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| Country | United States of America |
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Recent Articles
Search ArticlesBKV Acquires 117,000 Barnett Shale Acres, 65 MMcfe/d and Integrated Midstream and CCS Assets
This article is brought to you by: Inline Services, leaders in pipeline pigging products and pipeline pigging services The completed transaction adds more than 65 MMcfe/d of production, approximately 117,000 net acres, about 1,000 operated wells, a 180-MMcf/d gas plant and integrated gathering and carbon-capture infrastructure.
Wood Secures $200 Million, Five-Year Construction Services Contract With ExxonMobil PNG
Wood has been awarded a five-year, $200 million construction-services contract supporting ExxonMobil PNG’s operating PNG LNG Project, with work spanning gas conditioning, liquefaction, pipelines, well pads and flowlines. Published by Allstream Insiders Allstream Insiders Summary Wood has secured a new $200 million, five-year construction-services contract from ExxonMobil PNG in support of the ExxonMobil PNG-operated PNG LNG Project.
Seadrill Adds Approximately $200 Million in Offshore Rig Backlog Across Three Contracts
Allstream Insiders Summary Seadrill has added approximately $200 million to its contract backlog through three offshore drilling awards and extensions announced after the company’s May 2026 fleet-status report. The commercial activity covers two drillships and one semisubmersible working or scheduled to work in the U.S. Gulf and Malaysia.
White House Announces Venezuela Oil Agreement Covering 17 Fields and Up to $100 Billion of Planned Infrastructure
The White House says North American Blue Energy Partners received 100-year concessions covering 17 Venezuelan oil fields and plans to invest up to $100 billion in new oil infrastructure, but the government has not identified the fields or published a project-by-project execution schedule.
Diversified Energy to Acquire Birch for $1.8 Billion, Adding 68,000 boe/d and Permian Infrastructure
The proposed transaction would add approximately 68,000 boe/d, 46,000 net Permian acres and an integrated network of production, gathering and water infrastructure. Published by Allstream Insiders Allstream Insiders Summary Diversified Energy Company has signed definitive agreements to acquire Birch Permian Holdings, Inc. and affiliated companies for a gross purchase price of approximately $1.8 billion.
Shell Reaches FID on Three-Well Phase 12a Deepwater Gas Development Offshore Egypt
The sanctioned development will add three deepwater gas wells tied into existing West Delta Deep Marine subsea infrastructure, with first production targeted for 2028. Published by Allstream Insiders Allstream Insiders Summary Shell subsidiary BG Delta Limited and its project partners have reached a final investment decision on Phase 12a in Egypt’s West Delta Deep Marine concession.
Weatherford Shareholders Approve Move of Parent Company to Delaware, Targeting Fourth-Quarter 2026 Completion
This article is brought to you by: Tuboscope, leaders in high performance internal coatings built to protect tubulars in harsh operating environments The oilfield-services company expects the proposed change in the legal domicile of its ultimate parent company from Ireland to Delaware to take effect during the fourth quarter of 2026, subject to final Irish High Court approval and other closing conditions.
Understanding TCEQ’s Aboveground Storage Vessel Safety Program – Insights from Altamira
The Texas Commission on Environmental Quality (TCEQ) established the Aboveground Storage Vessel Safety – ASVS Program under 30 Texas Administrative Code (TAC) Chapter 338. The program implements Senate Bill 900 (87th Texas Legislature), which amended the Texas Water Code and directed TCEQ to establish safety requirements for certain aboveground storage vessels.
Comstock Signs $1.65 Billion SOCAR Letter of Intent and Launches $450 Million Haynesville Drilling Venture
This article is brought to you by: Tuboscope, leaders in high performance internal coatings built to protect tubulars in harsh operating environments The proposed SOCAR transaction covers interests in Comstock’s Legacy and Western Haynesville assets and Pinnacle Gas Services, while a separate Jones family venture will fund most of the drilling and completion costs for 27 wells.
Sage Advances EGS Scale-Up with South Texas SMECI Operations and Chiyoda Facilities Study
This article is brought to you by: Tuboscope, leaders in high performance internal coatings built to protect tubulars in harsh operating environments Allstream Insiders Summary Sage Geosystems has placed its SMECI enhanced-geothermal facility in South Texas in service and, one week later, signed a memorandum of understanding with Chiyoda Corporation for a commercial-scale surface-facilities feasibility study.