Posts by Alex Hazel
Swimming in subsurface data
“DATABASE ARCHITECTURE is a key aspect in the way intelligence companies are able to respond to the changes in the way data is made available…
Read MoreWelligence UK M&A | Prax enters upstream with Hurricane Energy acquisition
On 16 March 2023, Prax announced the acquisition of Hurricane Energy for up to £249 million (US$301 million). Hurricane’s sole asset is its 100% interest…
Read MoreWelligence Thailand Rumblings on the Ground | Energy security concerns drive licensing and cross-border negotiations
Last week, the Welligence team attended the International Petroleum Technology Conference (IPTC) in Bangkok. We met with key industry stakeholders to gauge Thailand’s upstream outlook…
Read MoreWelligence Norway | Exploration review 2017 – 2022: Near field exploration drives value for Norwegian explorers
Welligence estimates that 1.5 bnboe of commercial resource was discovered in Norway over the 2017-2022 period. Near-field exploration was the primary contributor, accounting for 90%…
Read MoreWelligence UK M&A | Sunset on Suncor’s North Sea business as Equinor swoops
On 3rd March Equinor announced the acquisition of Suncor Energy UK Ltd for US$850 million, bringing interests of 40% in the West of Shetlands Rosebank…
Read MoreWelligence Norway M&A| Wellesley delivers on the find and sell model in deal with Equinor
On 1 March 2023, Equinor announced the acquisition of interests in Grosbeak (18.75%), Atlantis (40%), Toppand (45%), Røver Nord (20%) and Røver Sør (20%) from…
Read MoreWelligence Norway Rumblings on the Ground | Appetite for M&A remains, but challenges abound
At the end of January, the Welligence team visited E&Ps and investors in Stavanger and Oslo to discuss current and upcoming activity, strategies for the…
Read MoreWelligence North Sea | 2023 UK & Norway exploration wells to watch
A review of exploration performance since 2018 and outlook for 2023, including five key exploration wells to watch in the UK and Norway ACCESS…
Read MoreWelligence North Sea M&A Quarterly Report | Opportunities abound but headwinds remain for deal-making in the North Sea
We are pleased to release our quarterly report analysing M&A activity and the outlook for deal-making across the North Sea. The opportunity set has expanded…
Read MoreWelligence Corporate | introducing our E&P 2023 capex guidance tracker
Welligence introduces coverage of 2023 capex guidance. We will be capturing the latest guidance figures as they are reported by companies, and updating this report…
Read More