Two Bone Springs completions reported by EOG in the Permian Basin and Chesapeake Energy Haynesville Shale discoveries top this week’s drilling activity highlights from around the world.
Hunting Plc, the international energy services group, has completed the acquisition of Enpro Subsea Ltd. on Feb. 21 for a total consideration of $33 million payable on completion, plus a potential maximum earn out of $3 million based on EBITDA performance in 2020.
A new Marcellus field discovery by Southwestern, EOG completes high-volume Wolfcamp Shale wells plus a Niobrara producer in the Powder River Basin top this week’s drilling activity highlights from around the world.
William R. Thomas has led the growth of a number of E&P companies throughout his career, which the VAALCO Energy board believes will support the company’s inorganic growth ambitions.
Angola, Africa's second-biggest oil exporter, is working to reform its oil industry and broader economy to arrest a drop in production that has heaped pain on the economy.
Tullow Oil on Dec. 9 said its CEO Paul McDade has resigned and the oil and gas explorer also scrapped its dividends, as it continues to face issues at its fields in Ghana.
Tullow Oil's stock, which surged on the news from oil discoveries offshore Guyana, shed as much as 22% of its value on Nov. 13.
A Three Forks producer by WPX, a Woodford completion in Grady County, Okla., and an oil discovery offshore Angola top this week’s drilling activity highlights from around the world.