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  • 01
    Jul
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    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.

    July 01, 2020 in Uncategorized | Read more »
  • 01
    Jul
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    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…

    July 01, 2020 in Uncategorized | Read more »
  • 30
    Jun
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    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…

    June 30, 2020 in Uncategorized | Read more »
  • 30
    Jun
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    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…

    June 30, 2020 in Uncategorized | Read more »
  • 30
    Jun
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    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…

    June 30, 2020 in Uncategorized | Read more »
  • 26
    Jun
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    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%…

    June 26, 2020 in Uncategorized | Read more »
  • 25
    Jun
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    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…

    June 25, 2020 in Uncategorized | Read more »
  • 24
    Jun
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    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…

    June 24, 2020 in Uncategorized | Read more »
  • 23
    Jun
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    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…

    June 23, 2020 in Uncategorized | Read more »
  • 23
    Jun
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    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.

    June 23, 2020 in Uncategorized | Read more »
  • 20
    Jun
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    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…

    June 20, 2020 in Uncategorized | Read more »
  • 20
    Jun
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    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…

    June 20, 2020 in Uncategorized | Read more »
  • 19
    Jun
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    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.

    June 19, 2020 in Uncategorized | Read more »
  • 18
    Jun
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    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…

    June 18, 2020 in Uncategorized | Read more »
  • 18
    Jun
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    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…

    June 18, 2020 in Uncategorized | Read more »
  • 17
    Jun
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    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…

    June 17, 2020 in Uncategorized | Read more »
  • 17
    Jun
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    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…

    June 17, 2020 in Uncategorized | Read more »
  • 16
    Jun
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    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…

    June 16, 2020 in Uncategorized | Read more »
  • 16
    Jun
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    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…

    June 16, 2020 in Uncategorized | Read more »
  • 16
    Jun
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    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…

    June 16, 2020 in Uncategorized | Read more »
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