Business/economics
Analysts at Enverus Intelligence Research and Rystad Energy report that US shale consolidation has largely run its course.
Global offshore decommissioning projects hear the starting gun in Australia and the North Sea, but will the race be a marathon or a sprint?
Diversified Energy announces its largest deal yet to buy private equity-owned Maverick Natural Resources.
-
Oil price visibility, projects competing for funds, and regional market softness are all factors resulting in muted demand for deepwater rigs this year.
-
The world’s reliable engine of crude demand growth is stalling out, and its impact on the upstream market is already being felt.
-
Australia’s Ichthys LNG facility will provide feedstock, along with production from legacy Japanese gas fields that will also serve as repositories for CO2 storage.
-
Canadian operator expands its Deep Basin gas footprint in Alberta, adding 700 new drilling locations.
-
Arcius’ remit covers the Shorouk concession, home to the Zohr gas field whose production decline has been fueled by a lack of investment.
-
Deepwater subsea tieback expected online by the end of the decade, targeting more than 300 million BOE.
-
The acquisition will add water infrastructure in both the Midland Basin of west Texas and the Williston in North Dakota.
-
A dozen new platform supply vessels will be supplied by Bram Offshore and Starnav Serviços Marítimos.
-
A new UK-based operating company is set to launch next year with a production profile of nearly 140,000 BOE/D.
-
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.