Exclusives

A Barnett Shale case study demonstrated the value of estimating dynamic Biot’s coefficient from well logs using rock physics.

Leverage software to reduce risk, improve safety and add value.

Wood Mackenzie, wildcat wells, oil and gas, wells to watch, oil exploration, discoveries, Andrew Latham, Eni, Total, Hess Corp., Nexen, Equinor, Shell

Drilling successes in first-half 2018 continue to prove new plays, and there’s more to play for in the second half as explorers break more new ground.

Tullow Oil, exploration drilling, oil and gas drilling, oil and gas exploration, Namibia, Guyana, Suriname

The company has identified prospects offshore Guyana, Suriname, Namibia and Mauritania among others.

Portfolio Reinvention Drives Upstream M&A

M&A activity in the oil patch is about to heat up as long and short-term drivers, from positive commodity prices to lower cost metrics in deep water and investment in alternative energies, kick in.

Land & Leasing

Shell committed to the ambitious three-year sale plan following the decision to acquire BG Group in 2015 and the latest announcements bring its total asset sales to around $27 billion.

U.S. private equity firm Lone Star is betting on two large unconventional gas projects in China that Austrailia's Sino Gas & Energy is developing.

Harbour Energy was forced to bid against itself five times until it made a final offer for Santos of $10.8 billion, up more than 50% from its first approach last August.

A successful bid would give Harbour access to a recently revived company with a low cost of gas production and stakes in LNG in the Asia-Pacific, where demand is soaring.

If successful, Harbour's bid would mark the biggest takeover of an Australian oil and gas producer, but Santos has indicated the company may be worth more.

Reservoir Evaluation

New developments in geoscience and regional understanding can help reduce risk.

microseismic, reservoir, 3-D, oil, MicroSeismic Inc., seismic

A true understanding of the subsurface requires integration and ingenuity.

shale, gas, oil, Energy Information Administration, Kazakhstan, EIA, Chad, United Arab Emirates, Oman

Chad, Kazakhstan, Oman and the United Arab Emirates are believed to have vast shale resources capable of boosting production and adding revenue. However, economics could stand in the way.

Wildcats & Stepouts

Shell, Gulf of Mexico, deepwater, divestment, Ben van Beurden, Fort Sumter

News of a deepwater Gulf of Mexico discovery is made as the company reports falling profits and growth priorities.

Chevron’s $28.5 billion upstream capital and exploratory budget for 2012 includes about $3 billion for exploration and $9 billion for LNG projects.