Here are the latest top 20 cumulative oil- and gas-producing wells in the U.S. Gulf of Mexico.
The number of oil and gas companies disclosing ESG strategies in their proxy statements has significantly increased in the last three months.
BP’s chief U.S. economist depicts global challenges posed by decarbonization.
The industry’s fate still comes down to what level of oil demand there is now, and what it will be in the future.
The divestiture follows two transformative back-to-back acquisitions made by Enerplus earlier this year in the Williston Basin worth almost $800 million.
The largest week-over-week changes in the rig count occurred in the Permian Basin and Williston Basin.
HEQ Deepwater, a partnership between Quantum and Houston Energy, recently acquired a stake in the Shenandoah deepwater project in the U.S. Gulf of Mexico.
The oil and gas industry went from having a red problem in terms of losing money to a green problem with the “ESG tidal wave,” says Chuck Yates, who currently serves on the Cottonwood Venture Partners advisory board.
Esperanza Capital Partners was founded by oil industry veterans David M. Dunwoody Jr. and William H. Goodwin alongside an investment from Cockrell Interests to target the acquisition of energy and infrastructure assets in the U.S. Gulf of Mexico.
However, the “anti-pipe movement” in the U.S., which has derailed a number of oil and gas projects, could pose similar threats to new, large-scale CO₂ pipelines.
Once onstream, production from Shenandoah is expected to catapult Beacon Offshore Energy from its current position as the 20th-largest producer in the U.S. Gulf of Mexico to the 10th spot, says Wood Mackenzie analyst Mfon Usoro.
RigCLOUD's new digital tool delivers emissions and performance data to drillers and operators, optimizing engine utilization and reducing their carbon footprint.
Andros Capital agreed to fund approximately $150 million to participate in a development drilling program targeting the Spraberry and Wolfcamp formations on MPDC’s Permian Basin position in Midland County, Texas
Here’s a snapshot of recent energy deals including the sale of Basic Energy Services’ California business to Berry in a bankruptcy auction plus Diversified Energy’s continued Haynesville expansion with a $154 million deal.