An offshore natural gas pipeline that exploded near Venice, Louisiana, on Aug. 17, killing one person, was owned by Whitney Oil and Gas, the U.S. Coast Guard said on Aug. 19.
At the EnerCom Denver conference, an APA Corp. executive didn’t address reports that APA was shopping up to $1 billion in Permian Basin assets, but he said the company is looking to shed $2 billion in term loans associated with its purchase of Callon Petroleum.
Here’s a roundup of the latest E&P headlines including new seismic solutions being deployed and space exploration intersecting with oil and gas.
Executives at EQT, NOV and Oxy Low Carbon Ventures discussed technology, scalability and other energy transition needs at a recent SPE conference.
New Fortress Energy's FLNG1 site will now ramp up and hit full production by September, company officials reported.
Private equity firm Quantum Capital Group closed an acquisition of Caerus Oil and Gas. Quantum is splitting Caerus’ assets in Colorado and Utah between two portfolio companies.
Civitas Resources poured billions of dollars into Permian M&A, but the company still sees room to run in its foundational portfolio in Colorado.
APA Corp. is exploring the sale of oil and gas drilling properties spread across parts of the Permian basin of Texas and New Mexico, in a deal that could be valued at about $1 billion.
For the upcoming week, Stratas Advisors are expecting that oil prices will move sideways with the positive factors being offset by the negative factors.
Loaded with cash, Saudi oil powerhouse Aramco has embarked on a net-zero quest.