Comstock Could Take its New North Houston Haynesville Play to 2 Bcf/d

The wildcatter’s two newest wells have come in with up to 35 MMcf/d as Comstock Resources drills in the Haynesville Shale north of Houston.

Despite JV Reports, BP Focused on Organic Growth Not M&A—CEO

BP remains focused on its transformation into an integrated energy company, interim CEO Murray Auchincloss said during a quarterly webcast, ruling out M&A for now despite reports the company was seeking joint venture partners.

Analysis: How Chevron’s Hess Deal Boosts LatAm Position

Chevron’s recent $53 billion all-stock deal to acquire Hess Corp. will boost the company’s portfolio in Latin America, a former Chevron executive told Hart Energy.

E&P Highlights: Oct. 30, 2023

Here’s a roundup of the latest E&P headlines, including the gas export concept solution for Goliat and subsea equipment delivered for Shenzi North.

Petrobras Reports Rise in Q3 Production

Petrobras reported a near double digit rise in combined production in the third quarter 2023 to 2.88 MMboe/d, owing to better operating performance, new wells and the ramp-up of various offshore platforms.

TotalEnergies Eyes New South America, Africa Cash Flow Potential

TotalEnergies SE CEO Patrick Pouyanné believes recent exploration successes in South America and Africa hold potential to boost the French company’s production and cash flow.

CNOOC’s Enping 18-6 Field in South China Sea Goes Online

CNOOC’S shallow water field production is expected to peak at 9,300 bbl/d in 2024.

CNOOC’s Penglai 19-3 Oilfield Area Project Starts Production

CNOOC’s Bohai Sea project is expected to reach output of nearly 30,000 bbl/d by 2027.

Aker BP’s KEG Starts Production

Aker BP’s subsea tieback in the Kobra East & Gekko project is the second of three tiebacks the company has planned to send production to the Alvheim FPSO in the North Sea.

Hess’ Bakken Production Nearing Peak of 200,000 boe/d

Hess Corp.’s combined oil, gas and NGL production from onshore Bakken in this year’s third quarter is close to reaching its peak of 200,000 boe/d.