Jaxon
Caines
Hart Energy
Are 3-mile Laterals Worth the Extra Mile?
Every additional foot increases production, but it also increases costs.
Occlusion and Envana’s ‘Grave to Grave’ Solution for Orphan Wells
Despite no longer producing, abandoned wells pose a significant environmental problem. Occlusion and Envana look to remedy the “couple hundred thousand-well problem” with their Go2Green process for well retirement.
IBAT Cranks Up US Commercial Direct Lithium Extraction Facility
Houston-based International Battery Metals said the startup marks the first commercial-scale facility that uses DLE technology in North America and the world’s first modular commercial DLE plant.
Upstream, Midstream Dividends Declared in the Week of July 8, 2024
Here is a selection of upstream and midstream dividends declared in the week of July 8.
Solaris Stock Jumps 40% On $200MM Acquisition of Distributed Power Provider
With the acquisition of distributed power provider Mobile Energy Rentals, oilfield services player Solaris sees opportunity to grow in industries outside of the oil patch—data centers, in particular.
Enverus Inventory Rankings: Pinpointing Shale’s Best Remaining Runway
The Montney Shale steals the spotlight in Enverus’ play rankings, while the Eagle Ford draws plaudits for its resilience.
CNOOC’s Bohai Bay Well Achieves High Yield
CNOOC’s Bozhong 19-6 Condensate Gas Field D1 well, the first ultra-deep well in China’s Bohai Bay, is currently producing approximately 6,300 boe/d.
Eni Reports Discovery Offshore Mexico in Block 9
Italian energy giant Eni SpA announced a discovery at the Yopaat-1 EXP exploration well in the offshore Mexico Block 9 of the Cuenca Salina in the Sureste Basin, which potential up to 400 MMboe in place.
Solaris to Acquire Mobile Energy Rentals, Rename to Solaris Energy Infrastructure
Following the closing of its deal to acquire Mobile Energy Rentals, Solaris Oilfield Infrastructure will also be rebranding to Solaris Energy Infrastructure to more closely represent its expanded solutions offerings.
Golden Pass LNG’s not so Golden Days
The $9.25 billion Golden Pass LNG project is arguably not having a golden moment at eight months behind schedule and some $2 billion over budget. Owners QatarEnergy and Exxon Mobil Corp. have begun damage control.