Talos Makes Discovery, Adds Prospect to Drilling Portfolio in GoM

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 Closes $1.6B Diamond Acquisition

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.

Breakthroughs in the Energy Industry’s Contact Sport, Geophysics

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.

Go Long: Exxon, EOG Extend Permian Laterals, Lead US Onshore Drilling

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.

Franklin Mountain Pulls Trigger on Gunbarrel’s 18-well Delaware Project

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 Leadership to Deliver on Growth Strategy

Baker Hughes’ updates to its leadership team will go into effect on Oct. 1.

Private Producers Find Dry Powder to Reload

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 Buys Stakes in Five Norwegian Sea Fields from Vår Energi

DNO’s acquisition of stakes from Vår Energi includes interests in four producing fields—Norne, Skuld, Urd and Marulk— and the Verdande development.

Interoil to Boost Production in Ecopetrol Fields

Interoil will reopen shut-in wells at three onshore fields, which are under contract by Ecopetrol.

STRYDE Awarded Seismic Supply Contracts in Mexico

STRYDE was awarded two seismic node supply contracts in Mexico, the company’s first projects in the country.