US upstream news
Williams and Beacon sign export agreement for Shenandoah development
Facilities to be installed include a five-mile offshore lateral pipeline build from the Shenandoah platform in the Gulf of Mexico to Discovery’s existing Keathley Canyon Connector pipeline, and additional onshore processing facilities to handle the expected natural gas production.
McDermott to carry out marine installation work for BHP in Gulf of Mexico
McDermott will provide installation services at the Shenzi Subsea Multiphase Pumping Project, located at a water depth of 4400 ft.
EIA reports record oil and gas production in New Mexico
New Mexico's record production in March was a result of both new wells coming online for the first time and existing wells coming back online after being shut in during the cold snap.
Occidental sells Permian Basin acreage to Colgate Energy Partners affiliate
The US$508 million transaction includes approximately 25 000 net acres in the Southern Delaware Basin in Texas.
Wood Mackenzie: events of 26 May 'defining moment' for oil and gas industry
Wood Mackenzie’s Ed Crooks has commented on the issues facing Big Oil as investor pressure and court challenges over climate change grow.
Valaris awarded Gulf of Mexico drillship contract
The contract with Chevron is for the ultra-deepwater drillship Valaris Relentless (DS-18), a GustoMSC P10,000 design.
Independence Energy and Contango Oil & Gas to merge
The new company is expected to produce 108 000 to 114 000 boe/d in 2022, with adjusted core earnings between US$750 million and US$800 million.
Allison Transmission launches hydraulic fracturing transmission
Based on current market demand, the FracTran will be launched with a rating of 3300 horsepower and 10 000 lb.-ft. of input torque.
Transocean reschedules delivery of ultra-deepwater drillships
The company has reached an agreement with Jurong Shipyard Pte Ltd on the delayed delivery of the ultra-deepwater drillships Deepwater Atlas and Deepwater Titan.
Talos Energy makes oil discovery in Gulf of Mexico
Talos Energy has said that it expects the Tornado Attic well to produce approximately 8000 - 10 000 boe/d gross (approximately 80% oil) once online.