Pietro D
Pitts
Hart Energy
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.
Regional Banks Take Advantage of Large Lenders’ Oil, Gas Hesitancy
Regional banks are picking up market share and rallying the U.S. upstream sector.
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.”
Markman: Pre-season Jitters in the Hurricane Zone
If hurricane predictions are correct, oil and gas fortunes could be in hot water.
TC Energy Shareholders OK Spinning Off Liquid Pipelines Business
TC Energy will spin off South Bow Corp., with its primary asset the Keystone oil pipeline, while shifting a hefty amount of TC Energy’s debt to the new company.
Permian Pulse: Franklin Mountain Stands Out Among Delaware M&A Targets
Franklin Mountain was a relative nobody when the company bid for Delaware Basin acreage in a 2018 BLM auction. Today, it’s one of the largest private U.S. oil producers and a major target for acquisition.
Classic Rock: E&Ps Launch Refracs of Vintage Eagle Ford Wells
SilverBow Resources, ConocoPhillips and Devon are among E&Ps seeing positive results from restimulating mature Eagle Ford wells, although no operator is sold on the idea.
What's Affecting Oil Prices This Week? (June 3, 2024)
For 2024, Stratas Advisors says increasing supply will be more challenging unless U.S. producers start ramping up their capital expenditures and drilling programs beyond their current plans.
OPEC Output Cuts Seen as Bearish by Analysts
WTI and Brent oil prices inched lower as investors weighed extended OPEC+ supply cuts.