Energy A&D Transactions from the Week of Nov. 30, 2022
Here’s a snapshot of recent energy deals including a $1.55 billion acquisition by Diamondback Energy in the Permian Basin and Shell’s nearly $2 billion RNG deal.
BOEM Publishes Final Notice of Sale for Alaska Cook Inlet
The Inflation Reduction Act, signed in August, directed BOEM to hold the Alaska Cook Inlet sale on or before year’s end.
Pantheon Resources Falls on Reports of Muddy Waters Bet
Shares drop following reports that U.S. hedge fund Muddy Waters had taken a short position on the Alaska-focused E&P company.
Plans for World’s Northernmost Oil Field in Doubt as Costs Soar
Environmental campaigners celebrated on Nov. 10 as state-controlled Equinor pushed back an investment decision on the Wisting offshore oil field to the end of 2026 from December this year, with one analyst saying it could be shelved indefinitely.
On the Market Oil and Gas Quicklist (Week of Nov. 2, 2022)
Here’s a quicklist of oil and gas assets on the market including a Tap Rock Resources operated Permian Basin package in Reeves County in West Texas.
On the Market Oil and Gas Quicklist (Week of Oct. 26, 2022)
Here’s a quicklist of oil and gas assets on the market including Arkoma Drilling’s portfolio of Haynesville assets in North Louisiana plus the Gungnir Resources prospect in the northern D-J Basin in Wyoming.
E&P Highlights: Oct. 10, 2022
Here’s a roundup of the latest E&P headlines including a new Algerian project going onstream, a commercial gas find offshore Israel and regulatory updates from Australia, the U.S. and Norway from the past week in the upstream oil and gas industry.
Japan Companies, Hilcorp to Study Making Ammonia in Alaska for Greener Energy
Four companies agreed to “evaluate the commercial feasibility of utilizing North Slope natural gas delivered to Southcentral Alaska via the Alaska LNG Project to produce carbon-free ammonia,” Alaska Gasline Development Corp. said.
US Plans to Hold Cook Inlet Drilling Auction in Alaska
The sale is among the concessions to the oil and gas sector included in U.S. President Joe Biden's new climate change law, the Inflation Reduction Act (IRA).
Chevron Offering Minority Stakes in Three Alaskan Oil Fields
A sale of Chevron’s Alaska oil and gas assets could fetch between $450 million and $550 million, according to a Rystad Energy analyst using comparable transactions.