Asset Management
Weatherford CEO Girish K. Saligram said the acquisition will bolster Weatherford’s completions offerings and unconventional reservoir capabilities.
INEOS Energy and Shell have partnered to invest in Gulf of Mexico exploration, while Eni reported strong productivity from its Geliga 1 discovery in Indonesia. Santos is advancing its Agogo project in Papua New Guinea, and ConocoPhillips received approval to redevelop several previously producing oil fields in Norway’s Greater Ekofisk Area.
This paper details a new enhanced oil recovery method piloted successfully by several operators in the Bakken and recently implemented in the Midland play of the Permian Basin.
-
The operator was the successful bidder on former shallow-water assets of Cox Oil, Energy XXI, and others. -
In its 2024 outlook, Enverus expects 3-mile-long lateral sections to become a new normal in the Permian and suggests the budding geothermal and lithium arenas may be the real deal.
-
The contractor was tapped by Offshore Frontier Solutions to provide electrical systems and associated digital solutions for ExxonMobil’s fifth FPSO in the region.
-
Bakken oil production surprised on the upside showing it can grow, but an encore is not expected this year.
-
The former company CFO has been acting as interim CEO since September 2023.
-
The contractor will be responsible for both pipeline and platform installation related to Petronas’ ambitious CCS project offshore Sarawak.
-
Solar and natural gas surged last year in the US, while wind stumbled.
-
The acquisition will expand Talos’s deepwater US Gulf of Mexico footprint and increase annual production by an estimated 30,000 BOE/D.
-
Two of the most established US independents are combining to form a natural gas powerhouse that will be given a new name later this year.
-
The 100 million BOE-plus find will be tied back to the Heidelberg spar.
