
(Source: LLOG Exploration)
Privately owned LLOG Exploration Co. acquired 41 blocks of acreage encompassing in the East Breaks and Alaminos Canyon areas of the deepwater Gulf of Mexico, the company said on July 17. Financial details of the deal weren't disclosed.
The blocks, which span approximately 236,000 acres, sits north of LLOG’s Blacktip and Blacktip North deepwater discoveries in Alaminos Canyon blocks 335, 336, 337, 380, 381 and 424. With the acquisition, LLOG owns a 100% working interest in and is the operator of all 41 blocks.
In third-quarter 2023, LLOG drilled a successful sidetrack on the Blacktip discovery and is planning an appraisal well at Blacktip North in the third quarter of this year.
Recommended Reading
Sabine Oil & Gas to Add 4th Haynesville Rig as Gas Prices Rise
2025-03-19 - Sabine, owned by Japanese firm Osaka Oil & Gas, will add a fourth rig on its East Texas leasehold next month, President and CEO Carl Isaac said.
Analysts’ Oilfield Services Forecast: Muddling Through 2025
2025-01-21 - Industry analysts see flat spending and production affecting key OFS players in the year ahead.
Huddleston: Haynesville E&P Aethon Ready for LNG, AI and Even an IPO
2025-01-22 - Gordon Huddleston, president and partner of Aethon Energy, talks about well costs in the western Haynesville, prepping for LNG and AI power demand and the company’s readiness for an IPO— if the conditions are right.
E&P Highlights: March 17, 2025
2025-03-17 - 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.
Blackstone Buys NatGas Plant in ‘Data Center Valley’ for $1B
2025-01-24 - Ares Management’s Potomac Energy Center, sited in Virginia near more than 130 data centers, is expected to see “significant further growth,” Blackstone Energy Transition Partners said.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.