Latest Headlines
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SM Energy Announces Highly Accretive $2.0B Uinta Basin Acquisition, 11% Increase To Fixed Dividend And Reloaded $500M Share Repurchase Program
6/27/2024
SM Energy Company (the "Company" or "SM Energy") (NYSE: SM) today announces that it has entered into an agreement to acquire the Uinta Basin oil and gas assets owned by certain entities affiliated with XCL Resources, LLC ("XCL"), a private company backed by EnCap Investments L.P. ("EnCap") and Rice Investment Group ("Rice"), for an unadjusted purchase price of $2.55 billion.
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Commercial Oil And Gas Discovery In The Gjøa Area In The North Sea
6/27/2024
The Vår Energi operated Cerisa exploration well in production license PL 636 was successful with estimated gross recoverable resources of between 18-39 million barrels of oil equivalent (mmboe).
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Eni: Agreement To Sell Upstream Assets In Alaska
6/27/2024
Eni has signed a binding agreement with Hilcorp, one of the largest US private company with extensive experience operating in Alaska, for the sale of 100% of the Nikaitchuq and Oooguruk assets owned by Eni in Alaska.
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PETRONAS Awards NBE Cluster PSC To Fuel Long Term Energy Needs
6/27/2024
PETRONAS, through Malaysia Petroleum Management (MPM), today signed a Small Field Asset (SFA) Production Sharing Contract (PSC) with Vestigo Petroleum Sdn Bhd (Vestigo) for a Discovered Resource Opportunity (DRO) cluster, which was marketed under the Malaysia Bid Round Plus (MBR+).
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Transocean Ltd. Announces $188M Ultra-Deepwater Drillship Contract Extension
6/26/2024
Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced a 365-day contract extension for the Deepwater Asgard with an independent operator in the U.S. Gulf of Mexico.
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CGX Energy And Frontera Energy File Notice Of Potential Commercial Interest For Wei-1 Well, Offshore Guyana
6/26/2024
CGX Energy Inc. (“CGX”) and Frontera Energy Corporation (“Frontera”), joint venture partners (the “Joint Venture”) in the Petroleum Prospecting License for the Corentyne block offshore Guyana (the “License”), today announced that the Joint Venture has submitted a Notice of Potential Commercial Interest (the “Notice”) for the Wei-1 discovery to the Government of Guyana, which preserves the Joint Venture’s interests in the License.
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Endress+Hauser Honors Investors At The 2024 Innovators' Meeting
6/25/2024
Endress+Hauser has once again demonstrated its commitment to innovation. In 2023, the company launched 20 new products and introduced over 1,100 new device options. The measurement and automation technology specialist’s customers also benefited from new tools and improved processes. The people behind these advances were honored at the annual Innovators’ Meeting at Messe Basel.
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Pytheas Energy Acquires Interest In Three Oil-Producing Properties
6/25/2024
Pytheas Energy, Inc is pleased to announce the addition of three producing oil and gas properties to its growing portfolio, the Andrews Crane Asset, the Bakken Asset, and the Minerva-Rockdale Asset.
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Enverus Releases Top 100 Private E&P Operators List
6/25/2024
Enverus, the most trusted energy-dedicated SaaS and generative AI company, has released its annual list of the most prolific 100 private oil and gas producers in the U.S. based on gross operated production, well count and rig movements across last year.
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U.S. Energy Continues To Expand Its Footprint In The Permian Basin
6/25/2024
U.S. Energy Development Corporation (U.S. Energy), an exploration and production (E&P) company focused on the development of energy projects throughout North America, is strategically expanding its operations in the prolific Permian Basin.