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Upstream oil and gas reports
US Upstream week in brief: Weatherford-cast? More OFS consolidation
Schlumberger and Weatherford jointly create OneStim. The new company may prove a serious competitive threat to Halliburton in the North America com...
Upstream oil and gas: record cash flows and peak uncertainty
The upstream oil and gas focus day examined the implications of record cash flows occurring at a time of peak uncertainty. Topics included capital ...
US GoM Lease Sale 257 moves ahead after legal battle
After an executive order in January that put a ‘pause’ on new leasing, and a court battle (still ongoing) between the federal and state governments...
US Lower 48 oil and gas supply: entering a new growth phase
The US Lower 48 enters a new growth phase in 2022. Oil supply growth resumes after two consecutive years of annual declines. Gas production also re...
Shell exits onshore Gabon with US$872m sale to Carlyle-backed Assala Energy
Shell sold its portfolio onshore Gabon to the Carlyle Group, through subsidiary company Assala Energy, for US$872 million. Assala will acquire Shel...
Shell picks up 30% in Cambo from Siccar Point
Private equity-backed Siccar Point Energy achieved a UK first: PE selling to a Major. PE has been buying from the Majors. However, in a role revers...
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