Industry News
Shell Reaches FID on Three-Well Phase 12a Deepwater Gas Development Offshore Egypt
The sanctioned development will add three deepwater gas wells tied into existing West Delta Deep Marine subsea infrastructure, with first production targeted for 2028. Published by Allstream Insiders Allstream Insiders Summary Shell subsidiary BG Delta Limited and its...
Weatherford Shareholders Approve Move of Parent Company to Delaware, Targeting Fourth-Quarter 2026 Completion
This article is brought to you by: Tuboscope, leaders in high performance internal coatings built to protect tubulars in harsh operating environments The oilfield-services company expects the proposed change in the legal domicile of its ultimate parent company from...
Understanding TCEQ’s Aboveground Storage Vessel Safety Program – Insights from Altamira
What Texas facilities need to know about applicability, registration and early compliance preparation Author: Andreana Ibarra | September 2, 2026 What Is the TCEQ Aboveground Storage Vessel Safety (ASVS) Program? The Texas Commission on Environmental Quality (TCEQ)...
Comstock Signs $1.65 Billion SOCAR Letter of Intent and Launches $450 Million Haynesville Drilling Venture
This article is brought to you by: Tuboscope, leaders in high performance internal coatings built to protect tubulars in harsh operating environments The proposed SOCAR transaction covers interests in Comstock's Legacy and Western Haynesville assets and Pinnacle Gas...
Sage Advances EGS Scale-Up with South Texas SMECI Operations and Chiyoda Facilities Study
This article is brought to you by: Tuboscope, leaders in high performance internal coatings built to protect tubulars in harsh operating environments Allstream Insiders Summary Sage Geosystems has placed its SMECI enhanced-geothermal facility in South Texas in service...
Quaise Closes $180 Million Series B as Nabors Invests $35 Million and Drills at Project Obsidian
This article is brought to you by: Tuboscope, leaders in high performance internal coatings built to protect tubulars in harsh operating environments A Nabors PACE-B rig is drilling at the Central Oregon geothermal development, where Quaise targets a 50-MW first phase...
SLB OneSubsea Wins Thunder Horse EPC Contract for 15,000-boe/d Boosting Project
Allstream Insiders Summary SLB OneSubsea has secured an engineering, procurement and construction contract from bp to deliver a subsea boosting system for the Thunder Horse project in the deepwater Gulf of America. The contracted scope includes the boosting system and...
EagleRock Acquires Intrepid Ranch for $78.2 Million, Adds 50,000-Acre Lea County Surface Position
This article is brought to you by: K+B Industries, leaders in turnkey premium threading, machining and Turnkey Manufacturing Allstream Insiders Summary EagleRock Land has completed the $78.2 million acquisition of Intrepid Ranch, adding an approximately 50,000-acre...
Continental Resources Agrees to Acquire FireBird Energy II, Adding 54,000 Net Midland Basin Acres
Allstream Insiders Summary Continental Resources has entered into an agreement to acquire FireBird Energy II LLC, a Quantum Capital Group-backed upstream producer with approximately 54,000 net acres in the Midland Basin. Continental said the FireBird assets are...
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...