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E&P Highlights: Oct. 7, 2024
Here’s a roundup of the latest E&P headlines, including a major announcement from BP and large contracts in the Middle East.
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Smart Tech Moves to the Hazardous Frontlines of Drilling
In the quest for efficiency and safety, companies such as Caterpillar are harnessing smart technology on drilling rigs to create a suite of technology that can interface old and new equipment.
E&P Highlights: Oct. 7, 2024
Here’s a roundup of the latest E&P headlines, including a major announcement from BP and large contracts in the Middle East.
Prairie Operating Gets Output, Acreage Boost from Nickel Road M&A
Prairie Operating closed an acquisition of acreage and production in Weld County, Colorado, where the D-J Basin player is drilling its first Niobrara horizontals.
APA, TotalEnergies Aim for 'New Dawn' in Suriname with Massive GranMorgu Project
APA Corp. and TotalEnergies announced a $10.5 billion final investment decision for the GranMorgu project located offshore Suriname in Block 58. First production to come from a 220,000 bbl/d FPSO is slated to flow in 2028.
APA Corp., TotalEnergies Announce $10.5B FID on ‘Goliath’ Sized Deal Offshore Suriname
APA and TotalEnergies’ offshore Suriname GranMorgu development is estimated to hold recoverable reserves of more than 750 million barrels.
E&P Highlights: Sept. 30, 2024
Here’s a roundup of the latest E&P headlines, including concessions awarded in the Middle East and updates following Hurricane Helene.
CNOOC Brings Online Phase 2 of Natgas Project in South China Sea
CNOOC’s Shenhai-1Natural Gas Development Project is expected to reach peak production in 2025.
Baseline Energy Opens New Uinta Basin Power Generator Facility
Baseline Energy Services’ facility in the Uinta Basin plans to support the region’s mobile power generator fleet with a range of maintenance and repair services.
E&P Highlights: Sept. 23, 2024
Here's a roundup of the latest E&P headlines, including Turkey receiving its first floating LNG platform and a partnership between SLB and Aramco.
Western Haynesville Wildcats’ Output Up as Comstock Loosens Chokes
Comstock Resources reported this summer that it is gaining a better understanding of the formations’ pressure regime and how best to produce its “Waynesville” wells.
PakEnergy Plows Ahead with New SCADA Solution
After acquiring Plow Technologies, home of the OnPing SCADA platform, PakEnergy looks to enhance its remote monitoring solutions.
E&P Highlights: Sept. 16, 2024
Here’s a roundup of the latest E&P headlines, with an update on Hurricane Francine and a major contract between Saipem and QatarEnergy.
Transocean Scores $232MM Contract for Deepwater Atlas
Transocean’s newest $232 million ultra-deepwater contract follows the company’s $123 million contract for six wells offshore India by Reliance Industries.
E&P Highlights: Sept. 9, 2024
Here’s a roundup of the latest E&P headlines, with Talos Energy announcing a new discovery and Trillion Energy achieving gas production from a revitalized field.
Go Long: Exxon, EOG Extend Permian Laterals, Lead US Onshore Drilling
When it comes to drilling in U.S. onshore basins, no other operators are drilling more than Exxon Mobil and EOG Resources, according to Enverus data.
Transocean Contracted for Ultra-deepwater Drillship Offshore India
Transocean’s $123 million deepwater drillship will begin operations in the second quarter of 2026.
Could UpCurve Be an M&A Target in Delaware Inventory Scramble?
On a shrinking list of private equity-backed Delaware Basin operators, UpCurve Energy’s CEO told Hart Energy there’s a “reasonable chance” the company’s Reeves County, Texas, assets will be sold off.
E&P Highlights: Aug. 26, 2024
Here’s a roundup of the latest E&P headlines, with Ovintiv considering selling its Uinta assets and drilling operations beginning at the Anchois project offshore Morocco.
How Liberty Rolls: Making Electricity, Using NatGas to Fuel the Oilfield
Liberty Energy CEO Chris Wright said the company is investing in keeping its frac fleet steady as most competitors weather a downturn in oil and gas activity.
Allied Resources Acquires Kansas Acreage, Plans Eight Well Program
Allied Resource Partners said it is processing 3D seismic survey data for a field in Grove County, Kansas.