North America
Drilling
Swire Moves Into Mexico Market With Whittaker Partnership
Swire Oilfield Services, a leading global provider of offshore containers and oilfield services, announced a strategic partnership agreement on Sept. 12 with Whittaker Engineering, for the supply of offshore containers and equipment to support the growing energy market across Mexico.
Reservoir Evaluation
Talos, Partners Eye More Offshore Prospects In Mexico’s Sureste Basin
he targets include the Xlapak and Pok-A-Tok prospects, among others, with typical gross unrisked resources ranging from 75-150 million barrels of oil equivalent each, Talos said in a news release.
Investment , Exploration & Production , Shale Plays , Technology
Rice Brothers Boost Investment In Fracking Software Company
Rice Investment Group, formed by Daniel, Toby and Derek Rice, made its initial investment in the fracking software company Cold Bore in October 2018.
Infrastructure , Pipelines
Mexico Gets Deal With Final Holdout Firm In Pipeline Contract Dispute
Critics argue the renegotiation sets a worrying precedent and may discourage investment in Mexico due to uncertainty about how contracts will be treated in future.
Trends
A&D Transactions From The Week Of Sept. 11, 2019
Here’s a snapshot of energy deals from the past week including multimillion-dollar asset sales in the Permian and Uinta basins from Concho Resources and Crescent Point Energy.
Infrastructure , Pipelines
Enbridge Investors Cheer Mainline Overhaul Despite Canadian Producer Protests
Regulatory hurdles and well-organized environmental opposition are clogging up North American pipeline projects.
Business , Exploration & Production
Pemex To Open Bidding Process For Public, Private Contracts
Mexican state-oil firm Pemex is exploring 15 so-called integrated exploration and extraction contracts (CSIEE), a type of public-private partnership, Finance Minister Arturo Herrera said on Sept. 10.
People , Exploration & Production
Encana Names Michael McAllister As President; Expands Executive Leadership Team
Encana made changes to its executive leadership team on Sept. 10, including the promotion of Michael McAllister to president and Greg Givens to COO.
Rig Counts , Unconventional
Hart Energy's Unconventional Activity Tracker
Hart Energy's exclusive rig counts measure drilling intensity. They exclude units classified as rigging up or rigging down, and also exclude rigs drilling injection wells, disposal wells or geothermal wells. They are designed to offer the most accurate picture of what is actually occurring in the field.
Crude Oil , Infrastructure , Tankers , Pipelines
Oil Shippers Weigh In On Enbridge's Proposed Overhaul Of Pipeline Contracts
The company launched a two-month open season to solicit bids for space on Aug. 2. It faces stiff opposition from many Canadian producers, who say the tolls are unfair and the changes will limit their access to markets.