E&P Highlights: Feb. 5, 2024
Here’s a roundup of the latest E&P headlines, including an update on Enauta’s Atlanta Phase 1 project.
Oceaneering Won $200MM in Manufactured Products Contracts in Q4 2023
The revenues from Oceaneering International’s manufactured products contracts range in value from less than $10 million to greater than $100 million.
TGS, SLB to Conduct Engagement Phase 5 in GoM
TGS and SLB’s seventh program within the joint venture involves the acquisition of 157 Outer Continental Shelf blocks.
NOV's AI, Edge Offerings Find Traction—Despite Crowded Field
NOV’s CEO Clay Williams is bullish on the company’s digital future, highlighting value-driven adoption of tech by customers.
Some Payne, But Mostly Gain for H&P in Q4 2023
Helmerich & Payne’s revenue grew internationally and in North America but declined in the Gulf of Mexico compared to the previous quarter.
Seadrill Awarded $97.5 Million in Drillship Contracts
Seadrill will also resume management services for its West Auriga drillship earlier than anticipated.
E&P Highlights: Jan. 29, 2024
Here’s a roundup of the latest E&P headlines, including activity at the Ichthys Field offshore Australia and new contract awards.
BOEM Adjusts Monetary Penalties for Oil, Gas Companies
BOEM’s adjustment is based on a 2015 act that requires annual inflation adjustments.
Private Equity: Seeking ‘Scottie Pippen’ Plays, If Not Another Michael Jordan
The Permian’s Tier 1 acreage opportunities for startup E&Ps are dwindling. Investors are beginning to look elsewhere.
Trendsetter Completes Two Deepwater Well Stimulation Campaigns
Trendsetter Engineering's campaigns resulted in the “successful” acid treatments of a combined six wells using their subsea tree injection manifold.