US upstream news
Murphy Oil exits Malaysia
The company has sold its Malaysian assets to a subsidiary of PTT Exploration and Production Public Company Ltd.
Gulf of Mexico lease sale yields US$244 million in bids
A total of 30 companies participated in Lease Sale 252, covering a 1.2 million acre area of federal waters in the Gulf of Mexico.
Drillinginfo acquires Midland Map Company
With nearly 70 years in mapmaking in America’s most prolific oilfield, Midland Map offers current and historical intelligence on Lease and Ownership, Producing Zones, Wildcat Maps, Base Maps, and various other maps found nowhere else on earth.
NACE International and SSPC explore unified efforts on behalf of stakeholders
The discussions were initiated by the board officers of each organisation who recognise the complementary nature of each respective organisation’s mission, products, and services.
4Subsea acquires Astori
Astori's automation and control technology ties into 4Subsea’s portfolio of critical decision support solutions for operators.
GlobalData: Recent production revival and potential for further development makes Eagle Ford shale a promising prospect
During 2018 Eagle Ford re-emerged as one of the lucrative destinations for oil and gas companies, according to GlobalData.
Vallourec selected by PTTEP to deliver OCTGs for a challenging offshore project in Myanmar
PTTEP, Thailand's national oil exploration & production company, awarded Vallourec the contract to deliver over 3000 t of OCTG for its Myanmar M9 West exploration well.
Equinor: Extending life of eight installations
Equinor has received the authorities’ approval for extending the life of eight installations on the Norwegian continental shelf (NCS) during the last three years.
Interior proposes region-wide oil and gas lease sale 253 for Gulf of Mexico
In support of President Donald J. Trump’s America-First Offshore Energy Strategy, it has been announced that BOEM proposes to offer 78 million acres for a region-wide lease sale scheduled for August 2019.
GlobalData: Raised forecast adds to improved outlook for UK upstream production
Following the latest forecast from the UK Oil and Gas Authority (OGA) for the UK’s offshore sector, Jonathan Markham, Senior Upstream Oil & Gas Analyst at GlobalData, offers his insight on the future of the UK’s upstream sector.