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Upstream oil and gas reports
England set to restart fracturing after a five-year hiatus
North Yorkshire County Council has given the go ahead to UK independent Third Energy to hydraulically fracture the KM-8 well. This landmark plannin...
South China Sea flare-up bodes ill for oil and gas operators
The recent diplomatic clash between China and Vietnam over deep-water drilling in the South China Sea has important implications for oil and gas co...
US federal court throws cold water on the leasing "pause"
On 15 June 2021, a US federal court ordered an injunction, reversing the "pause" on new oil and gas lease sales implemented by the Biden administra...
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 Lease Sale 261: closing the curtain on the current leasing plan
The US Gulf of Mexico region-wide Lease Sale 261 was held on 20 December 2023 and attracted 352 bids from 26 participating companies. The high bid ...
US Lower 48: 2022 in review
Despite major macro shifts, the responses from US E&Ps have been muted. In a year of high commodity pricing, E&Ps focused on capital discipline and...
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