Acquisitions & Divestitures - Exploration & Production
Meet the team that is building the most comprehensive energy news and information site in the industry. And, you’re on it.
BP has agreed to disclose how its spending plans, emissions policies and broader business strategy align with the Paris climate agreement.
U.S. crude oil production rose to a new high of 11.9 million barrels per day (MMbbl/d) in November, up 345,000 bbl/d from the previous month, the U.S. Energy Information Administration said in a monthly report on Jan. 31.
Chesapeake Energy completed its acquisition of WildHorse Resource Development Corp. on Feb. 1, creating an Eagle Ford oil producing powerhouse.
Results from Chevron reflected higher oil and gas production with output for the quarter up 156,000 barrels per day from a year earlier. Prices paid for its crude also rose.
Exxon Mobil said its oil and gas production in the Permian Basin, the largest U.S. shale basin, rose 90% over a year ago.
Time is the true arbiter in many things. As is the case with fine wine, this is also true for oil and gas plays—for it is only after the passage of time that a play’s true nature is revealed.
Sustainable development of the Permian Basin’s bounty of oil will require independent producers to develop more than just their leasehold.
For the most part, 2018 was a good year for producers. Here, Oil and Gas Investor chronicles the highlights of the year in energy.
Operators add the Mississippian-age Sycamore Formation to the storied history of the eastern Anadarko Basin.
A new tax on extracting natural gas is being proposed by the governor of Pennsylvania, home to the Marcellus and Utica shale basins and the second biggest gas-producing state in the U.S.
In the Lower 48 Big 3—Eagle Ford, Bakken and Permian Basin—ConocoPhillips plans to grow production by about 19% this year.