Business/economics
EY reports an 11% decline in reserve additions and the first sub-100% reserve replacement ratio since 2021, even as crude output climbed.
Superior seeks to expand its international footprint through the acquisition, which is reportedly valued at $1.2 billion.
By acquiring 100% of Ventura’s outstanding shares, SED Energy Holdings would scale its business into a combined $1 billion company backed by a $1.3 billion contract backlog focused on deepwater drilling, shallow-water tender rigs, and seismic acquisition.
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Companies that can adapt, innovate, and stay ahead of the curve not only survive, but thrive. To achieve this, a fresh approach to innovation is required: one that harnesses the collective wisdom of customer advisory boards and prioritizes a strategy based on customer value. -
A recent wave of megadeals is weighing on the mind of many oil and gas executives in Texas, New Mexico, and Louisiana.
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The global oil and gas industry’s merger and acquisition arena is ending 2023 with a bang.
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Twenty-six companies participated in what was the last GOM lease sale scheduled until 2025.
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The deal will quadruple Tokyo Gas' natural gas production volumes from the Haynesville Shale.
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Houston-based Occidental said that one reason it is buying private producer CrownRock is to gain more access to the deep, relatively untapped Barnett formation.
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The deal is subject to Mexico Pacific taking a final investment decision on the proposed third train at the Saguaro Energia LNG Project on Mexico’s Pacific Coast.
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The combined firm aims to create a stronger and more diversified geophysical company and energy data provider.
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SponsoredMOSAIC's advanced Automated Reconciliation to Reserves Workflows enhances accuracy, speeds up processes, and meets the need for precise asset valuation. Equip your reserves teams with reliable information and insights to reduce uncertainty, boost efficiency, and make smarter business decisions.
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This paper discusses how a traditional stochastic approach in project economics used for screening and ranking can sometimes limit management visibility of all possible outcomes in a project.
