Posts by Milan Patel
Welligence Canada Licensing | Canada’s latest offshore bid round is a dud – the beginning of the end?
On 6th November, the regulator of Labrador and Newfoundland (C-NLOPB) announced that no bids were placed in its 2024 bid round. The round offered 41…
Read MoreWelligence Canada Licensing | Is there appetite for Canada’s latest offshore bid round?
The latest bid round for acreage offshore Canada is set to close on 6th November. Launched by the provincial oil & gas regulator, Canada-Newfoundland & Labrador…
Read MoreWelligence North America Q3 M&A Quarterly | Chevron’s divestment program headlines deal-making
A single deal was announced in Q3 2024, marking another quiet quarter and well below the activity seen in Q4 2023/Q1 2024. But Q4 2024…
Read MoreUS Alaska M&A | ConocoPhillips consolidates Alaska portfolio by acquiring Chevron’s stakes in certain fields
In October 2024, ConocoPhillips announced the acquisition of a package of assets in Alaska from Chevron for US$300 million – a 4.9% stake in…
Read MoreUS GoM Development | Chevron’s Anchor development kicks off the 20k era
First oil from Chevron’s Anchor development (12 August 2024) marks a couple of important milestones – not only is it the beginning of production from…
Read MoreUS GoM M&A | HEQ Deepwater II strengthens portfolio in Deepwater GoM with acquisition from ExxonMobil
In June 2024, HEQ Deepwater II acquired ExxonMobil’s 22.5% interest in the producing Llano field for an undisclosed amount. HEQ Deepwater II is the…
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