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Check out the latest E&P news highlights from around the world.
System enables data conditioning and direct access to curve data.
The world’s first subsea processing plant moves closer to crossing the finish line.
The company plans to drill near existing infrastructure as well as chase new growth opportunities that could become stand-alone developments if there is exploration success.
The Atlantis Phase 3 project will include constructing a new subsea production system from eight new wells that will be tied to the existing platform, BP said.
Activist investor Elliott Management offered to buy oil and gas producer QEP Resources in an all-cash deal valued at $2.07 billion, saying that the company is "deeply undervalued."
As 2018 closed with a flurry of good news, 2019 is set to deliver new discoveries and technologies to the oil and gas industry.
Check out the latest E&P activity highlights from around the world.
A collaborative best practice can be routinely deployed with huge returns.
Overall, 2018 was the Year of Consolidation as several E&Ps agreed to merge throughout the U.S., including inside and outside the prolific Permian Basin.
Stratas Advisors shares thoughts on this year’s exploration and development activity.
The investment is about $300 million less than the company forecast in May and includes reductions resulting from Alberta’s mandated oil production cuts.