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.

February 17, 2020

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.

February 13, 2020

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.

February 4, 2020

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.

February 3, 2020

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.

February 3, 2020

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.

January 31, 2020

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.

January 23, 2020

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.

January 21, 2020

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.

January 17, 2020

Unconventional , Field Development

E&P Market Intelligence: Less Is More In The Midcon

Midcontinent E&P companies reduce well intensity to generate economic returns.

January 16, 2020