The Latest

Chevron Completes Farm-In Offshore Namibia

Chevron now has operatorship and 80% participating interest in Petroleum Exploration License 82 offshore Namibia.

E&P Highlights: Feb. 3, 2025

Here’s a roundup of the latest E&P headlines, from a forecast of rising global land rig activity to new contracts.

Murphy Shares Drop on 4Q Miss, but ’25 Plans Show Promise

Murphy Oil’s fourth-quarter 2024 output missed analysts’ expectations, but analysts see upside with a robust Eagle Ford Shale drilling program and the international E&P’s discovery offshore Vietnam.

E&P Highlights: Jan. 27, 2025

Here’s a roundup of the latest E&P headlines including new drilling in the eastern Mediterranean and new contracts in Australia.

Formentera Joins EOG in Wildcatting South Texas’ Oily Pearsall Pay

Known in the past as a “heartbreak shale,” Formentera Partners is counting on bigger completions and longer laterals to crack the Pearsall code, Managing Partner Bryan Sheffield said. EOG Resources is also exploring the shale.

E&P Highlights: Jan. 21, 2025

Here’s a roundup of the latest E&P headlines, with Flowserve getting a contract from ADNOC and a couple of offshore oil and gas discoveries.

TXO Announces 3 Tcfe NatGas Potential in San Juan Basin

TXO Partners plans to exploit a 3,520-acre play as Phase 1 development in the Mancos Shale.

Talos Energy’s Katmai West #2 Well Hits Oil, Gas Pay in GoM

Combined with the Katmai West #1 well, the Katmai West #2 well has nearly doubled the Katamai West Field’s proved EUR to approximately 50 MMboe gross, Talos Energy said.

E&P Highlights: Jan. 13, 2025

Here’s a roundup of the latest E&P headlines, including Chevron starting production from a platform in the Gulf of Mexico and several new products for pipelines.

Murphy’s Vietnam Find May Change Investor Views, KeyBanc Analysts Say

The discovery by a subsidiary of Murphy Oil Corp. is a reminder of the company’s exploration prowess, KeyBanc Capital Markets analysts said.