EOG Resources Inc. unveiled an upgraded strategy for its drilling inventory on Feb. 26, saying it plans to chase wells that deliver at least a 60% economic rate of return — double the threshold for wells in the past.
Suncor capital program $3.2 – $3.4 billion which addresses planned maintenance, tailings optimizations growth initiatives, Base Plant Cogeneration, Forty Mile power project, Terra Nova Asset Life Extension and In Situ well pads.
Cenovus Energy sells Tucker Lake for $800M
Onshore gas flaring in the US nosedived in the third quarter of 2021, falling to its lowest level since at least 2012
Energy-focused investment firm has merged Advance Energy Partners and Ameredev II LLC, which both operate in the Delaware portion of the Permian
ConocoPhillips on Monday announced several updates that highlight the company’s differentiated value proposition including more than $7 billion in 2022 capital expenditures.
BCE-Mach is acquiring additional working interest across 61 wells it operates in Kingfisher County, Oklahoma.
Meg Energy 2022 capital spending budget is set at $375 million, about $40 million higher than projections for the current year.
Cenovus Energy set a capital spending budget of $2.6 to $3.0 billion next year, about half of which will be spent on its oil sands assets. The 2022 budget is about $300 million higher than this year’s forecast.
Exxon pledged to end routine flaring by the end of 2022, electrify operations in New Mexico and Texas and increase monitoring for methane releases while upgrading equipment to avoid emissions.
