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E&P Highlights: Oct. 7, 2024
Here’s a roundup of the latest E&P headlines, including a major announcement from BP and large contracts in the Middle East.
Now, the Uinta: Drillers are Taking Utah’s Oily Stacked Pay Horizontal, at Last
Recently unconstrained by new rail capacity, operators are now putting laterals into the oily, western side of this long-producing basin that comes with little associated gas and little water, making it compete with the Permian Basin.
Exclusive: Sheffield Clears the Air, Formentera is Not Just a PDP Buyer
Formentera Founder and Partner Bryan Sheffield delves into the company's drilling operations including the unique history of how Formentera took up assets in Australia's Beetaloo, in this Hart Energy Exclusive interview.
APA, TotalEnergies Aim for 'New Dawn' in Suriname with Massive GranMorgu Project
APA Corp. and TotalEnergies announced a $10.5 billion final investment decision for the GranMorgu project located offshore Suriname in Block 58. First production to come from a 220,000 bbl/d FPSO is slated to flow in 2028.
E&P Highlights: Sept. 30, 2024
Here’s a roundup of the latest E&P headlines, including concessions awarded in the Middle East and updates following Hurricane Helene.
CNOOC Brings Online Phase 2 of Natgas Project in South China Sea
CNOOC’s Shenhai-1Natural Gas Development Project is expected to reach peak production in 2025.
Chevron Gets Approval for Farm-in Offshore Uruguay
Chevron Corp. received approval for farm-in at the AREA OFF-1 block offshore Uruguay and along with partner CEG Uruguay SA eyes the acquisition of 3D seismic over the remainder of 2024.
VTX Energy Quickly Ramps to 42,000 bbl/d in Southern Delaware Basin
VTX Energy’s founder was previously among the leadership that built and sold an adjacent southern Delaware operator, Brigham Resources, for $2.6 billion.
E&P Highlights: Sept. 23, 2024
Here's a roundup of the latest E&P headlines, including Turkey receiving its first floating LNG platform and a partnership between SLB and Aramco.
Kolibri Global Drills First Three SCOOP Wells in Tishomingo Field
Kolibri Global Energy reported drilling the three wells in an average 14 days, beating its estimated 20-day drilling schedule.