South America

Business , Exploration & Production , Acquisitions & Divestitures

Equinor, Total Exit Venezuela Onshore Oil Project

Prior to the sale, TotalEnergies held a 30.33% stake in Venezuela’s onshore Petrocedeno project while Equinor owned 9.67%. A unit of state oil firm PDVSA held the remaining 60%.

July 29, 2021

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of July 28, 2021

Here’s a snapshot of recent energy deals including the acquisition of a “unique opportunity” in the Permian Basin by Lime Rock Resources in a $508.3 million deal plus Whiting Petroleum’s exit from the D-J Basin.

July 28, 2021

Discoveries

Exxon Mobil-led Group Logs New Oil Discovery Offshore Guyana

The discovery adds to the previous recoverable resource estimate of approximately 9 billion oil equivalent barrels.

July 28, 2021

Public Capital , Emissions , Energy Transition , Shale Plays

Hess Sets ‘Aggressive’ Emission Reduction Targets as ESG Performance Soars

Hess was recognized as the No. 1 energy company on the 100 Best Corporate Citizens list for its outstanding ESG transparency and performance this past year, the global independent oil and gas company said.

July 21, 2021

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of July 21, 2021

Here’s a snapshot of recent energy deals including Kinder Morgan’s entry into the energy transition space through a $310 million acquisition. 

July 21, 2021

Highlights , Shale Plays

Best of This Week’s Drilling Activity Highlights (July 16, 2021)

Eagle Ford Shale and Austin Chalk wells completed by EOG Resources at a single wellpad in Webb County, Texas, plus a Niobrara venture in the Powder River Basin announced by Devon Energy top this week’s oil and gas drilling activity highlights from around the world.

July 16, 2021

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of July 14, 2021

Here’s a snapshot of recent energy deals including the combination of Eagle Ford producers Penn Virginia and Lonestar, the sale of Hawkwood Energy plus the merger of Plains’ Permian Basin assets with Oryx Midstream.

July 14, 2021

Field Development

Guyana Relaunches Search to Market Crude from Exxon’s Liza Project

An Exxon Mobil-led consortium has discovered more than 8 billion barrels of oil and gas off Guyana’s coast, transforming the poor country into the world’s newest energy hotspot.

July 13, 2021

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of July 7, 2021

Here’s a snapshot of recent energy deals including a JV by Williams that consolidates three legacy upstream assets into one contiguous footprint in Wyoming’s Wamsutter Field.

July 7, 2021

Exploration & Production , International

Argentina Seeks Sanctions Against Oil Firms Drilling Near Disputed Falklands

The country’s energy secretary said it would seek sanctions against U.K.-based Chrysaor Holdings, Harbour Energy and Israeli firm Navitas Petroleum.

July 7, 2021