Seatrium Awarded Contract for FPSO Bound for Guyana’s Stabroek

The topsides fabrication and integration contract will be for the FPSO Jaguar, bound for the Whiptail Field in the Stabroek block offshore Guyana for Exxon Mobil.

Apache CEO: Longer Laterals Expected as Permian Enters New Era

With more than a decade of development in the Midland and Delaware basins, there are more limitations that operators will have to work around, said Apache Corp. CEO John Christmann at Hart Energy's SUPER DUG Conference & Expo.  

Empire Petroleum’s Williston Drilling Program Identifies New Zones

Empire Petroleum provided updates on its Williston Basin development drilling program in its first quarter 2024 earnings results.

Permian Powerhouse: Apache Doubles Down on Core Assets After Callon Acquisition

Apache CEO John Christmann detailed plans for the Permian Basin and Suriname during the SUPER DUG Conference & Expo.

Cheniere’s Next Corpus Christi LNG Stage Online by Year-end

Cheniere executives are optimistic the first LNG cargo will depart from Train 1 of its Corpus Christi Stage 3 project by the end of 2024, and that the company will bring all seven trains at the project online before the end of 2026.

E&P Highlights: May 13, 2024

Here’s a roundup of the latest E&P headlines, with a couple fields coming online, as well as new contract awards.

Chord Juggles Closing $4B Enerplus Deal, Plans to Drill 4-mile Laterals

Chord Energy expects to close its Enerplus acquisition by the end of May but, for now, is focused on three-mile and, eventually, four-mile laterals in the Williston Basin.

New Permian Math: Vital Energy and 42 Horseshoe Wells

Vital Energy anticipates making 42 double-long, horseshoe-shaped wells where straight lines would have made 84 wells. The estimated savings: $140 million.

Time is Money: Shell Prioritizes Speed with Brownfield Strategy

Shell’s replicant strategy trades customization of the production unit for a sped-up cycle time for Whale, Sparta developments in the deepwater Gulf of Mexico.

SM Energy Targets Prolific Dean in New Northern Midland Play

KeyBanc Capital Markets reports SM Energy’s wells “measure up well to anything being drilled in the Midland Basin by anybody today.”