-
01Jul0 comments
Sanchez emerges from Chapter 11 as Mesquite Energy
Sanchez Energy Corp. has emerged from its financial restructuring and emerged from Chapter 11 as privately held Mesquite Energy Inc.
-
01Jul0 comments
Shell to slash asset values by $22 billion
Royal Dutch Shell is writing down the value of its oil and gas assets by up to $22 billion after…
-
30Jun0 comments
Lilis Energy files for Chapter 11 bankruptcy
Lilis Energy Inc. has voluntarily filed under Chapter 11 of the US Bankruptcy Code in the US bankruptcy court for…
-
30Jun0 comments
Jadestone to acquire operated 90% interest in Lemang PSC, onshore Indonesia
Jadestone Energy Inc. has agreed to acquire an operated 90% interest in the Lemang production sharing contract, onshore Indonesia, from…
-
30Jun0 comments
Chesapeake looks to eliminate $7 billion of debt through Chapter 11
Chesapeake Energy has filed for Chapter 11 bankruptcy protection to facilitate a comprehensive balance sheet restructuring, the Oklahoma-based company said…
-
26Jun0 comments
Union Jack acquires additional interest in UK onshore license
Union Jack Oil PLC has increased its interest in UK onshore license PEDL253 with a deal to acquire a 3%…
-
25Jun0 comments
Neptune completes removal of three Dutch platforms
Neptune Energy safely removed L10-C, L10-D, and L10-G platforms from the Dutch sector of the North Sea. The platforms provided…
-
24Jun0 comments
Inpex granted renewal of exploration permit around Ichthys production license
The Australian National Offshore Titles Administrator (NOTA) has granted Japanese-led group Inpex a renewal of its Browse basin exploration permit…
-
23Jun0 comments
Talos Energy to operate certain newly acquired GoM shelf assets
Talos Energy Inc. will become operator of 11 of 16 selected US Gulf of Mexico shelf assets acquired in a…
-
23Jun0 comments
Shell’s Brent Alpha platform removed from North Sea
Shell UK Ltd.’s 170,000-tonne Brent Alpha platform in the North Sea has been removed.
-
20Jun0 comments
Norway invites bids for mature offshore acreage
Norway has invited operators to bid for mature acreage in the Norwegian continental shelf with blocks in the Norwegian North…
-
20Jun0 comments
Petrobras starts process to sell certain shallow water assets
Petróleo Brasileiro SA Petrobras has initiated the process to sell certain Brazilian assets in line with its plan to improve…
-
19Jun0 comments
Chevron to sell out of NW Shelf project
Chevron Australia will sell its 16.6% interest in the North West Shelf gas project off Western Australia.
-
18Jun0 comments
EIA: US crude inventories up 1.2 million bbl
US crude oil inventories for the week ended June 12, excluding the Strategic Petroleum Reserve, increased by 1.2 million bbl…
-
18Jun0 comments
Keraudren 3D survey enhances Dorado permit
The Keraudren 3D seismic survey in the Bedout subbasin off Western Australia delivered a high-quality data set over Dorado and…
-
17Jun0 comments
Pickerill platform decommissioning continues with topside removal
Decommissioning work on the Perenco UK Ltd.’s unmanned Pickerill platform in UKCS Block 48/11 continues as skidding operations for the…
-
17Jun0 comments
3D Oil completes offshore Otway basin farmout to ConocoPhillips
3D Oil Ltd. has closed its farmout of 80% of Tasmanian offshore Otway basin permit T/49P to ConocoPhillips following approval…
-
16Jun0 comments
Balder extension plan on track as FPSO heads for Stavanger for upgrade
Var Energi is progressing its plan to increase oil recovery from North Sea Balder field as the Jotun A FPSO…
-
16Jun0 comments
BP to write down up to $17.5 billion in second quarter, lowers oil price expectations to 2050
BP reported plans to write down the value of its assets by $13-17.5 billion, or as much as 6% of…
-
16Jun0 comments
US fracturing slowdown led to DUC wells pile up
The slowdown in US hydraulic fracturing activity brought on by the COVID-19 pandemic-driven downturn has caused an inventory increase of…