Here’s a roundup of the latest E&P headlines, with a major project starting production in the Gulf of Mexico and the latest BLM proposal for oil and gas leases in North Dakota.
Oilfield service company Enservco also announced its acquisition of Buckshot Trucking is expected to close soon.
Chris Scholla previously served as Atlas Energy Solutions’ chief supply chain officer and pushed the company into the oilfield logistics market.
Less than a year out from the closing of its merger with NexTier and its acquisition of Ulterra Drilling Technologies, Patterson-UTI is taking strides not to be the latest has-been.
Here is a selection of dividends declared for the week of Aug. 2 for a selection of upstream, midstream and service & supply companies.
Virginia-based Bowman Consulting Group has been selected a fifth time for ongoing an on-call agreement with Southwest Gas.
BP’s contract with a Transocean vessel is expected to culminate in a drilling program beginning in first-quarter 2025.
SLB, OneSubsea, Subsea 7 and the Subsea Integration Alliance will increase speed of tool delivery, optimize installation and reduce rig days at BP’s Murlach development in the North Sea.
As service companies anticipate a slowdown in Lower 48 activity, analysts at Wood Mackenzie say efficiency gains, not price reductions, will drive down well costs and equipment demand.
Superior Drilling Products shareholders approved the company’s $32 million acquisition by Drilling Tools International.