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.
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.
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.
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 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 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 shallow water field production is expected to peak at 9,300 bbl/d in 2024.
CNOOC’s Bohai Sea project is expected to reach output of nearly 30,000 bbl/d by 2027.
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 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.