Exxon Mobil subsidiary XTO Energy has agreed to sell oil and gas assets in the Freestone Trend area of East Texas to the Houston-based oil company Hilcorp Energy
ConocoPhillips Reportedly Considering Merger Deal For Permian’s CrownRock
As merger-mania in the American shale patch continues to gain momentum, ConocoPhillips is now said to be considering an offer for Permian basin producer CrownRock LP, Reuters reports, citing unnamed sources.
EOG Oklahoma
EOG Resources Inc (EOG) is an independent upstream oil and gas company. The company, along with its subsidiaries, explores for, develops, and produces crude oil and natural gas. One of the areas of drilling and exploration for EOG id the Oklahoma Anadarko basin. EOG has drilled 34 wells in Oklahoma since 2019.
U.S. drilling rig day rates decline for fourth straight month
The U.S. composite rate has fallen $837 over the past four months from May’s record of $24,460. Even with the slide, the composite rate remains $2,112 higher YOY.
Custom Reports 350
Custom oil & gas reports
Howard Energy Partners 2nd Phase 61 Mile Expansion of South Texas Natural Gas Transportation System
Howard Energy Partners (HEP), through its joint venture, Dos Caminos, LLC (“Dos Caminos”), announced in 2022 plans to expand its capabilities to gather, treat and transport natural gas produced from the Austin Chalk and Eagle Ford shale plays in and around Webb County
Custom Reports 200
Custom oil & gas reports
Canada Rig Count Report Oct 23rd, 2023
Canada Rig Count Report Oct 23th, 2023 we are tracking 99 Oil & Gas Operators and 201 drilling rigs that spud wells last 30 days in Alberta, BC and Saskatchewan.
Tourmaline-Backed LNG Group Files for Environmental Permits
A group of Canada’s largest natural gas producers including Tourmaline Oil Corp. and Ovintiv Inc. is pushing forward with a gas-export project called Ksi Lisims LNG and has filed for environmental approval for the 12 million-metric-ton-a-year facility on the West Coast.
Chevron announces buy of Hess for $53 billion in new oil megadeal
Chevron Corporation (NYSE: CVX) announced today that it has entered into a definitive agreement with Hess Corporation (NYSE: HES) to acquire all of the outstanding shares of Hess in an all-stock transaction valued at $53 billion, or $171 per share based on Chevron’s closing price on October 20, 2023.
