GOM

Health, Safety & Environment

9% of Oil, 6% of Gas Production Shut in as Hurricane Ian Slams Florida

Offshore Gulf of Mexico operators evacuate facilities as Category 4 Hurricane Ian makes landfall.

September 28, 2022

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Sept. 28, 2022

Here’s a snapshot of recent energy deals including Talos Energy’s $1.1 billion acquisition of private Gulf of Mexico operator, EnVen Energy, plus the $565 million sale of half of Kinder Morgan’s stake in a Georgia LNG facility.

September 28, 2022

Lease Sales

On the Market Oil and Gas Quicklist (Week of Sept. 28, 2022)

Here’s a quicklist of oil and gas assets on the market including a Continental Resources North STACK 200-well package in Oklahoma plus Texegy Royalty Austin Chalk minerals for lease in Louisiana.

September 28, 2022

Crude Oil , Health, Safety & Environment

Oil Prices Stable as Soaring Dollar Offset by US Output Outages

Approximately 11% of U.S. Gulf of Mexico production has been shut-in due to Hurricane Ian.

September 28, 2022

Exploration & Production , Markets

US Offshore Oil Output Drops as Hurricane Ian Takes Aim

Offshore oil and gas producers Chevron, BP, Occidental Petroleum and Hess on Sept. 26 said they had taken precautions ahead of Hurricane Ian’s arrival in the Gulf of Mexico.

September 27, 2022

Exploration & Production

BP, Chevron Cut Offshore Oil Production Ahead of Hurricane Ian

Occidental Petroleum and Hess said they were implementing measures for facilities in the Gulf of Mexico. Murphy Oil and Equinor said they did not anticipate any impact to their operations, while Shell said it was closely monitoring the storm’s track.

September 26, 2022

Deepwater , Acquisitions & Divestitures , Mergers

Talos Energy Snags EnVen for $1.1 Billion

Talos Energy’s acquisition of private operator EnVen Energy grows Talos’ deepwater Gulf of Mexico footprint with the company anticipating subsea tieback opportunities.

September 22, 2022

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Sept. 21, 2022

Here’s a snapshot of recent energy deals including SilverBow Resources adding a new Webb County position in South Texas plus the acquisition of core Permian Basin acreage by U.S. Energy Development Corp. for more than $60 million.

September 21, 2022

Lease Sales

On the Market Oil and Gas Quicklist (Week of Sept. 21, 2022)

Here’s a quicklist of oil and gas assets on the market including EOG Resources Texas Panhandle properties plus an Apache Corp. Gulf of Mexico Shelf nonop opportunity.

September 21, 2022

Exploration & Production , Natural Gas

The Rise of Associated Gas in the Permian Basin vs. Elsewhere

Associated gas is a crucial part of meeting the growing energy demand as the U.S. amps up its exports.

September 19, 2022