United States
New Wells Underway: Private E&Ps Pulled 40% of US Permits in May
Private E&Ps are keeping pace with public operators in taking permits for new-drill horizontals across the Lower 48, according to a research report.
US Court Overturns Alaska Oil Lease Sale in a Win for Environmentalists
The ruling affects a lease sale held in December 2022 of offshore tracts for oil and gas development in the Cook Inlet in the northern Gulf of Alaska.
Detechtion Acquires Software Solutions Company EZ Ops
The acquisition of EZ Ops plans to enhance Detechtion’s presence in field service management and complements its Fieldlink product, which serves producers and service companies in inspection and maintenance.
WoodMac: Permian Producers Eye Mexico’s Saguaro Energía LNG FID for Takeaway Relief
Wood Mackenzie expects Mexico Pacific to take FID on the first phase of its Saguaro Energía LNG project in either the second half of 2024 or early 2025.
EOG Resources Wildcatting Pearsall in Western Eagle Ford Stepout
EOG Resources spud the well June 25 in Burns Ranch with rights to the Pearsall well about 4,000 ft below the Eagle Ford, according to myriad sources.
DC Appeals Court Sends Louisiana LNG Permit Decision Back to FERC
The Washington D.C. Court of Appeals' decision follows a railroad dispute headed to the Supreme Court this fall.
Energy Transfer-Sunoco JV Forms Monster Permian Network
The joint venture between midstream operators Sunoco and Energy Transfer’s crude gathering in the Permian Basin should prove to be mutually beneficial, analysts say.
Summit Midstream Commences Tender Offer on Notes Due 2026
Summit Midstream also announced July 17 a proposed offering of $500 million in aggregate principal amount of new senior secured second lien notes due 2029.
LLOG Exploration Acquires 41 Deepwater Gulf of Mexico Blocks
LLOG acquisition makes it the sole interest holder and operator in the 41 Gulf of Mexico blocks.
MTR Reaches ‘End of Road’ Test to Prove Carbon Capture Scalability
Membrane Technology and Research, working with the U.S. Department of Energy among others, is nearing the startup of a large membrane carbon capture system pilot in Wyoming to establish commercial scalability.