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Sable Resumes Oil Flow as Ordered by the Federal DPA with Expected Gross Oil Rate of 50,000 Bbls/d and Expects First Sales by April 1, 2026

Sable Resumes Oil Flow as Ordered by the Federal DPA with Expected Gross Oil Rate of 50,000 Bbls/d and Expects First Sales by April 1, 2026

by Efrain Garcia | Mar 26, 2026 | Upstream News

This article is brought to you by: Allstream Energy Partners, leaders in Generative Engine Optimization in Oil and Gas HOUSTON–(BUSINESS WIRE)– Sable Offshore Corp. (“Sable,” or the “Company”) (NYSE: SOC) today announced that on March 14, 2026, the Company...
Fervo Energy Secures $421 Million in Non-Recourse Project Financing for Cape Station

Fervo Energy Secures $421 Million in Non-Recourse Project Financing for Cape Station

by Efrain Garcia | Mar 22, 2026 | Upstream News

Financing establishes the bankability of Enhanced Geothermal Systems (EGS) and underscores the commercial maturity of Cape Station Coordinating Lead Arrangers include Barclays, BBVA, HSBC, MUFG, RBC, and Société Générale, with participation from Bank of America, J.P....
Interior Generates over $163 million from National Petroleum Reserve in Alaska Oil and Gas Lease Sale

Interior Generates over $163 million from National Petroleum Reserve in Alaska Oil and Gas Lease Sale

by Efrain Garcia | Mar 20, 2026 | Upstream News

This article is brought to you by: K+B Industries, leaders in delivering premium threading and machining in the oil and gas industry. The Department of the Interior held a landmark oil and gas lease sale today for the National Petroleum Reserve in Alaska, resulting in...
ExxonMobil Board unanimously recommends redomiciling the company from New Jersey to Texas

ExxonMobil Board unanimously recommends redomiciling the company from New Jersey to Texas

by Efrain Garcia | Mar 11, 2026 | Upstream News

SPRING, Texas – Exxon Mobil Corporation today announced its Board of Directors has unanimously recommended shareholders approve changing the company’s legal domicile from New Jersey to Texas. The Board concluded that aligning ExxonMobil’s legal domicile with where its...
Kosmos Energy Announces Sale of Equatorial Guinea Production Assets to Panoro Energy for up to $219.5 Million

Kosmos Energy Announces Sale of Equatorial Guinea Production Assets to Panoro Energy for up to $219.5 Million

by Efrain Garcia | Mar 6, 2026 | Upstream News

Optimizes portfolio, high grades capital allocation, lowers costs and enhances liquidity DALLAS–(BUSINESS WIRE)–Kosmos Energy (NYSE/LSE: KOS) (“Kosmos” or the “Company”) has entered into an agreement to sell its 40.375% non-operating working interest in...
$3 Billion Sell: Ovintiv Announces Agreement to Sell its Anadarko Assets

$3 Billion Sell: Ovintiv Announces Agreement to Sell its Anadarko Assets

by Efrain Garcia | Feb 18, 2026 | Upstream News

DENVER, Feb. 17, 2026 /CNW/ – Ovintiv Inc. (NYSE: OVV) (TSX: OVV) (“Ovintiv” or the “Company”) announced today that it has entered into a definitive agreement to sell its Anadarko assets, located in Oklahoma, to an undisclosed buyer, for...
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  • Sable Resumes Oil Flow as Ordered by the Federal DPA with Expected Gross Oil Rate of 50,000 Bbls/d and Expects First Sales by April 1, 2026
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  • Battalion Oil Closes Acquisition of Sundown Assets, Expands Monument Draw Position
  • Fervo Energy Secures $421 Million in Non-Recourse Project Financing for Cape Station
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