Chris
Mathews
Hart Energy
URTeC: E&Ps Tap Refrac Playbook for Eagle Ford, Bakken Inventory
Refracs and other redevelopment projects might not be needle-moving growth drivers—but they’re becoming more common for E&Ps levered in maturing plays like the Eagle Ford and Bakken, experts discussed at URTeC 2024.
Permian Operations at Risk as Wastewater Equation Remains Unbalanced
Wastewater injection is a growing cause of induced seismic activity in oil- and gas-producing regions in the U.S., and without proper management solutions, operational capacities are at risk.
New Fortress Expects First LNG from Unit Offshore Mexico in a Matter of Days
New Fortress Energy Inc. is expecting first LNG by the end of the month for its first Fast LNG unit located offshore Altamira, Mexico.
Comet Ridge Awarded New Block in Australia’s Mahalo Gas Hub
Comet Ridge is expanding in the Bowen Basin’s Mahalo Gas Hub with an award to operate an additional gas block in the area.
US Drillers Cut Oil, Gas Rig Count to Lowest Since January 2022
Baker Hughes said the total rig count is down 97 rigs, or 14%, below this time last year.
TotalEnergies to Sell Subsidiary for $259MM to Malaysian E&P
TotalEnergies is selling its subsidiary TotalEnergies EP (Brunei) BV, which owns interests and is the operator for a mature field offshore Brunei.
Seatrium Awards Classification to ABS for 2 Newbuild FPSOs
The two FPSOs will be deployed by Petrobras in the eastern part of the Santos Basin, 200 km offshore Rio de Janeiro.
Valeura Purchases FSO Offshore Thailand
After initially leasing the Aurora FSO, Valeura Energy decided to purchase the vessel for $19 million.
Sea Power: Noble’s Deal Fires Major Volley in Offshore, Services M&A
Noble Corp.’s $1.6 billion acquisition of Diamond Offshore Drilling may seem like small potatoes compared to the upstream sectors’ massive megadeals, but service sector consolidation could snowball, analysts said.
Trendsetter to Deliver Subsea Manifolds Offshore Brazil to Trident Energy
The subsea contract follows Trendsetter establishing local facilities in Brazil.