Management
Ranger acquires American Well Services for $90.5 million, adding 39 workover rigs and boosting its fleet by 25%.
The Texas-based geothermal company said it set a new temperature record and achieved strong drilling performance in its first enhanced geothermal pilot.
Plans call for license partner Aker BP to serve as operator during the development phase, with operatorship reverting to DNO after first oil in 2028.
-
Norway appears to be taking a dual approach to energy transition. In its just-released energy white paper, the Norwegian government says it is committed to producing renewable energy and bolstering its power grid but isn’t willing to halt development of its oil and gas resources. -
India is on a global hunt to tap all colors of fossil fuel and renewables as the country prepares to overtake China as the world’s most populous nation.
-
Bill Gates’ TerraPower teams with Warren Buffett’s PacifiCorp to demonstrate the viability of carbon-free SMRs in Wyoming.
-
As electric vehicles make their move into the fast lane, the two high-profile companies are partnering to keep them on track.
-
The Houston-based oil and gas producer says the latest transaction moves its divestment sum past $9 billion.
-
Tourmaline Oil Corp. said it has agreed to buy smaller Canadian producer Black Swan Energy.
-
IGU report highlighted pandemic-related delays that kept many international projects from coming on line in 2020.
-
The latest success for the ExxonMobil-led consortium is also adding drillships to support a 15-well campaign in the Stabroek Block.
-
The producers operate conventional and unconventional assets across the US Lower 48 and produced a combined 111,000 BOE/D in the first quarter of 2021.
-
The all-stock transaction is expected to bolster the newly created operator's production profile to around 160,000 BOE/D.
