Management
The Denver-headquartered shale producer will become a pure-play operator of the Marcellus Shale in West Virginia.
The $100-billion project is widely considered the largest unconventional development outside of the US and is noted by Aramco as the largest nonassociated gas development in the Kingdom.
Preliminary estimates indicated recoverables of between 30 million and 110 million BOE at the discoveries, which Equinor called its largest of the year.
-
Project consists of two production wells and a subsea tieback to ETAP. -
The Biden Administration plans for a maximum of three lease sales in the Gulf of Mexico from 2024 to 2029.
-
The company is set to supply offshore well services and subsea systems for Vår Energi-operated fields on the Norwegian Continental Shelf.
-
The 187-MW Peacock Solar project, expected to come online in the second half of 2024, is designed to help power a Gulf Coast Growth Ventures petrochemical complex.
-
Operator pays $400 million for a 40% stake in tract that contains the $6-billion Cameia/Golfinho project.
-
The heated global jackup rig market has day rates for premium units climbing higher.
-
Production from the field northwest of the Shetland Islands is expected to start in 2026 or 2027.
-
The oil and gas industry-backed geothermal firm plans to drill up to 29 wells in southwestern Utah that will deliver electricity to the state's grid by 2026.
-
The development scheme for BM-C-33 includes an FPSO capable of processing gas and condensate without further onshore processing.
-
The contractor will transport and install pipeline related to the Wahoo development in the Campos Basin.
