Enverus analyzed production history, pricing, velocity and rig count activity to better understand the role and influence private E&P operators are playing in the oil patch and the expected outcomes in the near future.
Here’s an in-depth look from PureWest Energy CEO Christopher Valdez at the company’s ambition of becoming the supplier of choice through the energy transition and what ESG initiatives the natural gas producer is taking to achieve that goal.
Shell CEO Ben van Beurden said the company planned to appeal the ruling but that the Anglo-Dutch company would also accelerate its energy-transition strategy and deepen emission cuts.
It has been depicted as a new David-and-Goliath tale for Wall Street: a tiny hedge fund called Engine No. 1 went up against the mightiest oil company in the U.S. and won three seats on its board, with a mandate to prepare it for a future free of fossil fuel.
TGS-NOPEC Geophysical Company ASA, a global provider of energy data and intelligence, will begin operating under the new name of TGS ASA, the company said on June 3.
Oilfield company U.S. Well Services will eliminate 171 jobs in Texas, according to a filing with the Texas Workforce Commission on June 2, as it prepares to exit the diesel hydraulic fracturing market.
Oil and gas group Total won more than 90% backing for its climate plan to gradually reduce its emissions on May 28, when shareholders also voted overwhelmingly in favor of its rebrand as TotalEnergies to mark its shift to renewable energy.
Effective immediately, UP Energy, a private gas producer focused in the Pinedale and Jonah Fields of Wyoming’s Green River Basin, will be known as PureWest Energy.
With a stronghold in the Williston Basin, Northern Oil and Gas Inc. has recently added a large swath of Marcellus acreage from Reliance Industries and made a long-calculated move into the riches of the Permian Basin.
In the latest installment of the Path Forward series, Crescent Pass Energy Senior Vice President of Business Development Jake Stroud provides Hart Energy with an exclusive look at A&D activity from the point of view of a private operator.