The Coming to Americas panel at the Offshore Technology Conference (OTC) looked at opportunities and implications as well as the challenges for the industry brought on by fluctuations in commodity prices. Julie Wilson, director, Wood Mackenzie, discussed growth. Erik Oswald, Vice President, exploration, Exxon Mobil Corp., talked about retracting and retaining the oil and gas industry in the Americas. He also discussed investment, comparing it to a marriage. Finally, Cindy Yeilding, senior Vice President, BP America, talked about collaborating in the Gulf of Mexico, saying it’s a “collaboration playground.”
Hear what else they had to say in this video report.
Recommended Reading
Permian Operators Colgate, Centennial to Combine in $7 Billion Merger
2022-05-19 - The $7 billion “merger of equals transaction” of Centennial Resource Developement and Colgate Energy will create the largest pure-play E&P company in the Delaware Basin of the Permian.
Petro-Hunt Acquires Delaware Basin Assets from Admiral Permian Resources
2022-03-10 - Petro-Hunt completed the acquisition of predominantly operated oil and gas production and 21,430 net acres of leasehold in the Delaware Basin from Admiral Permian Resources, according to a recent company release.
Whiting, Oasis Petroleum to Combine in $6 Billion ‘Merger of Equals’
2022-03-07 - The combined company, to be led by Oasis CEO Danny Brown, will operate a premier Williston Basin position under a new name.
HighPeak Energy to Acquire Hannathon Permian Properties for $373.4 Million
2022-04-27 - The Hannathon acquisition adds roughly 18,600 net acres largely contiguous to the company’s existing Signal Peak position in the Permian Basin where Chairman and CEO Jack Hightower said HighPeak began its strategic expansion last August.
Grey Rock Agrees to $1.3 Billion Business Combination with Paul Ryan-backed SPAC
2022-05-16 - Grey Rock will contribute oil and gas assets in the Permian Basin, Bakken, Eagle Ford Shale, D-J Basin and Haynesville Shale plays to form Granite Ridge Resources.