Field Development
Field Development , Deepwater
Egypt Agrees To Deepwater Exploration Deal With Exxon Mobil, Chevron, Others
Egypt has reached initial agreements with five major energy firms to explore for oil and gas in deep waters in off its western coast on the Mediterranean, the petroleum minister said.
Field Development
Exxon Mobil Readies For Ramp Up Of Massive Indonesia Field
The expansion comes closely after the discovery of new proven oil reserves in and around the Banyu Urip Field, which is estimated to be more than double the previous one.
Company Profiles , Unconventional , Field Development , Shale Plays
Ovintiv Shows Progress In Anadarko Basin Post Newfield Acquisition
Ovintiv, formerly known as Encana, said it has shaved more than $1 million off drilling and completion costs in the Stack shale play.
Field Development
Delek Expects Leviathan Expansion Investment Decision In 2020
The offshore Leviathan project came online a month ago and is already supplying Egypt and Jordan with natural gas.
Public Capital , Field Development , Shale Plays
E&P Momentum: Back To Basics
As high-flying cube programs produce less than stellar results, Midcontinent E&Ps discover redemption in focusing on acreage rather than single-well economics.
Field Development
Papua New Guinea Scraps Talks With Exxon Mobil On P’nyang Gas Project
The government said Exxon had refused to budge on the financial terms for developing the gas field and failed to come up with an offer that it could accept.
Field Development , Transactions
Total, Tullow Launch Joint Sale Of Stakes In Kenyan Oil Project
The two oil and gas producers have hired French bank Natixis to run the joint sale process for Blocks 10 BA, 10 BB and 13T in the South Lokichar Basin, sources say.
Field Development
Australia’s FAR Takes Final Investment Decision For Senegal Oil Project
The Senegal government recently gave the greenlight for the project, which is expected to produce 231 million barrels (MMbbl) of oil resources in its initial phase of development and strike first oil in the next three years.
Field Development
Eni’s Agogo Oil Field In Angola Begins Production
The Agogo field was Angola’s largest offshore discovery in years and could help slow years of production declines in Africa’s second-biggest exporter.
Unconventional , Field Development
E&P Market Intelligence: Less Is More In The Midcon
Midcontinent E&P companies reduce well intensity to generate economic returns.