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US Gulf of Mexico Lease Sale 249: Operators take a deep breath and look around infrastructure
The US Gulf of Mexico region-wide Lease Sale 249 was held on 16 August 2017. It attracted 99 bids from 27 participating companies, with high bids t...
US Gulf of Mexico: 2021 in review
2021 marked a return to the growth trajectory in the US GoM which was put on pause due to the crash in 2020. Production rebounded to pre-pandemic l...
US Independents: "stay-flat" cash flow framework
The strategic imperative for US E&Ps remains to deliver cash to shareholders through the cycle. A majority of US independents do still need to de-l...
Why explorers should worry about M&A
The exploration industry should be worried about the weak state of the upstream asset market. Buyers want advantaged resources but many sellers are...
Will responsibly sourced gas shift from differentiator to necessity?
Investor pressure to improve environmental performance, primarily through emissions reduction, continues to intensify for oil and gas companies. In...
WPX builds Permian Delaware position with US$775 million deal
On 12 January 2017, WPX announced the acquisition of Delaware Permian assets from Panther Energy and Carrier Energy for US$775 million. The deal in...
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