Darren
Barbee
Oil and Gas Investor
Valeura Energy Updates Jasmine Development Offshore Thailand
Valeura Energy has seen aggregate oil production of 10,000 bbl/d in its offshore Gulf of Thailand development over a seven-day period.
GeoPark Announces Production Start at Argentina’s Confluencia Norte
GeoPark expects production at the Confluencia Norte Block in Rio Negro, Argentina to reach its peak within 90 days of startup.
TGS Awards First 3D Streamer Contract for Summer 2025
The contract for TGS’ first 3D streamer acquisition for Northwest Europe’s summer season will begin in May 2025.
Brazil’s Mero-3 Offshore Development Reaches First Oil
With the start-up of Mero-3, the production capacity of the Mero field has reached 590,000 bbl/d.
The Latest
As Upstream M&A Settles, Oilfield Services Gear Up for More Deals
Within the first nine months of 2024, oilfield services dealmaking hit $19.7 billion—the highest since 2018, according to Deloitte.
US Drillers Add Oil, Gas Rigs for First Time in 8 Weeks
The oil and gas rig count rose by seven to 589 in the week to Dec. 6, its highest since mid-September.
Kolibri CEO Expects Tishomingo Well Pad to be 'More Economic'
Kolibri Global Energy Inc., an operator in the Tishomingo Field in Oklahoma, reported strong performance at its Alicia Renee well pad.
Pickering: Will Improving Drilling Efficiencies Outrun Inventory-led M&A?
Concerns on remaining inventory are a big driver of M&A activity, but improving drilling efficiencies allow for low rig counts to keep high production, says Dan Pickering, the chief investment officer of Pickering Energy Partners.
Surge Energy Balancing M&A Hunt with Testing Midland’s Shallow Zones
Surge Energy’s Travis Guidry discusses the potential for $1.3 billion in Permian Basin M&A and the company’s quest to grow inventory organically.
Woodside Pushes Louisiana LNG Project Forward with Bechtel Contract
Woodside Energy signed a revised engineering, procurement and construction contract with Bechtel, which had already performed work on the project when it was still owned by Tellurian.
CNX’s $505MM Bolt-On Adds Marcellus, Deep Utica in Pennsylvania
CNX Resources CEO Nick Deluliis said the deal to buy Apex Energy underscores CNX’s confidence in the stacked pay development opportunities unlocked in the deep Utica.
Aris Water Solutions’ Answers to Permian’s Produced Water Problem
Aris Water Solutions has some answers to one of the Permian’s biggest headwinds—produced water management—but there’s still a ways to go, said CEO Amanda Brock at the DUG Executive Oil Conference & Expo.
Q&A: How EthosEnergy Keeps the Oil and Gas World Spinning
EthosEnergy CEO Ana Amicarella says power demands and tools are evolving onshore and offshore and for LNG and AI.
SM Energy Adds Petroleum Engineer Ashwin Venkatraman to Board
SM Energy Co. has appointed Ashwin Venkatraman to its board of directors as an independent director and member of the audit committee.