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Shell sells deepwater GoM assets Brutus and Glider for US$425 million plus royalty interest
Shell is divesting two relatively mature assets (7% of Shell's total deepwater GoM production) as a part of the company's effort to globally divest...
Canning Basin shale gas unconventional play
The Canning Basin covers about 450,000 square kilometres onshore in the Kimberley region of northwest Australia. Marine, organic-rich shales from t...
CCS: upstream’s commercial conundrum
Although the concept has been around for decades, the unique events of the past 18 months have rapidly propelled CCS from the fringe onto the main ...
US Upstream week in brief: Harvey halts operations, delays production across the Gulf Coast
Hurricane Harvey caused operators across the Eagle Ford and Gulf of Mexico to temporarily seize operations and shut in wells. With newly formed Hur...
Not just garnish: Parsley becomes one of the largest Midland Basin operators with $2.8 bn Double Eagle acquisition
Parsley Energy added significant inventory to its portfolio with the acquisition of Double Eagle Energy's Midland Basin assets for US$2.8 billion. ...
Indonesia launches 2017 licensing round: gross split terms under the spotlight
Indonesia is offering 10 blocks in its first licensing round under recently enacted Gross split PSC terms, through the Regular Tender & Direct Prop...
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