Business/economics
The purchase includes approximately 260 producing wells and expands Caturus’ footprint in the Eagle Ford and Austin Chalk.
The asset sale to an undisclosed buyer includes 360,000 net acres in Oklahoma.
Phase 1 of the lease agreements calls for 2D and 3D seismic over the blocks.
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The deal targets increased investment and production from one of the country’s largest onshore developments.
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A series of major advances will move Phase One of the Alaska LNG Project from the development phase into execution.
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The NLR has released its 2025 US Geothermal Market Report, documenting 4 years of industry growth and providing policymakers and stakeholders with an updated overview of the US geothermal market.
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The acquisition adds 2.1 Bcf/D of production and pipeline infrastructure in Texas and Louisiana.
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Equinor, Aker BP, DNO Norge, and Vår Energi received the most licensing offers in APA 2025.
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SPE President Jennifer Miskimins lent her expertise to Science Friday’s conversation about Venezuelan oil, explaining the reality of what it would take to extract and refine it.
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US oil executives say large-scale investment in Venezuela will depend on governance reforms and sustainable legal protections.
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The agreement requires the partners to conduct their own proprietary 3D survey of Block 8 in hope of zeroing in on the sweet spot that eluded the TotalEnergies-led consortium when it drilled a dry hole in an adjacent block in 2023.
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The London-headquartered independent acquires position in the US Gulf while preparing Zama for final investment decision.
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Following a US military operation to arrest Venezuela’s president, analysts say there is no easy fix for the country’s beleaguered upstream sector.