Asset/portfolio management
The deal adds 40,000 B/D of production and expands Cenovus’ SAGD footprint with three Alberta assets.
The Federal Reserve Bank of Dallas’ third-quarter energy survey reflects industry views on the drawdown of the US Strategic Petroleum Reserve, the outlook for Persian Gulf crude exports, and expectations for oil prices.
As the pace of new discoveries slows and high-quality prospects become harder to find, oil companies may need to rely more heavily on mature fields to maintain production and support future supply.
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The Kremlin’s agreement to settle payment enables the equity transfer to be finalized. -
After successfully identifying prospects offshore Namibia with Shell and TotalEnergies, QatarEnergy is now expanding its African footprint into Mauritania.
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The Denver-based company bulks up its Permian position with the purchase of three EnCap Investment portfolio companies.
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Controversial Sale 259 was conducted as mandated by the Inflation Reduction Act of 2022.
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Chad’s dispute with ExxonMobil and Savannah Energy may be headed for a second round of arbitration before the International Chamber of Commerce in Paris.
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The proposed transaction also would be the first step in establishing a joint venture between BP and ADNOC.
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The massive offshore field inches closer to first production with the filing of the unit development plan with Mexican regulators.
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The approval adds momentum to the Alaska North Slope’s production revival.
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The acquisition deepens Equinor’s holdings in one of is core regions and will add 15,000 BOE/D of new production.
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The Eagle Ford shale currently represents about 30% of Baytex’s total production.
