TotalEnergies CEO Patrick Pouyanné says the company has been eying a low oil-to-gas ratio in Suriname in order to have an efficient development.
A bevy of projects in the Middle East promises a boom in future revenues for SLB, Baker Hughes and Halliburton.
A new government report illustrates tight cash flow for E&P companies, and predicted increased capex.
Matador expects a boost in production from its $1.6 billion Permian Basin acquisition and touts new “horseshoe” wells as first-quarter results came in above expectations
Riley Exploration Permian’s board of directors approved a cash dividend of common stock of $0.34 per share to be paid to stockholders on record as of the close of business on April 25.
Midland Basin E&P HighPeak Energy Inc. announced its board of directors declared a quarterly dividend of $0.025 per share of common stock outstanding in an April 10 press release.
With natural gas flows on track to rise, Targa, EnLink and ONEOK are racing to keep up.
Record returns were galvanized by global energy shortages due to Russia's war in Ukraine and under-investment in new developments and infrastructure.
Aramco's profits, which are around triple that of Exxon's $56 billion, follow similar reports in February from international peers such as BP, Shell, and Chevron which have mostly posted record profits for last year.
After a year of expansion in 2022, Ovintiv plans on a positive but cautious approach to M&A while bringing wells online in the Permian, Montney, Rockies and the Anadarko this year.