Will mid-size / private operators continue to drive exploration activity in the US GoM in 2021?
Although budgets remain tight following the impact of the Covid-19 pandemic on the sector, our well count is largely in line with drilling activity over…
Read MoreShell leads the way at US Gulf of Mexico Lease Sale 256
Interest remained unsurprisingly subdued in the latest US Gulf of Mexico lease sale as the market downturn continues to impact the industry. The Bureau of…
Read MoreAmericas Upstream Mergers & Acquisitions Report – Q3 2020
As expected, deal flow picked up in Q3 as cash-rich companies started to take advantage of the adverse market conditions. In Latin America, private equity…
Read MoreBHP acquires Hess’ 28% stake in Shenzi for US$505 million
On 5 October 2020, Hess announced the sale of its 28% stake in Shenzi in the deepwater US Gulf of Mexico to the operator, BHP,…
Read MoreShell Buys Kosmos Exploration Assets
“This is a timely deal for Kosmos – it helps shore up its balance sheet, reduces future capital commitments and helps fund the company’s short-cycle…
Read MoreShell Buys Kosmos’ Frontier Exploration Assets for Up to $200M
Commenting on the deal via social media on Wednesday, Energy intelligence company Welligence Energy Analytics said Wednesday that the deal meant that “high risk/high reward…
Read MoreAmericas Upstream Mergers & Acquisitions Report – Q2 2020
Although deal flow ground to a near standstill in Q2, a buyer’s market is emerging as we exit the downturn. ACCESS PDF
Read MoreUS Gulf of Mexico Investment Outlook
While investors retreat from unconventionals, the US Gulf of Mexico remains well-positioned, with strong economics and multiple investment opportunities. Welligence Energy Analytics hosted a “US…
Read MoreBeacon Offshore acquires Shenandoah and Yucatan from LLOG
Beacon Offshore is to acquire LLOG’s portion of Shenandoah/Yucatan in the US Gulf of Mexico. The deal adds to private equity-backed Beacon’s growing portfolio in…
Read MoreFieldwood Energy: Opportunities and challenges abound
In this piece, we take a deeper dive into Fieldwood Energy, a company currently under severe financial stress. One company’s distress, of course, can be…
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