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Exploration & Production
Private E&P CEOs Give Insight On Permian Basin
Admiral Permian Resources and Discovery Natural Resources talk about production and adding value in the Permian Basin as they move toward full field development mode.
Uncertainty Clouds Development Of Argentina’s Vaca Muerta Shale
Analysts are optimistic about Argentina's offshore oil and gas sector, while concerns surround development of the Vaca Muerta Shale.
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HART ENERGY CONNECT: Diamondback CFO: “Money should flow to the Permian”
Kaes Van’t Hof of Viper Energy Partners and Diamondback Energy outlines why he thinks investor money should concentrate on the Permian plus why some E&P’s haven’t been active in M&A yet this year.
The Latest
Tullow Oil Cuts Output Guidance, Kenya Timeline ‘Ambitious’
Tullow Oil downgraded its 2019 output guidance to 90,000-98,000 barrels of oil per day (bbl/d) due to problems at its Ghana fields and sees final go-aheads for its Uganda in the second half while its Kenya project timeline was “ambitious.”
April 25, 2019
Hess Posts Surprise Profit On Higher Bakken, Gulf Of Mexico Output
The company said production from Bakken rose 17% to 130,000 barrels of oil equivalent per day (boe/d), while output from its offshore GoM operations rose nearly 71% to 70,000 boe/d.
April 25, 2019
Exxon Mobil Boosts Exploration Acreage Offshore Namibia
Exxon Mobil signed an agreement with the state-owned NAMCOR for the addition of exploration acreage offshore Namibia including acquisition of seismic data and analysis.
April 25, 2019
HART ENERGY CONNECT: Noble Royalties CEO On Permian Basin Risk, Rewards
After more than 20 years of buying and selling minerals in the oil and gas business, Noble Royalties CEO Scott Noble shares the keys to gauging risks.
April 25, 2019
Laredo Petroleum Names Jason Pigott As CEO Randy Foutch’s Successor
Permian Basin oil and gas operator Laredo Petroleum said Mikell J. “Jason” Pigott will succeed Randy A. Foutch as CEO following Foutch’s retirement by the end of 2019.
April 24, 2019
Private E&P CEOs Give Insight On Permian Basin
Admiral Permian Resources and Discovery Natural Resources talk about production and adding value in the Permian Basin as they move toward full field development mode.
April 24, 2019
Delek Reportedly Closing In On $2 Billion Deal For Chevron’s North Sea Assets
Israel's Delek Group is close to clinching Chevron's oil and gas fields in the British North Sea, which have a price tag of around $2 billion, sources familiar with the matter told Reuters.
April 24, 2019
CNOOC, PetroChina Team Up In South China Sea
CNOOC Ltd. subsidiary CNOOC China Ltd. has signed a petroleum contract with PetroChina Co. Ltd, for the Beibu Gulf 23/29 and Beibu Gulf 24/11 blocks in the South China Sea’s Beibu Gulf Basin, according to a news release.
April 24, 2019
Shell Makes Deepwater Discovery In Gulf Of Mexico
The company said April 24 that it encountered more than 400 ft net of oil pay.
April 24, 2019
Italy’s Eni Keeps Production Outlook As 1Q Profit Misses Forecast
The state-controlled major confirmed oil and gas production would grow by 2.5% in 2019, driven in part by increases at its giant fields in Egypt and Kazakhstan.
April 24, 2019