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Aker BP Sets Goal of 70% Growth in Oil, Gas Output By 2028

2021-02-04 15:12:01| OGI

Capital spending will increase to $2.2 billion-$2.3 billion from $1.7 billion in 2020, taking advantage of tax incentives, the company said.

Tags: by growth sets goal

 

CNOOC Plans to Expand Offshore Gas, Unconventional Resources

2021-02-04 15:05:05| OGI

The company plans capital spending this year of 90-100 billion yuan ($13.93-$15.48 billion), the highest since 2014.

Tags: resources plans expand gas

 
 

On the Market Oil and Gas Quicklist (Week of Feb. 3, 2021)

2021-02-03 19:00:00| OGI

Heres a quicklist of oil and gas assets on the market including certain East Texas properties from Sabine Oil & Gas plus a U.S. Gulf of Mexico well package offshore Louisiana operated by BHP.

Tags: feb week market gas

 

PATH FORWARD: Future of Oil and Gas Investments Under Bidens Climate Policy

2021-02-03 10:00:00| OGI

U.S. needs substantial investments in production to maintain current oil consumption, says Paul Goydan, Houston-based head of Boston Consulting Groups North American energy practice.

Tags: policy future forward gas

 

Contango Oil & Gas Closes $58 Million Silvertip Acquisition

2021-02-02 21:00:00| OGI

The acquisition adds about 7,500 boe/d (55% liquids) of production to Contango Oil & Gas portfolio in the Big Horn, Permian and Powder River basins, where the company already has existing operations.

Tags: million gas oil acquisition

 

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