Asset/portfolio management
The transaction is expected to strengthen the company's position in Alberta’s oil sands and unlock annual synergies of $54 million.
US buyers are looking for extra shale inventory and added another $18 billion in purchases in October alone.
The UAE project is expected to produce up to 345 MMscf/D by 2029, with expansion potential to 1 Bcf/D.
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The deal significantly expands the company’s position in the Bakken Shale play of North Dakota.
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Automated workflow unifies geological, completion, and production data to inform speedier, better investment decisions for nonoperated assets.
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By acquiring Eni’s two producing shallow-water assets, Hilcorp will become the largest offshore oil producer on Alaska’s North Slope.
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After another year of significant consolidation in the US shale sector, Enverus has released its annual list of the nation's largest private exploration companies.
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The Houston-based independent will become the top producer in the Eagle Ford Shale with an output of 400,000 BOE/D and is eyeing 1,000 wells to refracture.
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The contractor sells rigs and Qatar JV stake to Gulf Drilling International in $338 million deal.
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SponsoredWhich criterion do you rely on to make mutually exclusive decisions: Net Present Value or Rate of Return? When NPV and ROR are not in agreement, you must develop a proper incremental analysis to make the best economic choice.
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Losing drill-hungry independent and private companies in the region to robust M&A will mean an activity slowdown that is expected to impact volumes coming from the nation’s largest oil field.
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The asset combination is structured under Eni’s “satellite model,” which Eni has deployed successfully with similar upstream joint-venture deals in Norway and Angola.
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Independent producer divests interest in Buckskin field along with stakes in a pair of LLOG-led discoveries.