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GeoPark Appoints Felipe Bayon as Chief Executive Officer
May 27, 2025
GeoPark Limited has appointed Felipe Bayon as its new chief executive officer and a member of the board of directors, effective June 1, 2025. This appointment follows the decision of Andrés Ocampo to step down for personal reasons. “On behalf
Freeport LNG Restores Service to Its Third LNG Storage Tank at Quintana Island, Texas
May 22, 2025
Freeport LNG said the third of the company’s three LNG storage tanks has been returned to service with the approval of the Pipeline and Hazardous Materials Safety Administration and the Federal Energy Regulatory Commission. The storage tank had been offline
DOI Releases Assessment of Undiscovered Oil and Gas Resources in Southwestern Wyoming
May 22, 2025
The Department of the Interior has released of a new U.S. Geological Survey assessment identifying significant undiscovered, technically recoverable oil and gas resources in the Mowry Composite Total Petroleum System. Spanning parts of Wyoming, Colorado, and Utah, the assessment estimates
Nippon Steel Raises Bid to $14 Billion, Pledges New Mill in U.S. Steel Deal
May 22, 2025
Nippon Steel plans to invest $14 billion in U.S. Steel’s operations including up to $4 billion in a new steel mill if the Trump administration green lights its bid for the iconic U.S. company, according to a document and three
Black Stone Minerals Enters New Development Agreement with Revenant Energy, Amends Aethon Agreement
May 20, 2025
Black Stone Minerals (BSM) has entered into a development agreement with Revenant Energy with respect to the partnership’s expanded Shelby Trough Haynesville and Bossier acreage, primarily located in Angelina, Nacogdoches, and San Augustine counties in Texas. Separately, the partnership has
Halliburton Launches EarthStar® 3DX Horizontal Look-ahead Resistivity Service
May 20, 2025
Halliburton has launched the EarthStar® 3DX, the industry’s first 3D horizontal look-ahead resistivity service. The technology provides operators with geological insights into horizontal wells up to 50 ft before penetration by the bit. The capability to gather real-time data allows
Shell Completes Acquisition of Working Interest in Ursa Platform, Gulf of America
May 19, 2025
Shell Offshore and Shell Pipeline Company (SPLC) have completed the acquisition in their stake in the Ursa platform in the Gulf of America from 45.3884 percent to 61.3484 percent. This acquisition is part of Shell’s strategy to invest in profitable
Enterprise Group Signs Agreement to Acquire FlexEnergy Solutions’ Canadian Operations
May 19, 2025
Enterprise Group has signed a purchase and sale agreement to acquire Flex Leasing Power and Service (FlexEnergy Canada) from Flex Leasing Power and Service for a purchase price of $14.3 million (CAD$20 million). Enterprise and FlexEnergy USA are finalizing the
U.S. Energy Development Corporation Expands Permian Footprint Acquiring $390 Million Asset
May 16, 2025
U.S. Energy Development Corporation (USEDC) has acquired ~20,000 net acres in Reeves and Ward Counties, Texas. The position includes a substantial proved producing component and multi-year drilling inventory to supplement the firm’s existing footprint in the area. This landmark transaction
New ConocoPhillips Deal Marks Rising Phoenix Capital’s Continued Push into Texas’ Midland Basin
May 16, 2025
Rising Phoenix Capital has made a strategic purchase of mineral interests in Ector and Midland Counties, Texas, operated by ConocoPhillips. This purchase strengthens the firm’s growing position in the core of the Midland Basin, widely regarded as one of the
