Deep Dives
Welligence Norway Reaction | Aker BP reports one of the largest commercial discoveries in a decade – how does it compare?
On 21 August 2025, Aker BP updated recoverable resources at Omega Alfa to 96-134 MMboe, taking recoverable volumes in the Yggdrasil area to >700 MMboe.…
Read MoreWelligence Kurdistan Development | Is Kurdistan set for a gas boost whilst oil uncertainty persists?
Recent licence awards and ongoing development projects have the potential to position the Kurdish region as an emerging gas player but there are still material…
Read MoreWelligence Global Q2 2025 M&A Quarterly | All eyes on XRG’s move for Santos
Around US$39 billion was spent on M&A globally in Q2, across 35 transactions. The majority of deal-making occurred in onshore North America, which accounted for…
Read MoreGlobal Corporate | The shrinking pool of Large International E&Ps – what’s next?
The pool of Large International E&Ps has been shrinking. With Chevron’s completion of its acquisition of Hess, the peer group is almost half its size…
Read MoreWelligence Alaska Rumblings on the Ground | Alaska’s 2nd Wave of Growth, Exploration, and LNG
Welligence recently visited Alaska to meet with government officials and key industry stakeholders to assess the current upstream environment and future outlook. Recent announcements have…
Read MoreArgentina M&A | YPF expands in Vaca Muerta oil position through US$0.5 billion deal with TotalEnergies
On 6 August 2025, YPF announced the acquisition of operated stakes in two Vaca Muerta shale oil assets from TotalEnergies for US$500 million. The acreage…
Read MoreNorway M&A | INPEX acquires selected Pandion Energy assets
In July 2025, INPEX agreed to acquire Pandion Energy’s 10% interests in Valhall and Hod and 20% interests in the Slagugle and Mistral discoveries. CLIENT…
Read MoreWelligence Russia & Caspian Q2 2025 M&A Quarterly | A bounce from Baku
Two transactions for developed assets were announced in Q2 2025, with a total modelled transaction value of c. US$701 million. CLIENT ACCESS REQUEST ACCESS
Read MoreUS CO2 Storage – Class VI Momentum and OBBBA Effects
Class VI wells are designed specifically for the permanent geologic sequestration of CO₂ in deep subsurface formations. These wells are regulated under the U.S. Environmental…
Read MoreBrazil Exploration | Bumerangue – bp’s pre-salt exploration success
bp has announced a potentially material pre-salt discovery at the Bumerangue exploration block, located in the southern Santos Basin. CLIENT ACCESS REQUEST ACCESS
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