Rio Grande Exploration & Production president and CEO, Glenn Hart shares why this time he’s confident in the company’s relationships and the area.
China's natural gas demand is expected to reach 307 billion cubic meters (Bcm) this year, an increase of just 10% from 2018, an official of state-run Sinopec Gas Co. said on Oct. 15, as a slowing economy hits consumption.
Whiting Petroleum Corp., an oil and gas producer with operations in North Dakota and Colorado, is in deal talks with San Antonio-based Abraxas Petroleum Corp. , two people familiar with the matter told Reuters.
Interest is expected to continue picking up in the Sergipe-Alagoas Basin as the country looks to attract investors to areas beyond, though not excluding, presalt.
Rio Oil and Gas II retained Detring Energy Advisors for the sale of a core Delaware Basin asset in Ward County, Texas, operated by Chevron in an offering closing Nov. 20.
For the week ahead, Stratas Advisors expect Brent to average $58/bbl as enthusiasm about a trade deal wanes.
The acquisition of Jagged Peak will more than double Parsley Energy’s position in the Delaware Basin, where the companies expect to generate G&A savings of about $25 million within the first year.
Energean, which is focused in the Mediterranean, will sell Edison E&P’s U.K. and Norwegian units for $250 million, with additional cash contingent consideration of up to $30 million.
The decision followed a ruling by a U.S. appeals court in September that barred PennEast from using federal law to seize properties controlled by New Jersey to build the project.
The 1,200-mile ATEX pipeline transports ethane from the Marcellus/Utica Basin of Pennsylvania, West Virginia and Ohio to Enterprise’s NGL storage complex in Mont Belvieu, Texas.