- Joe Barone, Shale Directories
- Blog
- March 23, 2022
Coterra Pioneers New Way to Predict Natural Gas Reserves
Coterra Pioneers New Way to Predict Natural Gas Reserves Josie SchultzCoterra Energy … … [Editor’s Note: Coterra Energy is working with a team of experts to develop and use new methods of predicting oil and natural gas reserves; yet another industry innovation.]- Joe Barone, Shale Directories
- Blog
- June 5, 2020
Denmark should ditch O&G exploration: report
Denmark’s energy ministry has been advised to cancel the country’s 8th oil and gas licensing round, in order to maintain its position as a climate-leading country, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- January 27, 2020
Oil patch bankruptcies soar in 2019: Haynes and Boone
If you thought 2019 seemed much like 2016 in terms of tough times in the oil patch, leading to bankruptcy filings, you’re dead on.XOM says banning fracking will aid foreign producers
Banning hydraulic fracturing in the U.S. will aid foreign oil producers at the expense of the American economy, an ExxonMobil (XOM) executive said Friday.- Joe Barone, Shale Directories
- Blog
- October 3, 2019
ConocoPhillips completes $2.7B sale of UK E&P units
ConocoPhillips this week completed its previously announced transaction to sell two ConocoPhillips UK subsidiaries to private equity-backed Chrysaor E&P Ltd. for $2.68 billion, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- September 4, 2019
Angola launches offshore bidding round
Angola’s National Agency for Petroleum, Gas and Biofuels (Anpg) on Tuesday launched its 2019 licensing round at a presentation in the capital city of Luanda, Kallanish Energy learns.- Joe Barone, Shale Directories
- Blog
- August 22, 2019
Wood to sell nuclear business for $302M to cut debt
Wood Plc has agreed to sell its nuclear business for 250 million pounds ($302 million), as it cuts debt associated with the 2017 acquisition of Amec Foster Wheeler and a prolonged oil-price slump, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- July 24, 2019
Qatar Petroleum enters blocks offshore Kenya
State-owned oil firm Qatar Petroleum announced Tuesday the acquisition of interests in three blocks in offshore Kenya, Kallanish Energy reports. The L11A, L11B and L12 blocks are located in the Lamu Basin, in the eastern part of the country, covering 5,790 square miles in water depths between 3,280 feet and 9,840 feet in the Indian Ocean.- Joe Barone, Shale Directories
- Blog
- July 4, 2019
Africa Oil in South African block farmout
Canadian firm African Oil announced Wednesday a farmout agreement with Namibian company Azinam Ltd. to acquire interests in a block offshore South Africa, Kallanish Energy learns.- Joe Barone, Shale Directories
- Blog
- June 27, 2019
E&Ps’ shareholder-friendly activities causing problems: Moody’s
North American exploration and production (E&P) companies’ financial leverage has improved since the 2014-16 oil price slump, but further deleveraging will be difficult through 2020, Moody’s Investors Service says.- Joe Barone, Shale Directories
- Blog
- June 21, 2019
Development Capital forms $165M JV in the Permian
Development Capital Resources (Dcr) said this week a company unit, capitalized by funds managed by affiliates of Ares Management, has entered into a drilling and development joint venture with a private operator in the Permian Basin, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- June 7, 2019
Gazprom Neft signs with Novatek, Shell
Russia’s third largest oil producer, Gazprom Neft, Thursday revealed three joint ventures to develop hydrocarbon projects in Russia, Kallanish Energy learns.- Joe Barone, Shale Directories
- Blog
- May 17, 2019
South Dakota sues Texas O&G company for $15.5M
The state of South Dakota is suing a privately-held Texas-based exploration and production company for $15.5 million for abandoning 40 natural gas wells in Harding County, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- February 26, 2019
Marathon signs pact to sell U.K. businesses for $140M
Marathon Oil said Monday the company has entered into a share purchase agreement through its subsidiaries for the sale of its U.K.- Joe Barone, Shale Directories
- Blog
- February 26, 2019