Jennifer
Pallanich
Hart Energy
E&P Highlights: Nov. 13, 2023
Here’s a roundup of the latest E&P headlines, including a small but commercial discovery in the North Sea and new contract awards.
Prospera Energy Resumes Drilling Program Development
Prospera Energy’s current production is 1,100 boe/d, with 400 boe/d shut in to accommodate development, and another 300 boe/d behind price on minor repairs and optimization.
Chord Energy Goes Long: Bakken E&P Investigating Four-mile Laterals
With the continued success of its three-mile lateral wells, Williston Basin operator Chord Energy reported higher-than-expected production volumes in the third quarter and is exploring even longer horizontal drilling.
E&P Highlights: Nov. 7, 2023
From another postponement of the Gulf of Mexico’s Lease Sale 261 to new contract awards, below is a compilation of the latest headlines in the E&P space.
APA Corp. Focused on Shareholder Value, Adds Sixth Permian Rig
Amid an all-stock buying bonanza in recent weeks spurred on by Exxon Mobil and Chevron to snatch up shale and international assets, APA remains focused on creating value.
Avnos Launches DAC Pilot Project with SoCalGas
Avnos said its partnership with SoCalGas will pilot technology that produces 5 tons of distilled water for every ton of CO2 captured.
BW Energy Discovery Commercial Oil in Hibiscus South Prospect
BW Energy plans to return to the Hibiscus South Prospect well to complete it as a production well in early 2024.
Pemex Reports Higher Q3 Production, Lower GHG Emissions
Mexico’s Pemex, still the world’s most indebted energy company, continues to boost production while making significant inroads to reduce flared volumes and greenhouse-gas emissions.
Following Court Victory, Williams to Expand in Colorado
Willaims Cos. will take full ownership of Rocky Mountain Midstream and agreed to purchase Cureton Front Range.
Venezuela’s VP Says Guyana Follows Exxon Mobil Script to Rob Resources
Venezuela’s Vice President Delcy Rodríguez accused Guyana’s president Mohamed Irfaan Ali of following mandates from Exxon Mobil Corp. and the U.S. Southern Command regarding the small English-speaking country’s claims to the disputed Essequibo territory located between the two South American countries.