This is your Hart Energy A&D Minute with Jordan Soto and powered by Energy Capital Conference.
Excitement is in the air as Occidental Petroleum Corp.’s Midland Basin unproved properties are “better than expected” in the expanded joint venture (JV) with Ecopetrol, according to Oxy’s CEO Vicki Hollub. Read why in a Hart Energy exclusive with senior energy reporter, Pietro Pitts.
Full-throttle dealmaking continues with Northern Oil and Gas Inc. (NOG) announcing an additional core northern Delaware Basin bolt-on acquisition for $130 million as the company eclipses $1 billion in deals this year.
How is Exxon Mobil Corp. viewing its portfolio and possible M&A? From across the pond, the company’s vice president of exploration and former M&A leader explains his view on the major’s dealmaking.
This Hart Energy A&D Minute is powered by Energy Capital Conference on Oct. 25 in Dallas. Watch new A&D Minute episodes every Wednesday, and don’t forget to sign up for our A&D Watch newsletter at HartEnergy.com/newsletters/ad-watch.
2022-11-30 - WoodMac projects deepwater oil and gas production to increase 60% by 2030, reaching 17 million boe/d.
2022-09-20 - Equinor establishes ambitious low-carbon goals for its deepwater Bay du Nord development in Atlantic Canada offshore Newfoundland.
2022-11-10 - Environmental campaigners celebrated on Nov. 10 as state-controlled Equinor pushed back an investment decision on the Wisting offshore oil field to the end of 2026 from December this year, with one analyst saying it could be shelved indefinitely.
2022-11-08 - Not only does the Baker Hughes all-electric subsea tieback reduce topside footprint, it also reduces capex costs by 15%.
2022-10-13 - Phase 2 at Equinor's operated Peregrino field will include a new platform and pipeline and is expected to increase production while lowering operating emissions.