Pitts: Heavyweight Battle Brewing Between US Supermajors in South America

Exxon Mobil took the first swing in defense of its right of first refusal for Hess' interest in Guyana's Stabroek Block, but Chevron isn't backing down.

Deepwater Roundup 2024: Offshore Australasia, Surrounding Areas

Projects in Australia and Asia are progressing in part two of Hart Energy's 2024 Deepwater Roundup. Deepwater projects in Vietnam and Australia look to yield high reserves, while a project offshore Malaysia looks to will be developed by an solar panel powered FPSO.  

E&P Highlights: April 8, 2024

Here’s a roundup of the latest E&P headlines, including new contract awards and a product launch.

OKEA Fast-tracking North Sea’s Brasse Tieback to Brage

OKEA expects first production in 2027 and has signed contracts with Aker Solutions, Subsea7 and OneSubsea.

Diamondback May Go Nuclear to Power Permian Basin Ops

Oklo Inc., a California fission power plant developer, on April 8 said it signed a letter of intent to collaborate with Diamondback Energy on implementation of nuclear energy for drilling operations in the Permian Basin.

E&P Earnings Season Proves Up Stronger Efficiencies, Profits

The 2024 outlook for E&Ps largely surprises to the upside with conservative budgets and steady volumes.

Enterprise Increasing Permian NatGas Production

Enterprise Products Partners began service on two natural gas plants: the Leonidas in the Midland Basin and the Mentone 3 in the Delaware Basin, each with a capacity to process 300 MMcf/d of natural gas and 40,000 bbl/d of NGLs.

BKV CEO Chris Kalnin says ‘Forgotten’ Barnett Ripe for Refracs

The Barnett Shale is “ripe for fracs” and offers opportunities to boost natural gas production to historic levels, BKV Corp. CEO and Founder Chris Kalnin said at the DUG GAS+ Conference and Expo.

Deepwater Roundup 2024: Offshore Africa

Offshore Africa, new projects are progressing, with a number of high-reserve offshore developments being planned in countries not typically known for deepwater activity, such as Phase 2 of the Baleine project on the Ivory Coast.

E&P Highlights: April 1, 2024

Here’s a roundup of the latest E&P headlines, including new contract awards.