Nissa
Darbonne
Oil and Gas Investor
Big Barrels: Meet Ohio’s New Utica Oil Play
After a false start in the early 2010s that went underwater with overwhelmingly low oil and associated-gas prices, a new group of Ohio drillers is going after the Utica’s volatile oil window. They’re talking now. Here’s what they’re up to.
Southwest Gas Selects Bowman to Survey in Nevada, California
Virginia-based Bowman Consulting Group has been selected a fifth time for ongoing an on-call agreement with Southwest Gas.
Transocean Announces $531MM GoM Contract with BP
BP’s contract with a Transocean vessel is expected to culminate in a drilling program beginning in first-quarter 2025.
BP Awards Subsea Alliance Contract for UK North Sea Development
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.
BP Takes FID on US GoM Development Kaskida
BP has taken a final investment decision on its Kaskida development in the U.S. GoM, with production of 80,000 bbl/d expected to start flowing in 2029.
Wood Mackenzie: OFS Costs Expected to Decline 10% in 2024
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 Shareholders Approve Buyout by Drilling Tools International
Superior Drilling Products shareholders approved the company’s $32 million acquisition by Drilling Tools International.
E&P Highlights: July 29, 2024
Here’s a roundup of the latest E&P headlines including Energean taking FID on the Katlan development project and SLB developing an AI-based platform with Aker BP.
International, Tech Drive NOV’s 2Q Growth Amid US E&P Headwinds
Despite a U.S. drilling slowdown, slightly offset by Permian Basin activity, NOV saw overall second-quarter revenue grow by 6%, although second-half 2024 challenges remain in North America.
Technip Energies Awarded Low-emissions Technology Contract from CPChem
Technip Energies will perform engineering and procurement for Chevron Phillips Chemical’s low emission cracking furnace in Sweeny, Texas.