Securities analysts expect some M&A may be coming from the growing oil and wet-gas results in eastern Ohio, they report, including by newly public Infinity Natural Resources.
Abu Dhabi National Oil Co. (ADNOC) is evaluating an acquisition of natural gas assets from Aethon Energy Management valued at around $9 billion, Bloomberg reported April 11.
Diamondback Energy, SM Energy and Occidental Petroleum are adding Dean laterals to multi-well developments south of the Dean play’s hotspot in southern Dawson County, according to Texas Railroad Commission data.
The share of 1,000 boe/d producers in the overall population of wells drilled in 2024 rose to 46% year-over-year; 2025 could be the year a majority of wells hit the “thousand club” threshold, Bernstein reports.
Saudi Aramco’s discoveries in the eastern region and Empty Quarter totaled about 8,200 bbl/d.
Barrell Energy said it plans to increase its portfolio company Barrell Lithium’s leasehold to approximately 40,000 acres within the Smackover play.
Securities analysts expect some M&A may be coming from the growing oil and wet-gas results in eastern Ohio, they report, including by newly public Infinity Natural Resources.
Here’s a roundup of the latest E&P headlines, from BP’s startup of gas production in Trinidad and Tobago to a report on methane intensity in the Permian Basin.
TGS has awarded a client a shallow water ocean bottom node contract offshore Trinidad.
Black Gold Exploration Corp. and LGX Energy Corp. are working to start production at the Fritz 2-30 oil and gas well in Indiana within 60 days.
RPC Inc. paid $245 million in cash and other considerations for the wireline service provider.
Prairie Operating Co. has begun an 11-well development program in Weld County, Colorado, following the closing of its $603 million deal for Bayswater Exploration and Production assets.
Here’s a roundup of the latest E&P headlines, from a big CNOOC discovery in the South China Sea to Shell’s development offshore Brazil.
SLB will deliver 18 ultra-deepwater wells for Woodside Energy’s Trion ultra-deepwater project starting in early 2026.
The agreement with Iraq’s government is for an initial phase that includes oil and gas production of more than 3 Bboe, BP stated.
Japanese firm Mitsui has plans to drill a horizontal well in the emerging western Haynesville play as renewed foreign investment in U.S. shale continues to pick up steam.
Here’s a roundup of the latest E&P headlines, from Shell’s divestment to refocus its Nigeria strategy to a new sustainability designation for Exxon Mobil’s first FPSO off Guyana.
The Caofeidian 6-4 Oilfield and Wenchang 19-1 Oilfield Phase II projects by CNOOC Ltd. are expected to produce more than 20,000 bbl/d of crude combined.
Expand Energy reported its Shannon Fields OHI #3H in northern West Virginia was drilled with just one bit run in some 30,000 ft.
Ring Energy could look to drill—or sell—Barnett and Devonian horizontal locations on the eastern side of the Permian’s Central Basin Platform. Major E&Ps are testing and tinkering on Barnett well designs nearby.
Initial data from BW Energy’s find offshore Gabon shows potential for a new development cluster, according to BW’s CEO.