Canada

People , Exploration & Production

Murphy Oil CEO Takes Medical Leave over Coronavirus Concerns

In the interim, David Looney, Murphy Oil’s executive vice president and CFO, will temporarily assume  RogerJenkin’s responsibilities as president and CEO.

March 26, 2020

Acquisitions & Divestitures , Trends

Energy A&D Transactions from the Week of March 25, 2020

Editor’s note: there were no updates from the previous week’s A&D transactions chart that ran March 18.

March 25, 2020

Field Development

Equinor Delays Bay du Nord Project Offshore Canada After Oil Price Crash

The company had previously expected the project with estimated reserves of 300 million barrels to start production in 2025.

March 19, 2020

Acquisitions & Divestitures , Trends

Energy A&D Transactions From The Week Of March 18, 2020

Here’s a snapshot of energy deals from the past week including the $94 million acquisition of NexTier’s well services business by Basic Energy.

March 18, 2020

Public Capital , Exploration & Production , Shale Plays

Exxon Mobil, Hess, Concho, Callon, Kosmos Join US Producers Tightening Capex

On average, Reuters estimates North America oil and gas producers have cut their 2020 budgets by about 30% since the fall in oil prices.

March 17, 2020

Unconventional , Shale Plays

North American Unconventional Well Completions Chart (Fourth-quarter 2019)

Hart Energy’s Completions Chart looks at well completions in major North American unconventional plays by operator. The number of wells reported is sorted by play and by operator, and there is a tab that summarizes all plays by operators.

March 13, 2020

Business

Husky Energy Slashes Capex Plans By C$900 Million

Canadian producer follows rivals, citing global market conditions.

March 13, 2020

Public Capital , Exploration & Production , Shale Plays

Devon, Apache, Murphy Oil Join Growing Number Of Producers Slashing Budgets

North American oil and gas producers have slashed their capital spending by about 30% on average after crude prices crashed earlier this week, according to data compiled by Reuters.

March 12, 2020

Acquisitions & Divestitures , Pipelines

TC Energy Proposes To Buy Pioneer Pipeline In Multimillion-dollar Deal

NOVA Gas Transmission Ltd. (NGTL), a subsidiary of TC Energy, entered the proposed purchase agreement through an exclusive letter of intent with Tidewater Midstream and TransAlta.

March 12, 2020

Lease Sales

Marketed: EnergyNet To Hold Canadian Sale In June

EnergyNet is currently in the process of inviting sellers to list oil and gas properties located in Canada for the June sale at no cost. Fees will only apply to sold assets, the firm noted.

March 4, 2020