Nissa
Darbonne
Oil and Gas Investor
EOG Resources to Begin Persian Gulf Wildcatting Onshore Bahrain
Multi-decade U.S. shale producer EOG Resources said it is confident the tight-gas resource is there and first gas will come online beginning in 2026.
Vår Energi Makes Third Oil Discovery in Barents Sea
Vår Energi has discovered a third offshore oil reserve in the Goliat area of the Norwegian Continental Shelf as part of an exploratory collaboration with Equinor.
Coterra to Rig Back up in Marcellus to Arrest Decline
“This increase in activity is from zero to ‘some’ activity. I wouldn't characterize this as ‘leaning into’ a gas market,” Shane Young, Coterra Energy’s CFO, told investors.
Halliburton, Sekal Partner on World’s First Automated On-Bottom Drilling System
Halliburton Co. and Sekal AS delivered the well for Equinor on the Norwegian Continental Shelf.
Coterra’s Rigs ‘Stay Camped Out’ in Delaware Basin Mega-DSU Drilling
With 57 wells already in one “row” development, Coterra Energy has 16 more underway, plus rigs at work on two more mega-DSU developments totaling 90 wells.
Saipem, Subsea7 Merge to Create Offshore Services Company
The new energy services company called Saipem7 would have an annual revenue of $21 billion.
Vital, SM: Woodford-Barnett Wildcats Flush with Barrels in Southern Midland
An initial SM Energy test made 250,000 boe in its first eight months online. Vital Energy is reporting more than 150,000 gross boe per 10,000 ft of lateral in its first-six-month output.
E&P Highlights: Feb. 24, 2025
Here’s a roundup of the latest E&P headlines, from a sale of assets in the Gulf of Mexico to new production in the Bohai Sea.
Six New Dean Wildcats Come With 95% Oil in Northern Midland Basin
SM Energy reported geologic variability in deposition in the new play in southern Dawson County, Texas, but “it's really competitive.”
Exxon Aims to Boost Guyana Gas Production, Explore Export Options
Production capacity in Guyana is expected to surpass 1.7 MMbbl/d, with gross production growing to 1.3 MMbbl/d by 2030.