202 Views
in Upstream NewsExpand Energy adds Haynesville and Bradford County drilling inventory while maintaining a $2.75 billion to $2.95 billion 2026 capital program. More
303 Views
in Upstream NewsTransocean adds $292 million of firm offshore backlog across five rigs, while a conditional Equinor agreement could add $1 billion over seven rig-years. More
365 Views
in Upstream NewsOccidental details $3.1 billion of Permian activity within a $5.5-$5.9 billion capital plan while advancing STRATOS and Horn Mountain. More
783 Views
in Upstream NewsDiamondback directs $3.31 billion to operated drilling within a $3.9 billion Permian capital plan while advancing U-turn wells and chemical EOR testing. More
783 Views
in Upstream NewsTalos advances Monument drilling and Daenerys appraisal while contracting the West Vela drillship for a mid-2027 offshore drilling window. More
687 Views
in Downstream News, Upstream NewsExxonMobil advances the Uaru FPSO toward a fourth-quarter startup as its 120 KTA Louisiana Proxxima expansion reaches final investment decision. More
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in Upstream NewsTalos agreed to acquire operated Coulomb and non-operated Na Kika deepwater interests from Shell, subject to BP rights and a 2026 closing. More
781 Views
in Upstream Newsbp has started up its Atlantis Major Facility Expansion project in the US Gulf of America. Atlantis is located about 150 miles south of New Orleans and has been in production for nearly 20 years. The expansion project adds two new subsea water injection wells to help increase the pressure of targeted reservoirs, unlocking additional […] More
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in Upstream NewsNorth America’s largest natural gas producer will become leading gas marketer, reaching customers across key demand markets in the United States and Canada Transaction will accelerate Expand’s marketing and commercial ambitions, combining industry-leading natural gas supply with sophisticated and experienced asset-backed gas marketing capabilities Immediately accretive transaction, initially expected to contribute more than $200 million […] More
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in Upstream NewsDALLAS–(BUSINESS WIRE)–Jul. 23, 2026– Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) announced today two of its catalysts for this year. First, a wholly-owned subsidiary of Matador has entered into a definitive agreement to acquire Paloma Permian LLC (“Paloma”), a portfolio company of EnCap Investments L.P. (“EnCap”), including certain proved undeveloped acreage and oil and natural gas producing properties located […] More
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in Upstream NewsCompanies to pursue collaboration on U.S. domestic market shipbuilding opportunities, including ship block and module fabrication INGLESIDE, Texas – July 17, 2026 – HD Hyundai and Kiewit Offshore Services, Ltd. (KOS) today announced they have entered into a Strategic Partnership Agreement to pursue collaboration on shipbuilding projects serving the U.S. market and other areas of […] More
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in Upstream NewsSTEINHAUSEN, Switzerland, June 30, 2026 (GLOBE NEWSWIRE) — Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced its entry into an agreement with Equinor, conditional to license approvals, for the use of three of its harsh environment semisubmersible rigs on the Norwegian shelf. In aggregate, this agreement is worth over $1 billion in contract backlog over seven […] More
1k Views
in Upstream NewsOKLAHOMA CITY–(BUSINESS WIRE)– Gulfport Energy Corporation (NYSE: GPOR) (“Gulfport” or the “Company”) today announced the successful acquisition of approximately 4,700 net undeveloped acres in the core of the Ohio Utica in Belmont County, Ohio, through the Ohio Oil and Gas Land Management Commission State Land Lease Sale for a total purchase price of approximately $83.0 […] More
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in Upstream NewsJun 10, 2026 Key Takeaways Entered into an agreement to acquire Savant Alaska, LLC for upfront consideration, plus contingent payments tied to future development of APA’s Alaska position; Acquisition includes the 40,000 barrel-per-day Badami facility plus supporting field infrastructure, and the 80,000 barrel-per-day Nutaaq Pipeline providing access to the Trans-Alaska Pipeline System; Acquired infrastructure is […] More
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in Upstream NewsExpand Energy’s SW App team recently welcomed local emergency management agencies (EMAs) to our Wheeling office for a collaborative event focused on safety, preparedness and partnership. The gathering provided an opportunity for regional first responders and emergency officials to deepen their understanding of the company’s operations while aligning on emergency response practices. Attendees toured a […] More
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in Upstream NewsDALLAS–(BUSINESS WIRE)–May 21, 2026– Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) announces the successful bolt-on acquisition of 5,154 net undeveloped acres in the core of the Delaware Basin as part of the Bureau of Land Management (BLM) Oil and Gas Lease Sale this week. Joseph Wm. Foran, Matador’s Founder, Chairman and CEO, commented, “Matador is pleased to announce a $1.1 […] More
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in Upstream NewsMay 06, 2026 4:15 PM EDT Bolt-On to a Contiguous Operating Position that Contains Meaningful Identified Synergies and Potential Upside from Large Undeveloped Location Inventory Innovative Asset-Backed Securitization (ABS) with Carlyle to Fund Purchase through Newly Created Special Purpose Vehicle (SPV) without Diversified Equity Issuance Diversified Energy Company (NYSE: DEC, LSE: DEC) (“Diversified” or the […] More
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in Upstream NewsHOUSTON, April 13 ,2026 — Chevron Corporation (NYSE:CVX) announced today it has, through its subsidiaries with interests in Venezuela, agreed to an asset swap with Petroleos de Venezuela, S. A. (“PDVSA”) and subsidiaries of PDVSA in a mutually beneficial agreement which will consolidate all parties’ focus on strategic assets in the country. Under the agreement, […] More
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