Chevron Pursued Deal for Noble Energy’s Mediterranean Gas Fields Last Year

Chevron Corp. last year proposed to acquire a stake of at least 50% in Noble Energy's Eastern Mediterranean natural-gas fields, talks that led to July's all-stock deal.

August 11, 2020

Antero Resources Nears 2020 Divestiture Target with $220 Million Asset Sale

Antero Resources’ latest asset sale is a volumetric production payment transaction comprised of dry gas producing properties in West Virginia and a seven-year term ending 2027.

August 11, 2020
Antero Resources Nears 2020 Divestiture Target with $220 Million Asset Sale

N.C. Regulator Denies Water Quality Certification for MVP Southgate

State rejects extension to the Mountain Valley Pipeline.

August 11, 2020
mvp

E&P Drilling: 3D Inversion of Ultradeep Electromagnetic Data

A 3D inversion of ultradeep EM data provides a useful tool for identifying a change in resistivity all around the borehole.

August 11, 2020
E&P Drilling: 3D Inversion of Ultradeep Electromagnetic Data

Occidental to Cut Debt Before Boosting Oil Production, CEO Vicki Hollub Says

Occidental is restarting some activity in the Permian Basin and Gulf of Mexico, but its focus is to "ensure that we have the liquidity to go forward so we have the ability to meet our maturities," CEO Vicki Hollub says.

August 11, 2020

Marketed: Williston Basin ORRI Assets in Montana, North Dakota

Eagle River Energy Advisors has been retained for the divestiture of overriding royalty interest (ORRI) assets in the Williston Basin in Montana and North Dakota with bids due Aug. 19.

August 11, 2020

US Oil Production Drop in 2020 to Be Steeper Than Last Forecast

The EIA said U.S. oil production curtailments were more extensive than estimated for its previous month's report, leading to the revision this month.

August 11, 2020

Azerbaijan Expects to Start Oil, Gas Production at Karabakh Field by Year-end 2022

The Azeri state energy company SOCAR has been developing the Karabakh Field in a joint venture with Norway’s Equinor since May 2018.

August 11, 2020

Turkey Plans to Issue Mediterranean Exploration Licenses

Turkey will issue gas exploration and drilling licenses in the eastern Mediterranean this month, its foreign minister said Aug. 11, further raising tensions with Greece, which said it would seek an emergency EU meeting to address the issue.

August 11, 2020

Saudi Aramco’s $75 Billion Dividend Dilemma

Months after the world’s biggest IPO, Saudi Aramco is finding it harder to pay shareholders.

August 11, 2020
Saudi Aramco’s $75 Billion Dividend Dilemma

Empire Taps Schlumberger to Help Unlock Potential Northern Territory Shale Resources

Plans are for Schlumberger Land Rig 183 to drill to a depth of about 2,900 m, allowing Empire to evaluate the targeted Velkerri Shale and Kyalla Shale, the company said in a news release.

August 11, 2020

Total Investment, Alibaba Partner to Drive Digital Transformation

Total (China) Investment has signed a memorandum of understanding (MOU) on Aug. 11 in order to pursue strategic collaboration with Alibaba Group and leverage the company’s respective resources to drive the digital transformation of Total’s operations in China.

August 11, 2020