Asset/portfolio management
Phase 1 of the lease agreements calls for 2D and 3D seismic over the blocks.
The deal positions the merged company to benefit from an expected offshore drilling upcycle.
The company's CEO says Europe’s third-largest oil field is entering a natural decline phase.
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Twenty-six companies participated in what was the last GOM lease sale scheduled until 2025. -
Production from the Sparta field is expected to start in 2028.
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The deal will quadruple Tokyo Gas' natural gas production volumes from the Haynesville Shale.
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The Norwegian Sea discovery is the largest, undeveloped natural gas find on Norway’s Continental Shelf.
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The operator also has increased its stake in the Kaikias field in the Mars basin.
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This year’s Reserves Management papers are chosen to revisit some basics around both reserves delineation and asset management.
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Players are making big bets in the thriving yet fragile global LNG market with record global trade expected to grow another 25% in the next 5 years.
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The captured carbon dioxide will be permanently sequestered in the Cameron Parish CO2 Hub to be located offshore Louisiana.
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Australian explorer purchases minority stakes in Who Dat and Dome Patrol deepwater fields.
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The Biden administration postpones Sale 261 while awaiting court ruling.
