Richard
Stubbe
Hart Energy
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
Pioneer Energy’s Tech Offers More Pad Throughput, Fewer Emissions
Pioneer Energy’s Emission Control Treater technology reduces emissions and can boost a well’s crude yield by 5% to10%, executives say.
E&P Highlights: Jan. 13, 2025
Here’s a roundup of the latest E&P headlines, including Chevron starting production from a platform in the Gulf of Mexico and several new products for pipelines.
Minerals M&A to Heat Up in ‘25 with $4B Diamondback Sale–KeyBanc
KeyBanc analysts expect an “imminent” Diamondback Energy dropdown to Viper Energy and at least a couple of $500 million deals by public mineral and royalty companies in 2025, with Sitio Royalties a likely acquirer.
Atlas Energy’s Dune Express Makes First Proppant Delivery to NM
Atlas Energy Solutions’ 42-mile Dune Express fully electric conveyor system delivered its first commercial load of proppant sand from Texas to New Mexico on Jan. 12.
Pioneer to Adapt Emvolon’s Flare Gas-to-Methanol Tech
The Department of Energy awarded Pioneer Energy $6 million to demonstrate the technology at an oil and gas facility in the Eagle Ford Shale for 12 months.
Shale Consolidation Aftermath: The Field Narrows
Widespread consolidation has reshaped the list of top public producers, says Enverus CEO Manuj Nikhanj.
Shale Outlook Permian: The Once and Future King Keeps Delivering
The Permian Basin’s core is in full-scale manufacturing mode, with smaller intrepid operators pushing the basin’s boundaries further and deeper.
Shale Outlook Uinta: Horizontal Boom to Continue in 2025
After two large-scale transactions by SM Energy and Ovintiv, the Uinta Basin is ready for development—and stacked pay exploration.
Constellation Bets Big on NatGas in $16.4B Deal for Calpine
Constellation Energy will acquire Calpine Corp. in a $26.6 billion deal, including debt, that will give the pure-play nuclear company the largest natural gas power generation fleet.
US Drillers Cut Oil, Gas Rigs for First Time in Six Weeks
The oil and gas rig count fell by five to 584 in the week to Jan. 10, the lowest since November.