Jennifer
Pallanich
Hart Energy
PrairieSky Adds $6.4MM in Mannville Royalty Interests, Reduces Debt
PrairieSky Royalty said the acquisition was funded with excess earnings from the CA$83 million (US$60.75 million) generated from operations.
SLB’s ChampionX Acquisition Key to Production Recovery Market
During a quarterly earnings call, SLB CEO Olivier Le Peuch highlighted the production recovery market as a key part of the company’s growth strategy.
Kinder Morgan Sees Need for Another Permian NatGas Pipeline
Negative prices, tight capacity and upcoming demand are driving natural gas leaders at Kinder Morgan to think about more takeaway capacity.
E&P Earnings Season Proves Up Stronger Efficiencies, Profits
The 2024 outlook for E&Ps largely surprises to the upside with conservative budgets and steady volumes.
Aramco Reports Second Highest Net Income for 2023
The year-on-year decline was due to lower crude oil prices and volumes sold and lower refining and chemicals margins.
Will the Ends Justify the Means for W&T Offshore?
After several acquisitions toward the end of 2023, W&T Offshore executives say the offshore E&P is poised for a bounce-back year in 2024.
Berry Bolts On More California Assets as Kern County M&A Continues
As Berry Corp. continues its aggressive hunt for growth opportunities outside of California, the E&P made a second bolt-on acquisition in Kern County in the fourth quarter.
Uinta Basin: 50% More Oil for Twice the Proppant
The higher-intensity completions are costing an average of 35% fewer dollars spent per barrel of oil equivalent of output, Crescent Energy told investors and analysts on March 5.
Everywhere All at Once: Woodside CEO Touts Current Global Portfolio
Meg O’Neill, the CEO of Australian energy giant Woodside Energy, is overseeing the “next wave” of growth projects around the globe, including developments in the Gulf of Mexico, offshore Senegal and further LNG expansion.
Canadian Natural Resources Boosting Production in Oil Sands
Canadian Natural Resources will increase its quarterly dividend following record production volumes in the quarter.