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HomeExploration and Production

Exploration and Production

Exploration and Production

BP to relaunch sale of UK North Sea assets

January 7, 2021 Mariel Alumit

LONDON (Reuters) – BP has relauched the sale of stakes in a number of North Sea oilfields it agreed to sell to Premier Oil before the beleaguered company was taken over last year, industry sources […]

Energy Stocks could see 15 percent uptick in 2021 - Energy News Beat
Exploration and Production

Wyoming tribes plan to maintain control of their own oil, gas production

January 7, 2021 Mariel Alumit

(Wind River Reservation, WY) – The latest edition of the Northern Arapaho Newsletter released today, January 6th shared the Eastern Shoshone and Northern Arapaho Tribes agreed to let their lease with oil and gas company, Merit, […]

Exploration and Production

EQT expands 2021 hedging program, bracing for NG downside

January 6, 2021 Mariel Alumit

Denver, S/P Platts — Appalachia’s largest gas producer EQT is wading cautiously into the 2021 gas market, saying recently that it has already hedged approximately 80% of its annual production in a strategy to protect […]

ENB Pub Note

Colorado Operators prep for Jan 15th when SB 181 regulations begin – Sandstone Research

January 5, 2021 Mariel Alumit

ENB Publishers Note: This is an article I wrote regarding some consulting work I have worked on over the last 6 months regarding the incoming changing rules as it pertains to Colorado. ____ (Sandstone Group) One […]

Exploration and Production

Range Announces Cash Tender for Up to $500 Million

January 5, 2021 Mariel Alumit

ENB Publishers Note: Interesting to see if they get the $500mm, will be a sign of how hedge funds view natural gas moving into 2021.  Follow out daily YouTube show for more coverage. _________ FORT WORTH, […]

ENB Pub Note

Southwestern Energy Issues Statement on Untimely Passing of Julian Bott

January 5, 2021 Mariel Alumit

ENB Publishers Note: The entire Sandstone and Energy News Beat team is sadden by this sudden loss and thoughts and prayers are with Mr. Bott’s family ____ SPRING, Texas–(BUSINESS WIRE)–Southwestern Energy Company (NYSE: SWN) today […]

ENB Pub Note

Apache Corp Announces Creation of Holding Company Structure – to be Named APA Corporation

January 4, 2021 Mariel Alumit

ENB Publisher Note: Interesting move on APA, could it be to protect Suriname (prized offshore in Guyana) in an evetunal Chap 11 of the new structure APA (which holds US onshore assets and riddled with 8.93B […]

Exploration and Production

EOG Resources Promotes Ezra Yacob to President

January 4, 2021 Mariel Alumit

HOUSTON, Jan. 4, 2021 /PRNewswire/ — EOG Resources, Inc. (EOG) today announced that its Board of Directors has promoted Ezra Y. Yacob to President of EOG effective immediately. Since December 2017, Yacob has held the position of Executive Vice President, Exploration and […]

Total - Energy News Beat
Exploration and Production

Total enters a new operated exploration permit in Egypt

January 4, 2021 Stu Turley

An international consortium led by Total (Total 35% Operator, Shell 30%, KUFPEC 25%, Tharwa 10%) and the Egyptian Natural Gas Holding company (EGAS) have signed an exploration and production agreement for the North Ras Kanayis […]

Exploration and Production

Schlumberger/Liberty OFS deal closes, LBRT adds two new board members

January 4, 2021 Mariel Alumit

DENVER & HOUSTON–(BUSINESS WIRE)– Liberty Oilfield Services Inc. (NYSE: LBRT) and Schlumberger (NYSE: SLB) announced today the completion of the contribution of Schlumberger’s onshore hydraulic fracturing business in the United States and Canada (“OneStim®”) to Liberty on […]

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