Asset Management
The deal includes Waygate’s inspection portfolios and is expected to close later this year.
An asset swap with PDVSA helps consolidate the supermajor’s heavy-oil operations in the country.
Co-owner Chevron confirmed the find at the Bandit prospect offshore Louisiana and suggested it may become a subsea tieback to existing faciltiies operated by Occidental Petroleum.
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The deal is expected to bolster Southwestern's annual production to more than 4 Bcf/D.
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Brent crude ended the trading session at a 2-year high, while WTI contracts bounced to prices not seen since late 2018.
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Pembina and Kinder Morgan both add substantial infrastructure in separate deals valued at a combined $8 billion.
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New round part of the nation’s multi-year oil and gas licensing strategy.
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President Tom Blasingame discusses the pros and cons of working from home, being mindful of people’s time in meetings, and recent studies that highlight the effect of excessive email, meetings, and presentations on productivity.
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Oil isn’t going away, but that misses the fact that a demand plateau will structurally change the industry for people and companies in the most geologically mature areas, especially the United States.
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Discovery is located west of bp’s large Mad Dog complex in the Green Canyon area.
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New well on the field is slated to begin drilling in late 2021.
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Venture targeting analogous sands to adjacent Suriname discoveries.
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Drillship will be used on the third phase of BC-10 activity.