doubles Mach’s production from 81 Mboed to approximately 152 Mboed, the company said in a news release.
News
July 09, 2025
Chevron is reducing local and regional business units in favor of a more centralized model to improve performance and cut as much as $3 billion of costs by 2026. Changes will include single divisions for both offshore and shale operations, says Vice Chairman Mark Nelson.
