North America
News
January 11, 2024
By combining high-quality, large-scale acreage in Appalachia and Haynesville, the pro forma company has current net natural gas production of approximately 7.9 Bcfd, with more than 5,000 gross locations and 15 years of inventory.
News
January 10, 2024
First oil is expected to occur early in the second quarter 2024, and from three initial wells projected to deliver gross production of approximately 22,000 boepd.
News
January 09, 2024
When complete, Trion will have a production capacity of 100,000 bpd and connect to a 950,000 bbl capacity floating storage and offloading vessel.
News
January 08, 2024
Oil production from the six wells collectively peaked at about 400 bpd before the wells were idled in 2015 due to oil prices dropping below $30 per bbl. Returning the field to production will occur in steps, with the 58X-23 and the HH-1-ST2 wells being the first two of the six previously producing oil wells to be returned to production.
News
January 08, 2024
Most of shale’s private operators in the Permian basin are planning modest growth this year as one of the main engines of U.S. oil expansion downshifts amid volatile commodity prices.
News
January 06, 2024
The acquisition would make Chesapeake’s gas production larger than its biggest rival, EQT Corp., and expand its holdings in two key gas drilling regions: the Marcellus basin in Appalachia and the Haynesville basin in Louisiana and East Texas.
News
January 05, 2024
Rockcliff is a premier upstream natural gas company focused on developing the East Texas Haynesville shale. With field headquarters in Longview, Texas, the company has a footprint in five Texas counties, operating more than 200,000 net acres with more than 1.3 Bcfd of gross operated natural gas production.
News
January 05, 2024
The impairment to be recorded in fourth-quarter earnings is “primarily” related to its Santa Ynez operations off the coast of Santa Barbara, Exxon said in a filing Thursday.
News
January 04, 2024
Danos will oversee the coordination of materials and personnel to and from multiple bp locations, ensuring streamlined and efficient logistical support.
News
January 04, 2024
Callon’s assets provide additional scale to APA’s operations across the Permian basin, most notably in the Delaware basin, where Callon has nearly 120,000 acres. On a pro forma basis, total company production exceeds 500,000 boed and enterprise value increases to more than $21 billion.
News
January 03, 2024
The deal, which was announced Oct. 2023, adds over 40,000 new-acres in the Permian’s Midland basin, production levels of approximately 62 MMboed, of which 50% is oil, and roughly 400 development locations in the Spraberry and Wolfcamp formations.
News
January 03, 2024
The Lime Rock and Venice wells were brought safely online in late December 2023 and have achieved an initial combined gross production rate of over 18,500 boed, averaging about 45% oil and 55% liquids.
News
January 02, 2024
The Sparta FPU will feature a single topside bolstered by a four-column, semi-submersible floating hull and is designed to produce 90,000 boed.
News
January 02, 2024
Chevron Corp. will book fourth-quarter charges of $3.5 billion to $4 billion, citing assets it sold in the Gulf of Mexico and policies in California prompting the company to slash investments in the state.
News
December 31, 2023
Mach Natural Resources LP has closed the acquisition of certain interests in oil and gas properties, rights and related assets located in certain counties in Oklahoma from Paloma Partners IV, LLC.
News
December 31, 2023
The purchase will increase Vital Energy’s working interest in 45 wells by an average of 24%, increasing the company’s estimated 2024 production by approximately 1,400 boed (57% oil).
News
December 31, 2023
In total, Duvernay Energy will have exposure to about 200,000 gross acres in the liquids rich and oil windows with roughly 500 gross future well locations.
News
December 28, 2023
Crescent Point's production guidance has changed by 2,000 boed compared to its preliminary guidance, despite the recently announced non-core asset dispositions of approximately 5,000 boed.
News
December 28, 2023
Ellipsis acquired non-operated oil and gas assets with current production of more than 6,000 boed (2-stream) and significant operational upside associated with approximately 550 gross remaining locations.
News
December 23, 2023
Talos President and Chief Executive Officer Timothy S. Duncan commented, "The proximity of these prospects to our existing assets, including Ram Powell, Pompano, Prince, and Brutus facilities, bolsters our infrastructure-led, near-field strategy in the Gulf of Mexico while providing opportunities to lower the overall carbon intensity of our assets over time.
News
December 23, 2023
According to the Bureau of Land Management, the Willow project is expected to deliver $8 billion to $17 billion in new revenue for the federal government, the state of Alaska and Alaska Native communities.
