Asset/portfolio management
The environmental impact statement is a required step before another lease sale can be held in the Gulf of Mexico, a move welcomed by the oil and gas industry.
This article examines how decommissioning costs impact project viability, showing that operational profitability can mask uneconomic end-of-life obligations, and advocates for ethical diligence in assessing these costs.
Operators shared behind-the-scenes details on innovations like drilling horseshoe wells and trimulfrac completions along with in-basin challenges like handling produced water during SPE’s Permian Basin Energy Conference.
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This year’s selection clearly shows where the interest lies in the economics, the Petroleum Resources Management System, and management decision-making.
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The new partnership assets include pipelines in Pennsylvania, Ohio, and West Virginia serving the Marcellus and Utica shales.
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The deal expands ONEOK’s gas transmission and processing footprint in the Permian, Louisiana, and Oklahoma.
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The deal follows an asset swap on the same acreage earlier in the year and increases Equinor’s natural gas holdings in the region.
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Following 2 years of setbacks, the deal to shift the US supermajor’s assets to a local operator has finally closed.
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The third quarter marked the first reporting period that two publicly traded US oil and gas companies did not combine since 2022.
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Awards related to the 2024 APA round are expected to be announced in early 2025.
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India’s state oil company is accepting proposals from potential technical service partners until 15 September for EOR projects in the Arabian Sea.
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The acquisition marks a significant step forward in H&P’s international expansion strategy.
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The Louisiana-based private producer is taking on more assets previously owned by Shell as it looks to secure its deepwater future.
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