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YPF leans into Vaca Muerta as shale becomes the growth engine
YPF is accelerating its shift toward shale as it positions Vaca Muerta as the core driver of Argentina’s production growth, margin expansion, and long-term cash flow potential. The…
Parex Advances Llanos Foothills Exploration Alliance with Ecopetrol
Parex and strategic partner Ecopetrol provided an update on their Llanos Foothills exploration program, noting that a full strategic alliance has effectively been achieved and that key Foothills…
The Permian Play: How ExxonMobil Is Rewriting the Shale Narrative
In the heart of the Permian Basin, where the shale revolution was born and many say it may soon peak, ExxonMobil is telling a very different story—one that…
Silverbow Resources Touts New "Dorado Play" in Webb County, TX
SilverBow Resources Inc. announced the addition of a new acreage block in the Dorado play of Webb County, Texas. Through a series of transactions, including bolt-on acquisitions, leasing…
APA Corp. Strikes Oil Offshore Suriname at Baja-1 Well; Dry Hole at Block 58
APA Corp. announced an oil discovery offshore Suriname at Baja-1 in Block 53 and provided an update on recent drilling operations at Dikkop-1 in Block 58. Baja-1 was…
Alaska News
BP, Hilcorp Renegotiate $5.6B Deal for Alaskan Assets
BP plc has reaffirmed its plan for completing the sale of its Alaska business to Hilcorp Energy Co., first announced in August 2019. The parties have renegotiated the…
Conoco Keeping Spending Flat for 2019 Based on $40+ WTI; Eyes 8% Production Growth
ConocoPhillips has detailed its 2019 capital budget and operating plan. Spending will be relatively flat from 2018 at $6.1 billion. Key highlights are: - Planned 2019 capital expenditures…
Conoco's Q1 Production Flat from 4Q17; Touts Entry into Austin Chalk
ConocoPhillips reported its Q1 2018 results including Eagle Ford shale, Bakken shale, Delaware Basin, Alaska drilling and production activity as well as acquisitions in the Canada Montney and…
State of Alaska, Conoco Join Forces for Alaskan LNG Marketing
The JV will facilitate marketing LNG from the Alaska LNG project to global LNG markets and acquire North Slope gas, with the goal of bringing LNG buyers and…