US upstream news

In its latest report, ‘Key Upstream M&A Deals in 2021’, the data and analytics company reveals that the total number of deals in the US upstream sector grew from 388 in 2020 to 420 in 2021.

The combined company will be named Noble Corp., and will be headquartered in Houston, Texas.

Reliance Industries has divested its interest in upstream assets in the Eagle Ford shale play in Texas.

CNOOC EnerTech will a number of critical pre-drilling permitting and logistical requirements for the LH 17-2-1 exploration well at the Jade prospect on Block 29/11, offshore China, due to be spudded in December 2021.

Comstock will use the MiQ Standard, a framework that assesses and grades methane emissions intensity, enhanced monitoring technology deployment and operating practices that promote a culture of emissions management and continuous improvement, for its facilities in North Louisiana and East Texas.

Ownership of the Noble Roger Lewis, Noble Scott Marks, Noble Joe Knight and Noble Johnny Whitstine as well as employment of the crews has been transferred to a subsidiary of ADES International Holding Ltd.

Nabors will be the preferred drilling contractor for Chesapeake across its unconventional oil and natural gas assets in the US.

Halliburton posted net income attributable to the company of US$236 million, or 26 cents per share, in the 3 months ended 30 September, compared with a loss of US$17 million, or 2 cents per share, last year.

The new technology, operations and commercial Black Hills site has more than 5000 ft2 of office and networking space, a 3500 ft2 laboratory and an 80 000 ft2 production area.

The Nabors Industries rig reached total depth on a horizontal well for ExxonMobil in the Permian Basin.