Arctic
Public Capital , Exploration & Production , Acquisitions & Divestitures
Pantheon Resources Falls on Reports of Muddy Waters Bet
Shares drop following reports that U.S. hedge fund Muddy Waters had taken a short position on the Alaska-focused E&P company.
Exploration & Production , International
Plans for World’s Northernmost Oil Field in Doubt as Costs Soar
Environmental campaigners celebrated on Nov. 10 as state-controlled Equinor pushed back an investment decision on the Wisting offshore oil field to the end of 2026 from December this year, with one analyst saying it could be shelved indefinitely.
Lease Sales
On the Market Oil and Gas Quicklist (Week of Nov. 2, 2022)
Here’s a quicklist of oil and gas assets on the market including a Tap Rock Resources operated Permian Basin package in Reeves County in West Texas.
Lease Sales
On the Market Oil and Gas Quicklist (Week of Oct. 26, 2022)
Here’s a quicklist of oil and gas assets on the market including Arkoma Drilling’s portfolio of Haynesville assets in North Louisiana plus the Gungnir Resources prospect in the northern D-J Basin in Wyoming.
Highlights
E&P Highlights: Oct. 10, 2022
Here’s a roundup of the latest E&P headlines including a new Algerian project going onstream, a commercial gas find offshore Israel and regulatory updates from Australia, the U.S. and Norway from the past week in the upstream oil and gas industry.
Energy Transition
Japan Companies, Hilcorp to Study Making Ammonia in Alaska for Greener Energy
Four companies agreed to “evaluate the commercial feasibility of utilizing North Slope natural gas delivered to Southcentral Alaska via the Alaska LNG Project to produce carbon-free ammonia,” Alaska Gasline Development Corp. said.
Exploration & Production , Legislation , Lease Sales
US Plans to Hold Cook Inlet Drilling Auction in Alaska
The sale is among the concessions to the oil and gas sector included in U.S. President Joe Biden's new climate change law, the Inflation Reduction Act (IRA).
Exploration & Production , Acquisitions & Divestitures
Chevron Offering Minority Stakes in Three Alaskan Oil Fields
A sale of Chevron’s Alaska oil and gas assets could fetch between $450 million and $550 million, according to a Rystad Energy analyst using comparable transactions.
Exploration & Production , Health, Safety & Environment
Fire Breaks Out Abroad Equinor's Castberg FPSO at Norway Yard
Equinor's Castberg FPSO, located in the Arctic Johan Castberg oilfield, is expected to onstream in fourth-quarter 2024.
Exploration & Production , Legislation , Lease Sales
Biden Administration Releases Proposed Offshore Leasing Plan
The release of the proposal by the Biden administration is only the second part of a three-step process to finalize “whether or how many” lease sales will be held in the five-year plan.