NorthAmOil - North America Oil & Gas
US seeks Asian support for Russian oil price cap
Freehold arranges to buy assets in Eagle Ford, Midland basins
Calgary-based Freehold Royalties revealed on July 7 that it had arranged to buy a number of “high-quality” assets in the Eagle Ford and Midland basins in Texas for the sum of CAD155mn ($119.93mn).
Ovintiv arranges to sell portions of its Bakken and Uinta portfolios
Denver-based Ovintiv has arranged to sell portions of its assets in the Bakken and Uinta basins to two counterparties for about $250mn.
Texas oil and gas production tax revenues hit record highs in June
The state government of Texas saw oil and gas production tax revenues rise to record-high levels in the month of June, according to Comptroller of Public Accounts Glenn Hegar.
US government releases 2023-2028 offshore drilling plan
The US Department of the Interior released its new five-year offshore drilling plan on July 1, saying it would carry out no more than 11 new potential Atlantic and Pacific lease sales during the 2023-2028 period.
Freeport LNG targets restart in early October
Freeport LNG has said it is on track to resume partial operations early in the fourth quarter of this year.
Barkindo: Downstream factors play a key role in oil price volatility
Mohammad Sanusi Barkindo, the late secretary-general of OPEC, said hours before his death that constraints in the downstream sector were making a bigger contribution to the volatility of oil prices than most observers realise.
OPEC secretary-general dies in Abuja
Mohammad Sanusi Barkindo, the secretary-general of OPEC, died unexpectedly in Abuja late on July 5.
NorthAmOil: US government releases 2023-2028 offshore drilling plan
The US Department of the Interior released its new five-year offshore drilling plan on July 1, saying it would carry out no more than 11 new potential Atlantic and Pacific lease sales during the 2023-2028 period.
TC Energy says Coastal GasLink pipeline is more than 64% complete
Calgary-based TC Energy reports that work on the Coastal GasLink pipeline, which will deliver natural gas to the LNG Canada terminal in British Columbia, was 64.2% complete as of the end of June.
ExxonMobil, Imperial strike deal to sell Canadian shale assets
ExxonMobil and Imperial Oil have agreed to sell their Montney and Duvernay assets in Canada to Whitecap resources for $1.5bn.
Canada talks LNG options with Germany
Germany is holding talks with Canada in an attempt of secure options for exporting LNG to Europe from Canada’s East Coast.
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