Energy Update

Under the terms of the merger, Blue Ridge shareholders will get 4.4259 shares of Eclipse Resources for each share they hold in Blue Ridge. The deal values each
The post Eclipse Resources, Blue Ridge to merge to create $1.4bn Utica-focused gas operator appeared first on Compelo Energy.

The investment for Johan Sverdrup phase 2 development is expected to be NOK41bn ($4.92bn) with production targeted to begin in the fourth quarter of 2022. Equinor said that
The post Equinor and partners to submit development plan for Johan Sverdrup phase 2 appeared first on Compelo Energy.

In this regard, Esso Deepwater Gippsland will drill two exploration wells – Baldfish and Hairtail using Diamond Offshore’s Ocean Monarch semi-submersible drilling rig. Drilling of the wells is

(Tue, 28 Aug 2018) Gross production of natural gas in the United States has generally been increasing for more than a decade and in recent months has been more than 10% higher compared with the same months in 2017. This growth has been driven by production in the Appalachian Basin in the Northeast, the Permian Basin in western Texas and New Mexico, and the Haynesville Shale in Texas and Louisiana. These three regions collectively accounted for less than 15% of total U.S.