Here’s a snapshot of recent energy deals including Oasis Petroleum’s Permian Basin exit and the all-equity consolidation of three Kayne Anderson portfolio teams in the Anadarko Basin.
PGS and Joseph Exploration (JEX) have formed a technical collaboration in the West Cameron protraction area, Gulf of Mexico, the companies said on May 21.
The transaction with private Houston-based operator EnVen Energy marks BHP’s exit from the Neptune Field in the deepwater Gulf of Mexico.
Offshore drilling firm Valaris has secured a contract with W&T Offshore for its jackup rig VALARIS JU-117 in the U.S. Gulf of Mexico, the company said on May 19.
The agreement will address initial tract participating interest splits, the mechanism to re-determine those splits in the future and operatorship and other key topics, Talos said in a news release.
A Mississippi Canyon-Pliocene discovery by LLOG Exploration in the U.S. Gulf of Mexico plus Chesapeake and Southwestern Marcellus Shale wells and an EOG Powder River completion top this week’s oil and gas drilling activity highlights from around the world.
The Leopard well hit more than 600 ft of net oil pay at multiple levels, Shell said.
Marcellus and Utica shale discoveries, Diamondback completes a Wolfcamp producer in the Permian Basin plus an offshore prospect in the Gulf of Mexico’s Green Canyon Block top this week’s oil and gas drilling activity highlights from around the world.