A&D - E&P
Norwegian Energy Co. (Noreco) plans to acquire offshore assets on Britain’s continental shelf in 2019, following its purchase of Shell’s upstream oil and gas licenses in Denmark, its chairman told Reuters on Oct. 18.
North African-focused oil and gas company SDX Energy said on Oct. 18 that talks to buy some of BP’s Egyptian assets have been abandoned.
Talos Energy Inc.’s appraisal plan for the Zama discovery was approved by the Mexican oil and gas regulator, the company said on Sept. 27.
TEXEGY LLC has completed on Sept. 24 a transaction whereby it has entered into definitive agreements to lease a portion of its Austin Chalk minerals to Equinor Louisiana Properties LLC, a subsidiary of Equinor ASA.
The bucks don’t stop in the Eagle Ford, speakers say, but they certainly grow there.
As industry executives gather in Dallas this week for the A&D Strategies & Opportunities Conference we take a look at the biggest A&D trends so far this year.
Geologic variability needs to be understood to commercially unlock Alberta’s light oil Duvernay play, especially in the East Shale Basin.
Midland-based Diamondback Energy has announced more than $10 billion in acquisitions in a week. Also, Exxon Mobil leads high bidders in U.S. Gulf of Mexico lease sale.
Williams, Northern Oil & Gas, Pioneer Natural Resources also made A&D news this week. And, how much more oil is Anadarko producing in the Permian?
Current net production from properties is about 26 MMcf/d.