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More Deals - Licenses and Concessions News
Iraq Energy Cabinet, Schlumberger Ink $480MM Well Deal
Iraq's energy cabinet has awarded Schlumberger Ltd. a drilling contract worth ~$480 million, according to multiple reports. The agreement features the drilling of 96 oil wells in the…
Point Loma Awarded Drilling Licenses for Mannville Rex Area; Preps to Drill
Point Loma Resources has received two well licenses for the Leduc Rex (Upper Mannville) oil play in Alberta and intends to commence a two well drilling program shortly.…
Queensland Officials Award New Gas Exploration Licenses to Four Companies
Officials from the Australian province of Queensland have awarded new gas exploration licenses to several companies. Armour Energy, Chi Oil & Gas, Cypress Petroleum and Bridgeport Energy were…
Faroe Reports Commencement of North Sea Goanna Project
Faroe Petroleum has commenced drilling at its Goanna license in the Norwegian North Sea. The License is located in PL 881 offshore Norway. Faroe holds a 30% stake…
Statoil Expands Presence Offshore Suriname; Two New Exploration Licenses
Statoil has scored two additional offshore exploration licenses in Suriname's Guyana Basin. - Block 59: Statoil has been awarded 33.33% equity interest. ExxonMobil is the operator. Block 59…
International News
Harbour Energy Strikes $3.2B Deal to Buy LLOG, New Core Business
December 2025 — Harbour Energy plc has agreed to acquire 100% of LLOG Exploration Company LLC for $3.2 billion, marking a strategic entry into the deepwater U.S. Gulf…
Harbour Energy Enters U.S. Deepwater With $3.2B LLOG Acquisition
Harbour Energy has agreed to acquire LLOG Exploration Company LLC for $3.2 billion, marking Harbour’s strategic entry into the deepwater U.S. Gulf of America and establishing what it…
Touchstone Exploration, Inc., First Quarter 2023 Results
Touchstone Exploration, Inc., announced first quarter 2023 results. Highlights Produced quarterly average volumes of 2,139 boe/d, representing a 53 percent increase relative to the 1,396 boe/d produced in…
APA Corporation First Quarter 2023 Results
APA Corporation announced first quarter 2023 results. Highlights Reported production of 394,000 barrels of oil equivalent (BOE) per day; adjusted production, which excludes Egypt noncontrolling interest and tax…
Evolution Petroleum Corporation Fiscal Third Quarter 2023 Results
Evolution Petroleum Corporation announced fiscal third quarter 2023 results. Highlights Reported sequential growth in revenue of 9% to a record $36.9 million and in net income of 34%…
Offshore News
W&T Offshore, Inc., First Quarter 2023 Results
W&T Offshore, Inc., announced first quarter 2023 results. Highlights Reported first quarter 2023 production of 32.5 thousand barrels of oil equivalent per day ("MBoe/d") (56% liquids), or 2.9…
Talos Energy Inc. First Quarter 2023 Results
Talos Energy, Inc.announced first quarter 2023 results. Highlights Authorized a $100.0 million share repurchase program in March 2023 and repurchased 1.9 million shares through the end of the…
Kosmos Energy Ltd. First Quarter 2023 Results
Kosmos Energy Ltd. announced first quarter 2023 results. Highlights Net Production(2): ~58,800 barrels of oil equivalent per day (boepd), with sales of ~61,100 boepd Revenues: $394 million, or…
Marathon Oil Corporation First Quarter 2023 Results
Marathon Oil Corporation First Quarter 2023 Results Highlights Continued delivery against differentiated Return of Capital Framework, exceeding commitment to return at least 40% of adjusted CFO to shareholders…
Murphy Oil Corporation First Quarter 2023 Results
Murphy Oil Corporation announced first quarter 2023 results. Highlights Exceeded upper end of guidance range with production of 172.5 thousand barrels of oil equivalent per day (MBOEPD), including…