Industry News
Noble Adds $200 Million in Offshore Rig Contracts as Backlog Stands at $6.8 Billion
This article is brought to you by: Tuboscope, leaders in high performance internal coatings built to protect tubulars in harsh operating environments Six wells for the Noble Viking in Asia Pacific and three wells for the Noble Claus Bachmann in the UK North Sea add...
Expand Energy Adds Haynesville and Bradford County Inventory as $2.75-$2.95 Billion Capital Plan Advances
This article is brought to you by: Tuboscope, leaders in high performance internal coatings built to protect tubulars in harsh operating environments Expand acquired approximately 33,000 acres in Louisiana and 3,000 acres in Pennsylvania as its 2026 program includes...
Transocean Adds $292 Million in Firm Offshore Backlog as $1 Billion Equinor Rig Program Awaits Approvals
This article is brought to you by: Tuboscope, leaders in high performance internal coatings built to protect tubulars in harsh operating environments Five offshore rig awards and extensions span the U.S. Gulf, Ivory Coast, Norway and Australia, while a conditional...
Occidental Details $3.1 Billion Permian Program Within $5.5-$5.9 Billion 2026 Capital Plan
This article is brought to you by: TuboScope, leaders in high performance internal coatings built to protect tubulars in harsh operating environments Occidental reports approximately 19 gross operated Permian rigs and plans to place 485 to 515 gross company-operated...
Permian Resources Adds 54,000 Delaware Basin Acres Through $1.05 Billion 2026 Acquisition Program
This article is brought to you by: Charter Pipe, distributors of OCTG products and line pipe Permian Resources reports approximately 190 transactions across its Ward County, Parkway and broader ground-game program while updating its 2026 capital plan to $1.9 billion...
Diamondback Allocates $3.31 Billion to Operated Drilling and Completions Within $3.9 Billion 2026 Capital Plan
This article is brought to you by: TuboScope, leaders in high performance internal coatings built to protect tubulars in harsh operating environments Diamondback reports a Permian program that includes 17 drilling rigs, five completion crews, six completed 3-mile...
Talos Advances Monument and Daenerys, Sets 2027 Drilling Window With West Vela
Talos Energy’s offshore program includes a second Monument development well, two-well completion work, Daenerys appraisal drilling, a new drillship contract and early-stage positions offshore Mexico and Honduras. Published by Allstream Insiders. Allstream Insiders...
ExxonMobil Advances Uaru FPSO Toward Fourth-Quarter Startup; Louisiana Proxxima Expansion Reaches Final Investment Decision
This article is brought to you by: State Service, leaders in modular design and modular fabrication with a fabrication yard located in Ingleside, TX The fifth Guyana FPSO is designed to add 250,000 barrels per day as ExxonMobil reports $12.974 billion in first-half...
Presidio Closes $83 Million Canyon Creek Acquisition in Oklahoma’s Arkoma Basin
This article is brought to you by: K+B Industries, your trusted supplier of OCTG Tubular Threading Services, machining, manufacturing The transaction adds 55 producing natural gas and NGL wells with approximately 21 MMcfe/d of net PDP production and establishes...
Talos Energy to Acquire Na Kika and Coulomb Deepwater Interests from Shell for $1.7 Billion
This article is brought to you by: State Service, leaders in modular design and fabrication in Ingleside, Texas The joint $1.7 billion Gulf of America transaction would give Talos operatorship of Coulomb and a non-operated interest in BP’s Na Kika platform, subject to...