Repsol will buy 6.75% of the gas field and Wintershall Dea will get 4.50%.
To reflect the change, Equinor and Shell have agreed to rename the North Platte development, located in the Garden Banks area of the U.S. Gulf of Mexico, to Sparta.
The lawsuit, filed in federal court in Washington D.C., alleges that the Interior’s Bureau of Land Management violated the law by failing to adequately analyze the oil and gas lease sales’ impact on climate change.
Here’s a snapshot of recent energy deals including another acquisition by Earthstone Energy for the Permian Basin New Mexico assets of Titus Oil & Gas for $627 million.
Here’s a quicklist of oil and gas assets on the market including a Mammoth Exploration Strawn Sand well package plus Salt Creek Oil and Gas nonop Williston Basin assets.
Despite the Hunt family’s famous patriarch—legendary oil tycoon H.L. Hunt—Petro-Hunt LLC’s dealings, including a recent Permian Basin acquisition, remain a family affair.
SJ Resource Partners vice president of business development Sasha Gumprecht’s strategy for dealmaking is simple: build relationships.
Stephens Natural Resources LLC and Stephens Energy Group LLC retained Detring Energy Advisors for the sale of operated STACK assets located in Blaine, Kingfisher, Garfield, Payne and Logan counties, Oklahoma.
Sabine Oil & Gas retained RedOaks Energy Advisors for the sale of certain operated and nonoperated properties located in East Texas that includes Haynesville refrac opportunities.
Imperial and Exxon Mobil agreed to sell XTO Energy Canada, a jointly owned shale producer in Western Canada, in an all-cash transaction to Whitecap Resources.