Talos Energy Inc. made an oil and natural gas discovery at the Ewing Bank 953 well and entered into an agreement to began prospecting the Sebastian well in the Gulf of Mexico.
Noble Corp.’s cash-and-stock deal to acquire Diamond Offshore Drilling comes as service companies continue to consolidate in an aftershock of widespread upstream M&A.
At the 2024 IMAGE Conference, Shell’s Bill Langin showcased how industry advances in seismic technology has unlocked key areas in the Gulf of Mexico.
When it comes to drilling in U.S. onshore basins, no other operators are drilling more than Exxon Mobil and EOG Resources, according to Enverus data.
In August, Franklin Mountain Energy brought online its 18-well Gunbarrel project, targeting the Delaware Basin’s Third Bone Spring and Wolfcamp A, among other intervals.
Baker Hughes’ updates to its leadership team will go into effect on Oct. 1.
An E&P consolidation trend took out many of the biggest private producers inside of two years, but banks, private equity and other lenders are ready to fund a new crop of self-starters in oil and gas.
DNO’s acquisition of stakes from Vår Energi includes interests in four producing fields—Norne, Skuld, Urd and Marulk— and the Verdande development.
Interoil will reopen shut-in wells at three onshore fields, which are under contract by Ecopetrol.
STRYDE was awarded two seismic node supply contracts in Mexico, the company’s first projects in the country.