Latest Headlines
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FID On Bourdon And Golfinho Wells Raising 2028 Production Target To Over 100 kbopd
5/20/2026
BW Energy has made final investment decision for the Bourdon development in the Dussafu license offshore Gabon and a campaign of new infill wells in the Golfinho license offshore Brazil. The combined total 2P reserves estimate is 68 million barrels of oil equivalents.
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Kimbell Royalty Partners, LP Announces $147M Permian Basin Mineral And Royalty Acquisition From Mesa Royalties
5/19/2026
Kimbell Royalty Partners, LP (NYSE: KRP) ("Kimbell" or the "Company"), a leading owner of oil and gas mineral and royalty interests in over 17 million gross acres in 28 states, today announced that it has agreed to acquire mineral and royalty interests ("acquired assets") from Mesa Royalties (portfolio companies of funds managed by NGP), in a cash and unit transaction valued at approximately $147.0 million3, subject to purchase price adjustments and other customary closing adjustments (the "Acquisition").
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Viridien Launches Dense Multi-Client OBN Survey Across The Frigg Area Of The North Sea
5/18/2026
Building on the success of its ocean bottom node (OBN) surveys in the North Sea, Viridien has announced the commencement of a dense multi-client OBN survey covering 645 km2 in the Frigg area of the North Sea, straddling the UK and Norwegian sectors.
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Repsol And Santos Reach First Oil At Pikka In Alaska
5/18/2026
Repsol, together with Santos, has reached first oil at Pikka, on Alaska's North Slope in the United States, with oil flow established through the Lease Automated Custody Transfer (LACT) meter into the Pikka oil sales pipeline.
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Oil Sands Alliance Statement On Canada And Alberta Agreement
5/15/2026
Today the Alberta and Canadian governments announced their bi-lateral agreement on the implementation of a revised industrial carbon tax and other matters related to their November 27, 2025 Memorandum of Understanding (the "MOU").
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Production From Davy Field Successfully Restarted
5/15/2026
Perenco UK (PUK) is pleased to confirm that after more than five years since being shut-in, production from the Davy gas field in the Southern North Sea (SNS) has restarted.
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Interior Begins Process To Streamline Permitting In The National Petroleum Reserve In Alaska
5/15/2026
Today, Secretary of the Interior Doug Burgum announced the start of a new effort to streamline permitting for oil and gas infrastructure in the approximately 23-million-acre National Petroleum Reserve in Alaska.
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Halliburton Deploys VersaFlex Expandable Liner Hanger System In The Caspian Sea
5/14/2026
Halliburton successfully deployed its VersaFlex expandable liner hanger system in the bp-operated Azeri–Chirag–Gunashli (ACG) project offshore Azerbaijan in the Caspian Sea. The operation reinforces the companies’ long-standing collaboration and demonstrates Halliburton’s ability to deliver high-value well construction solutions in one of the region’s most complex offshore environments.
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TAG Oil Provides Update On Drilling Operations At BED-1 And SERQ Concessions
5/14/2026
TAG Oil Ltd. (“TAG Oil” or the “Company”) is pleased to announce it has secured a drilling rig for the upcoming T-200 well at the Badr Oil Field (“BED-1”) located in the Western Desert of Egypt. The Company anticipates starting drilling operations by the end of June 2026, subject to receipt of all required regulatory approvals.
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Arrow Announces Exploration Well IC-1 Log Results
5/13/2026
Arrow Exploration Corp. (“Arrow” or the “Company”), the high-growth operator with a portfolio of assets across key Colombian hydrocarbon basins, is pleased to provide an update on operational activity at the Icaco field on the Tapir Block in the Llanos Basin of Colombia where Arrow holds a 50 percent beneficial interest.