Nissa
Darbonne
Oil and Gas Investor
Latest
E&P Highlights: Dec. 9, 2024
Here’s a roundup of the latest E&P headlines, including a major gas discovery in Colombia and the creation of a new independent E&P.
Pickering: Will Improving Drilling Efficiencies Outrun Inventory-led M&A?
Concerns on remaining inventory are a big driver of M&A activity, but improving drilling efficiencies allow for low rig counts to keep high production, says Dan Pickering, the chief investment officer of Pickering Energy Partners.
As Upstream M&A Settles, Oilfield Services Gear Up for More Deals
Within the first nine months of 2024, oilfield services dealmaking hit $19.7 billion—the highest since 2018, according to Deloitte.
Kolibri CEO Expects Tishomingo Well Pad to be 'More Economic'
Kolibri Global Energy Inc., an operator in the Tishomingo Field in Oklahoma, reported strong performance at its Alicia Renee well pad.
Q&A: How EthosEnergy Keeps the Oil and Gas World Spinning
EthosEnergy CEO Ana Amicarella says power demands and tools are evolving onshore and offshore and for LNG and AI.
E&P Highlights: Dec. 2, 2024
Here’s a roundup of the latest E&P headlines, including production updates and major offshore contracts.
DNO Discovers Oil in New Play Offshore Norway
DNO ASA estimated gross recoverable resources in the range of 27 MMboe to 57 MMboe.
First Helium Plans Drilling of Two Oil Targets in Alberta
First Helium Inc. has identified 10 other sites in the Leduc formation.
Oxy Aims to Expand Lithium Tech to Arkansas
Occidental Petroleum CEO Vicki Hollub confirms the Arkansas leases with its TerraLithium subsidiary that could expand its joint venture with Warren Buffett’s BHE Renewables.
E&P Highlights: Nov. 25, 2024
Here’s a roundup of the latest E&P headlines, including North Sea production updates as well as major offshore contracts and a transfer of interests by Exxon in Suriname.
Falcon, Tamboran Spud Second Well in Australia’s Beetaloo
Falcon Oil & Gas Ltd., with joint venture partner Tamboran, have spud a second well in the Shenandoah South Pilot Project in the Beetaloo.
Fugro’s Remote Capabilities Usher In New Age of Efficiency, Safety
Fugro’s remote operations center allows operators to accomplish the same tasks they’ve done on vessels while being on land.
E&P Highlights: Nov. 18, 2024
Here’s a roundup of the latest E&P headlines, including new discoveries in the North Sea and governmental appointments.
Norway's Massive Johan Sverdrup Oilfield Shut by Power Outage
Norway's Equinor has halted output from its Johan Sverdrup oilfield, western Europe's largest, due to an onshore power outage, the company said on Nov. 18.
MVP Lithium Taps Evove to Commission DLE Plant in Canada
Midas Vantage Projects Lithium said the plant will be located in the Montney Formation in Canada and is considered a “promising new lithium resource.”
Coterra Eyes Wolfcamp D, Penn Shale Upside with $3.95B Permian M&A
With $3.95 billion in Permian M&A, Coterra is adding new Delaware Basin locations in the Bone Spring, Harkey and Avalon benches—and eyeing upside from deeper zones.
EnerMech Secures Contract with Major North Sea Operator
EnerMech will monitor the condition of the U.K. assets in accordance with safety and operational standards.
2024 E&P Meritorious Engineering Awards for Innovation
Hart Energy’s MEA program highlights new products and technologies demonstrating innovations in concept, design and application.
GeoPark Announces Production Start at Argentina’s Confluencia Norte
GeoPark expects production at the Confluencia Norte Block in Rio Negro, Argentina to reach its peak within 90 days of startup.
Interoil Extends Asset Life with Successful Well Intervention in Colombia
Interoil’s intervention brought production at Vikingo well back up to 400 bbl/d of oil.
E&P Highlights: Nov. 11, 2024
Here’s a roundup of the latest E&P headlines, including Equinor’s acquisition of a stake in a major project and a collaboration between oilfield service companies.
TGS Awards First 3D Streamer Contract for Summer 2025
The contract for TGS’ first 3D streamer acquisition for Northwest Europe’s summer season will begin in May 2025.
Fewer Rigs, Bigger Payoff: US Oil Production Continues to Climb Even as Rig Count Drops
Despite a decline in the number of rigs in the U.S., technological advances and improved efficiencies have kept production going, allowing companies to achieve more with fewer resources.
E&P Highlights: Nov. 4, 2024
Here’s a roundup of the latest E&P headlines, including a major development in Brazil coming online and a large contract in Saudi Arabia.
Brazil’s Mero-3 Offshore Development Reaches First Oil
With the start-up of Mero-3, the production capacity of the Mero field has reached 590,000 bbl/d.
BP Awards OneSubsea EPC Contract for GoM Kaskida Project
The OneSubsea subsea boosting system will supply the artificial lift needed to maximize production through the accelerated recovery of reserves.
Matador’s U-lateral Delaware Tests Outproduce 2-mile Straight Holes
Matador Resources' results from eight Loving County, Texas, tests include two 2-mile U-turn laterals, five 2-mile straight laterals and one 1-mile straight lateral, according to state data.
E&P Highlights: Oct. 28, 2024
Here’s a roundup of the latest E&P headlines, including a new field coming onstream and an oilfield service provider unveiling new technology.
As Rig Count Slips, Oil Production Keeps Growing
Despite the offshore rig market showing signs of demand slippage, oil production looks to be on the rise for the foreseeable future, Westwood analysts say.
Transocean Signs Ultra-deepwater Drillship Contract in GoM
Transocean’s ultra-deepwater drillship contract in the Gulf of Mexico looks to generate $193 million in revenue for the company.