Exploration & Production
Christopher Abbate, Riverstone Holdings, talks private credit funds and alternative lending.
Conoco will suspend legal enforcement of the arbitration award as long as the payments continue, spokesman Daren Beaudo said. He declined to say if the payments would be made in cash or crude oil, adding details of the agreement are confidential.
Several E&P analysts recently initiated favorable coverage of a new guy in town, Magnolia Oil and Gas Corp.
Iran told OPEC on Sunday no member country should be allowed to take over another member’s share of oil exports, expressing Tehran’s concern about Saudi Arabia’s offer to pump more oil in the face of U.S. sanctions on Iranian oil sales.
Both wells are 4,600 foot laterals in the Bethany-Longstreet field in DeSoto Parish, Louisiana.
There are 2,000 groups spending $600 million on anti-energy and related campaigns in 2018, according to HBW Resources.
The company discovered two new oil fields, Sakab and Zumul, and a gas reservoir in the Sahba Field, Aramco said in the report.
Acreage in the Louisiana Austin Chalk and Anadarko Basin’s Oswego Formation were among the prospects presented during Summer NAPE.
Onshore push signals renewed confidence eight years after Macondo.
Oil prices rose on Friday but were heading for yet another weekly decline as concerns intensified that trade disputes and slowing global economic growth could hit demand for petroleum products.