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19 Jan 21
US: Pantheon Resources acquires remaining 10.8 percent working interest in the Talitha Unit
Pantheon Resources has reached agreement with Otto Energy Alaska, a 100% subsidiary of Otto Energy, to acquire its 100% ownership of Borealis Alaska, which owns a 10.8% working interest in each of the 16 leases in the 44,463 acre Talitha Unit, Alaska North Slope.
18 Jan 21
US: ExxonMobil issues statement on Wall Street Journal report
ExxonMobil has issued a statement in response to a report in the Wall Street Journal on Jan 15 regarding the valuation of assets in the Permian Basin.
18 Jan 21
US: Mosman Oil and Gas completes Welch sale
AIM-listed Mosman Oil and Gas has confirmed the completion of the sale of the Welch Project, in Texas, for US$420,000.
18 Jan 21
US: ENGIE North America adds nearly 2 GW of Renewable Energy in the U.S. in 2020
ENGIE North America has added nearly 2 GW of renewable energy to the U.S. in 2020, as part of ENGIE's commitment to deliver 9 GW of renewable energy capacity globally between 2019 and 2021.
18 Jan 21
US: Halliburton delivers first successful grid-powered fracturing operation
Halliburton has successfully deployed the industry’s first electric grid-powered fracturing operation. The job, being performed on several pads for Cimarex Energy in the Permian basin, started in November. To date, Halliburton has completed almost 340 stages across multiple wells using utility-powered electric frac pumps that demonstrated consistent superior performance.
18 Jan 21
US: The share of gas flared in the Permian has fallen to its lowest level of the Shale era
The share of gross gas output that is flared at the wellhead in the US’ prolific Permian Basin has plummeted to a modern Shale-era record low, a Rystad Energy report shows, with an analysis of preliminary data suggesting only 1.6% of the basin’s gas production was flared in the fourth quarter of 2020.

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