The Latest

Coterra Takes Harkey Sand ‘Row’ Show on the Road

With success to date in Harkey sandstone overlying the Wolfcamp, the company aims to make mega-DSUs in New Mexico with the 49,000-net-acre bolt-on of adjacent sections.

Expand Foresees Drilling U-Turns in Appalachia

As Expand Energy leans into its newly combined Chesapeake-Southwestern acreage, Tim Beard, the company’s vice president of drilling, would be “surprised” if Expand did not drill U-turn wells in the Appalachian Basin.

Suriname's Staatsolie Says Exxon has Withdrawn from Offshore Block

Suriname's state-run oil company Staatsolie said on Nov. 20 that U.S. oil giant Exxon Mobil has withdrawn from its offshore block 52, and block operator Petronas Suriname E&P will take over its 50% stake.

NW Natural Holdings to Acquire Gas Utility SiEnergy for $425MM

Northwest Natural Holdings said the transaction should further support its long-term earnings growth outlook of 4% to 6%.

Fugro’s Remote Capabilities Usher In New Age of Efficiency, Safety

Fugro’s remote operations center allows operators to accomplish the same tasks they’ve done on vessels while being on land.

Exclusive: Surge Energy Seeks Midland M&A with $1.3B in Dry Powder

Surge Energy is one of the largest private oil producers in the Permian Basin. With $1.3 billion in dry powder to put to work, Surge is scouring the northern Midland Basin for M&A, executive Travis Guidry told Hart Energy.

E&P Highlights: Nov. 18, 2024

Here’s a roundup of the latest E&P headlines, including new discoveries in the North Sea and governmental appointments.

Hollub: Oxy Low Carbon Ventures Bolsters US Energy Independence

Occidental Petroleum is making a number of low-carbon moves in the Permian—a maneuver that will bolster the U.S.' energy independence, CEO Vicki Hollub told Hart Energy in an exclusive interview. 

Expand Keeps Eye on Comstock’s Monster Haynesville Expansion

But while Expand Energy keeps a watchful eye on what its neighbors are doing, the current gas price is too difficult for Expand to dive into the costly far western Haynesville play itself, said Tim Beard, Expand’s vice president of drilling.

Norway's Massive Johan Sverdrup Oilfield Shut by Power Outage

Norway's Equinor has halted output from its Johan Sverdrup oilfield, western Europe's largest, due to an onshore power outage, the company said on Nov. 18.