Petrobras to Reactivate ANSA Fertilizer Plant in Southern Brazil

Brazil’s state-owned Petrobras looks to restart operations at its Araucária Nitrogenados fertilizer plant, located in Brazil’s state of Paraná, in the second-half of 2025.

TotalEnergies Reserves Hull for Development Offshore Suriname

TotalEnergies operates Block 58, with partner APA Corp., and expects to make a final investment decision in fourth quarter 2024, while initial production is slated for 2028.

Texas Startup Hopes Fourth Time's a Charm to Build First Big US Oil Refinery Since 1977

Element Fuels Holdings, a Dallas-area startup proposing to build the first all-new U.S. oil refinery in nearly 50 years, on June 6 said it was relaunching efforts to build a large plant in South Texas.

Vital Energy’s 57 Miles of Completed Lateral: A Midland Mega-unit

Vital Energy’s 20-well unit in southwestern Glasscock County, Texas, is producing some 18,000 bbl/d from some 300,000 feet of horizontal hole — the equivalent of more than two marathons.

Found in Mitchell County, Permian Basin: 2.5-mile Wolfcamp Stepouts

Bayswater Exploration & Production has taken its Midland Basin oil play far east into Mitchell County where a high carbonate content “gives us a chance to really compete with the big guys.”

Norway’s Equinor Divests Gina Krog Field Interests

Equinor is selling its 19.5% interests in production licenses (PL) 048E, which is the Eirin field, and PL 1201 to PGNiG Upstream Norway for an undisclosed amount.

Transocean Announces $161MM in Contract Extensions

Three of Transocean’s harsh environment semisubmersibles have been awarded contract extensions.

Exxon Mobil Goes Long with Permian’s Poker Lake Well

Exxon Mobil’s Permian wells manager tells Hart Energy about the successes and challenges in drilling one of the longest lateral wells in the basin.

E&P Highlights: June 4, 2024

Here’s a roundup of the latest E&P headlines, with new contracts awarded and larger commitments made for oil and gas exploration in South Korea and Australia.

Woodside’s Scarborough LNG Receives $1B Loan from Japanese Bank

Woodside Energy’s Scarborough LNG project, located off Australia’s coast, is scheduled to start shipping cargo in 2026.