GlobeNewswire Press
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APA Corporation Announces Appraisal Drilling Success Offshore Suriname In Block 58
7/29/2021
APA Corporation (Nasdaq: APA) today announced drilling success and updated the status of its appraisal program offshore Suriname in Block 58. As previously noted, the primary objective of the first phase of the appraisal drilling program is to deliver a fast-track, black oil development.
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Plains All American And Oryx Midstream Announce Permian Basin Joint Venture
7/13/2021
Plains All American (Nasdaq: PAA & PAGP) (“Plains”) and Oryx Midstream Holdings LLC (“Oryx”), a portfolio company of Stonepeak Infrastructure Partners, today announced they have entered into a definitive agreement to merge their respective assets, operations and commercial activities within the Permian Basin into a newly formed strategic joint venture, Plains Oryx Permian Basin LLC (“Plains Oryx Permian Basin” or the “JV”).
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Seneca Resources And NexTier To Collaborate On Comprehensive Emissions Testing For Well Completion Operations
7/12/2021
Today, Seneca Resources Company, LLC (“Seneca”), the exploration and production segment of National Fuel Gas Company , and NexTier Oilfield Solutions Inc. (“NexTier”) announced their intent to pioneer an innovative study evaluating the carbon emissions generated by various types of equipment commonly used for hydraulic fracturing of oil and natural gas wells.
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Penn Virginia Announces Agreement To Acquire Lonestar Resources
7/12/2021
Penn Virginia Corporation ("Penn Virginia" or the "Company") and Lonestar Resources US Inc. (“Lonestar”) today announced that they have entered into a definitive merger agreement under which Penn Virginia will acquire Lonestar in an all-stock transaction. Under the terms of the agreement, Lonestar shareholders will receive 0.51 shares of common stock of Penn Virginia for each share of common stock of Lonestar outstanding.
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TC Energy Commences NAFTA Claim Following Revocation Of Keystone XL Presidential Permit
7/2/2021
TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) announced today it has filed a Notice of Intent to initiate a legacy North American Free Trade Agreement (NAFTA) claim under the United States-Mexico-Canada Agreement to recover economic damages resulting from the revocation of the Keystone XL Project’s Presidential Permit.
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LLOG Exploration Announces First Production At Praline Field - Mississippi Canyon Block 74
6/23/2021
LLOG Exploration Company, L.L.C. (“LLOG” or the “Company”) today announced first production from the Company’s Praline field, a discovery in Mississippi Canyon Block 74.
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Devon Energy Establishes New Environmental Performance Targets Including Net Zero GHG Emissions
6/21/2021
Devon Energy Corp. (NYSE: DVN) announced today it is establishing new environmental performance targets focused on reducing the carbon intensity of its operations, minimizing freshwater use, and engaging constructively with its value chain.
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Transocean Ltd. Announces $116M In Harsh Environment Contract Awards
6/16/2021
Transocean Ltd. (NYSE: RIG) announced today the Transocean Barents was awarded a two-well contract in Norway with commencement expected in February 2022. The contract award is approximately 200 days in duration and adds an estimated $60 million in firm contract backlog.
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Suncor Energy And Terra Nova Co-Owners Reach Agreement In Principle On Terra Nova
6/16/2021
Suncor today advised that the co-owners of the Terra Nova Floating, Production, Storage and Offloading (FPSO) facility and associated Terra Nova Field (“Terra Nova” or “the project”) have reached an agreement in principle to restructure the project ownership and provide short-term funding towards continuing the development of the Asset Life Extension Project, with the intent to move to a sanction decision in the Fall.
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TC Energy Confirms Termination Of Keystone XL Pipeline Project
6/9/2021
TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) confirmed today that after a comprehensive review of its options, and in consultation with its partner, the Government of Alberta, it has terminated the Keystone XL Pipeline Project (the Project).