by Efrain Garcia | May 22, 2025 | Upstream News
This article brought to you by: 05/19/2025 HOUSTON–(BUSINESS WIRE)– Sable Offshore Corp. (“Sable,” or the “Company”)(NYSE: SOC) today announced that as of May 15, 2025, it has restarted production at the Santa Ynez Unit (“SYU”) and has begun flowing oil...
by Efrain Garcia | May 7, 2025 | Upstream News
Key Takeaways Reported production of 469,000 barrels of oil equivalent (BOE) per day; adjusted production excluding Egypt noncontrolling interest and tax barrels, was 398,000 BOE per day; Notable efficiency gains, primarily in Permian drilling, enabling reduction of...
by Efrain Garcia | May 7, 2025 | Upstream News
MIDLAND, Texas – Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) today announced its first quarter 2025 financial and operational results, revised full year 2025 guidance and a strategic Northern Delaware Basin bolt-on acquisition....
by Efrain Garcia | May 6, 2025 | Upstream News
This News Article brought to you by: K+B Industries Leaders in Premium Threading and Machining HAMILTON, Bermuda–(BUSINESS WIRE)– Valaris Limited (NYSE: VAL) (“Valaris” or the “Company”) announced today that it has been awarded a five-well contract...
by Efrain Garcia | May 6, 2025 | Upstream News
New way of working helps unlock final investment decision (FID) for project offshore Trinidad and Tobago HOUSTON, May 05, 2025 — SLB (NYSE: SLB) today announced the award of a substantial engineering, procurement, construction and installation (EPCI) contract by bp to...
by Efrain Garcia | May 6, 2025 | Upstream News
HAMILTON, Bermuda–(BUSINESS WIRE)– Valaris Limited (NYSE: VAL) (“Valaris” or the “Company”) announced today that it has agreed to sell jackup VALARIS 247 to BW Energy (“BWE”) for cash proceeds of approximately $108 million. This sale is expected to close...
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