Velda
Addison
Hart Energy
CNOOC Makes Ultra-deepwater Discovery in the Pearl River Mouth Basin
CNOOC drilled a natural gas well in the ultra-deepwater area of the Liwan 4-1 structure in the Pearl River Mouth Basin. The well marks the first major breakthrough in China’s ultra-deepwater carbonate exploration.
Trillion Energy’s Offshore Turkey Well Begins Gas Production
Trillion Energy’s Akcakoca-3’s wellhead pressure increased to 616 psi, allowing the well to be put into production.
Hurricane Francine Shuts in Quarter of GoM Oil, Gas Production
The Bureau of Safety and Environmental Enforcement reported that 130 platforms and several rigs were affected as the storm approached the Louisiana coast.
Methanex to Buy OCI Global’s Methanol Business in $2.05B Deal
The agreement includes OCI Global’s stake in two methanol production facilities in Beaumont, Texas.
Hurricane Threatens LNG and Power Demand as Francine Forms in GoM
LNG export plants and offshore oil platforms in the Gulf of Mexico are already taking a hit as as Francine strengthens.
US Drillers Cut Oil, Gas Rigs for Fourth Week in a Row
The oil and gas rig count fell by one to 582 in the week to Sept. 6, the lowest since June.
Could Nuclear Rival NatGas, Renewables in Race to Meet Power Demand?
Energy providers are positioning themselves to meet growing power needs, including for large-scale data centers known as hyperscalers.
NextEra Advanced in Texas Loan Program—Without Ever Applying
The Texas Public Utility Commission threw out a loan application after learning—from NextEra—that it wasn’t part of an electricity generation project submitted by Aegle Power.
Non-op Rising: NOG’s O’Grady, Dirlam See Momentum in Co-purchase M&A
Non-operated specialist Northern Oil & Gas is going after larger acquisitions by teaming up with adept operating partners like SM Energy and Vital Energy. It’s helping bridge a capital gap in the upstream sector, say NOG executives Nick O’Grady and Adam Dirlam.
ARC Resources Divests Non-core, Non-Montney Assets
ARC Resources did not provide additional information on the divested assets, which the company said had results in proceeds of $59.2 million.