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Enerplus Sells Non-Strategic Interests in the Williston Basin for $115 Million
September 9, 2021
Enerplus Corporation has entered into a definitive agreement to sell its interests in the Sleeping Giant field (Montana) and Russian Creek area (North Dakota) in the Williston Basin for total consideration of $115 million. In addition, Enerplus will receive up
Court Orders Alaska Agency to Examine Hilcorp Pipeline Leak
September 9, 2021
Alaska regulators must probe a Hilcorp Energy Company pipeline that has repeatedly leaked natural gas into Cook Inlet, the state Supreme Court ruled on Friday. The court said the Alaska Oil and Gas Conservation Commission improperly rejected a petition for
Chevron and Caterpillar Enter Collaboration Agreement to Develop Hydrogen Demonstration Projects
September 9, 2021
Chevron U.S.A., a subsidiary of Chevron Corporation and Caterpillar entered into a collaboration agreement to develop hydrogen demonstration projects in transportation and stationary power applications, including prime power. The goal of the collaboration is to confirm the feasibility and performance
Oil Prices Climb on Slow Return of U.S. Supply After Hurricane Ida
September 8, 2021
Oil prices rose on Wednesday, paring overnight losses, with producers in the U.S. Gulf of Mexico struggling to restart operations nine days after Hurricane Ida swept through. U.S. West Texas Intermediate (WTI) crude futures rose 27 cents, or 0.4 percent,
Talos Energy Releases Comprehensive Update Regarding Bay Marchand Response in the Gulf Of Mexico
September 8, 2021
Talos Energy again clarified today that the company’s assets were not the source of an oil release in Bay Marchand Block 5, off the coast of Port Fourchon, Louisiana in the U.S. Gulf of Mexico. Talos has chosen to continue
Happy Labor Day Weekend
September 3, 2021
This weekend is the time to honor all the sacrifices made for work commitments, to salute all the efforts made to make things happen, and to remember all the energies put to best use. Stop and smell the barbecue. Relax
Occidental to Sell Permian Basin Acreage to Colgate Energy Partners for $508 Million
September 2, 2021
Occidental has entered into a definitive agreement to sell non-strategic acreage in the Permian Basin to an affiliate of Colgate Energy Partners for $508 million, subject to closing adjustments to reflect an April 1, 2021 effective date. The transaction, which
Oil Tankers Jam Off Louisiana Coast as Ports Assess Storm Damages
September 1, 2021
More than two dozen oil vessels were clustered off Louisiana seaports on Tuesday as the U.S. Coast Guard and port operators assessed damages wreaked by Hurricane Ida, according to sources and Refinitiv Eikon data. Dozens of ports from Louisiana to
Contango Completes Acquisition of ConocoPhillips’ Wind River Basin Assets for $67 Million, Wyoming
September 1, 2021
Contango Oil & Gas Company has successfully completed the acquisition of low decline, conventional gas assets in the Wind River Basin of Wyoming from ConocoPhillips. “We are excited to announce the closing of the acquisition of the Wind River Basin
U.S. House Democrat Proposes Repeal of Arctic Refuge Oil Lease
September 1, 2021
A Democratic lawmaker in the U.S. House of Representatives proposed infrastructure legislation on Tuesday that would end oil and gas leases in an Alaskan wildlife refuge while charging billions of dollars more in fees and royalties for offshore drilling elsewhere.
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