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26 Jul 26 |
US: Vitol sells VTX Energy Partners to Verde Operating Company Vitol has agreed to sell its US upstream company, VTX Energy Partners, to Verde Operating Company, for an undisclosed sum. VTX is a successful operation, producing 60,000 barrels of oil equivalent a day in the southern Delaware Basin, spanning Reeves and Pecos counties, Texas. |
26 Jul 26 |
Brazil: Petrobras' P-33 truck has left the Port of Açu for sustainable disposal. The P-33 platform began sailing July 23rd towards the Rio Grande shipyard, where it will undergo a sustainable recycling process. By 2030, Petrobras' Strategic Plan foresees the decommissioning of 18 platforms , including seven fixed platforms and 11 floating units. |
23 Jul 26 |
US: Matador Resources Company announces strategic Delaware Basin acquisitions and successful Woodford exploration well results Matador Resources Company has announced two of its catalysts for this year. First, a wholly-owned subsidiary of Matador has entered into a definitive agreement to acquire Paloma Permian LLC, a portfolio company of EnCap Investments, and secondly, Matador agreed to acquire primarily undeveloped acreage in what it believes to be the heart of the Woodford play in West Texas and Southeast New Mexico from Ridge Runner Resources. |
