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21 May 26 |
US: Devon Energy enhances Permian inventory in Federal Lease Sale Devon Energy Corporation has announced the successful acquisition of 16,300 net undeveloped acres in the core of the Delaware Basin in Lea and Eddy Counties, New Mexico, for approx. $2.6 billion, or approx, $161,500 per net acre, through the Bureau of Land Management ('BLM') Oil and Gas Lease Sale. This acquisition bolsters the premier Delaware Basin positions in the industry, extends inventory life, and is accretive to net asset value per share. |
21 May 26 |
US: Department of the Interior oil and gas lease sale in New Mexico and Texas generates over $4 billion The Department of the Interior generated over $4 billion in total receipts from a Bureau of Land Management oil and gas lease sale in New Mexico and Texas, underscoring strong industry demand for domestic energy development on public lands. The Bureau of Land Management leased 74 parcels totaling 33,530 acres during the quarterly lease sale. |
21 May 26 |
GoM: Shell’s Mars platform reaches historic 1 billion barrel milestone in Gulf of America Shell’s Mars platform in the Gulf of America has reached a historic milestone, becoming the first offshore asset in the United States to produce one billion barrels of oil over its lifetime. Mars revolutionized the deep-water industry when it came online three decades ago and continues to play a pivotal role in strengthening energy security for both Louisiana and the nation. |
21 May 26 |
US: Zephyr Energy announces further divestment of undeveloped acreage Zephyr Energy has announced a further divestment of undeveloped non-core acreage in two separate transactions generating aggregate gross proceeds of US$2.275 million. The 1,837 acres being divested are located in the Powder River Basin in Wyoming, U.S. |
21 May 26 |
Argentina: Archer secures contract extensions adding $130 million in contract backlog Archer has announced the extension of an existing drilling contract in Vaca Muerta, Argentina. The contract has a total estimated value of $130 million, including a firm period extending through October 2028, with an additional two-year optional period through October 2030. |
20 May 26 |
US: Vestas adds 673 MW to Q2 order intake Vestas has received orders for 673 MW in the USA for undisclosed projects. |
20 May 26 |
Falklands: Rockhopper comments on Navitas Petroleum's update on Sea Lion development progress AIM-listed Rockhopper Exploration, the oil and gas company with key interests in the North Falkland Basin ('NFB'), notes the recent update published by Navitas Petroleum (Operator) on Sea Lion development progress. |
20 May 26 |
US: South Prudhoe Augusta-1 exploration well targets large-scale stacked resource 88 Energy has provided an update on its recently consolidated South Prudhoe acreage position on Alaska's North Slope (100% working interest, 16.7% royalty). The South Prudhoe lease position covers approx. 52,269 acres within one of the most prolific hydrocarbon fairways on the North Slope, immediately south of the Prudhoe Bay Unit and Kuparuk River Unit. |
