Asset/portfolio management
The supermajor said the fields are not expected to contribute meaningfully to its production profile by 2030.
The next wave of unconventional growth will likely come from basins in Argentina, the Middle East, Australia, and elsewhere, fueled by expertise gained from shale plays in North America.
The $5.1 billion ultradeepwater project is Angola’s first integrated cross-block development and sits at the top of Azule’s Southern African portfolio.
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At SPE’s Permian Basin Energy Conference, operators shared behind-the-scenes details on innovations such as drilling horseshoe wells and trimulfrac completions along with in-basin challenges such as handling produced water. -
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.
