More Top Stories in Exporation & Production

Western Midstream Details Carbon-Management Initiative with Occidental

Analysts note that midstream operators of all sizes may have opportunities in CCUS.

February 2, 2023

Devon Energy CEO Rick Muncrief Shares Secrets of Successful A&D

Devon Energy’s chief executive revealed the formula that made the firm’s merger with WPX Energy work. 

February 2, 2023

Diamondback Closes $1.55 Billion Lario Acquisition, Boosting Midland Basin Inventory

With the Lario Permian deal closed, Diamondback wraps up a pair of fourth-quarter 2022 deals in which it purchased private Midland Basin operators for a total of about $3.3 billion.

January 31, 2023

Bud Brigham's OFS Firm Atlas Energy Files for IPO

Atlas Energy, based in Austin, Texas, was reported last year to be preparing for a public listing that could value it at between $2 billion and $3 billion, including debt.

January 31, 2023

Murphy Oil Posts $965 Million Income for 2022

Murphy Oil increased production and pay down debt with the help of King’s Quay project going onstream in the Gulf of Mexico and high output from new Eagle Ford wells.

January 31, 2023

North Hudson Launches $275 Million Oil, Gas Credit Fund

North Hudson said it's providing capital solutions to small- and mid-sized operators at a time when capital providers in the oil and gas sector are pulling back.

January 31, 2023

Subsea Services Market Expected to Top $7 Billion in 2023

Rystad Energy sees increased brownfield activity driving a 20% increase in projected spend in the subsea services market in 2023.

January 31, 2023

W&T Offshore Closes $275 Million Notes Offering

W&T Offshore said its new notes give the company more liquidity to potentially fund higher return accretive capital projects and acquisitions in the near term.

January 30, 2023

Eni, TotalEnergies Complete Transfer of Lebanon Exploration Block Interest to QatarEnergy

Eni and QatarEnergy both hold a 30% interest in the offshore Lebanon Blocks 4 and 9, while operator TotalEnergies holds a 35% interest.

January 30, 2023

Chevron Says Venezuela Production Up Nearly 80%

Chevron Corp. reported a positive uptick in oil production in Venezuela while Permian Basin production grew 8% year-over-year.

January 30, 2023