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Casing/cementing/zonal isolation
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Reservoir
Unconventional/complex reservoirs
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Business/economics
Chevron Buys Shale Player PDC Energy in $7.6 Billion Deal
The deal is expected to add over $1 billion in annual free cash flow to Chevron’s bottom line.
Exploration/discoveries
Trio Strikes Oil in California
New well on the South Salinas project encounters commercial quantities of oil.
Exploration/discoveries
88 Energy Awarded Project Leonis Acreage on Alaska’s North Slope
The acreage comprises 10 leases covering approximately 25,430 contiguous acres.
Decommissioning
Harbour Energy Taps Expro for P&A Campaign in UK Continental Shelf
The multiyear, $20 million-plus contract is for a well abandonment campaign in the Balmoral area in the UK central North Sea.
Exploration/discoveries
Turkey Touts Billion-Barrel Find in Cudi‑Gabar Area
New well northwest of Cizre strikes 162 m of light oil pay.
Emission management
Journey to an 'A' Grade Gas Certification
This article describes the MiQ grading framework for natural gas in detail and explains practical pathways for industry participants to achieve any desired MiQ grade.
Energy transition
Report: ExxonMobil's $100 Million Acquisition Suggests It May Drill for Electric Cars
The US supermajor is said to have struck a deal that may make it a major supplier of lithium, which is needed to expand the US electric vehicle market.
LNG
Tanzanian Government, Producing Partners Sign $30 Billion Deal for LNG Export Terminal
Equinor, Shell, ExxonMobil expect the long-delayed project to come online around 2030.
Exploration/discoveries
Sinopec Strikes Oil With Deep Well in China’s Tarim Basin
New probe extended past 5.3 miles deep in Tarim Basin.
Exploration/discoveries
Equinor’s Njord Field Back in Business
Life-extension project will double the facility’s life in hopes to double its output to date.
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