Business/economics
The supermajor said the fields are not expected to contribute meaningfully to its production profile by 2030.
Output is rising fast in the South American shale play and putting Argentina on a course to soon reach 1 million B/D.
Ultradeepwater prospects along the northern coast of Brazil could help offset decline in legacy basins, though permitting hurdles remain a wild card.
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The acquisition marks a significant step forward in H&P’s international expansion strategy.
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The Louisiana-based private producer is taking on more assets previously owned by Shell as it looks to secure its deepwater future.
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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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As Azerbaijan prepares to host COP29, JPT looks back at how the country prospered for millennia on its largess of oil and gas and its unique geography along the ancient Silk Road that today is traversed by pipelines delivering gas and oil to Europe from the depths of the Caspian Sea.
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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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The acquisition underscores the rapid rise of the unconventional oil play in northeastern Utah that producers claim offers better margins than the Permian Basin.
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The project's floating LNG facility will be installed in the traditional territory of the Haisla Nation on Canada’s West Coast.
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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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Supermajor expands its global LNG footprint in a deal that will grow its presence in Asia and Europe.
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The Dallas-based tight oil producer will gain 33,500 acres and approximately 25,500 BOE/D from the latest deal to reshape the US shale sector.