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Marathon Oil Posts First Quarterly Profit Since COVID Outbreak

2021-05-05 22:30:00| OGI

The swing to profit in the first quarter also comes as Marathon Oil and other shale producers slashed spending and production last year.

Tags: posts oil profit quarterly

 

Petrobras Reopens Bidding for Golfinho Oil Fields, Sources Say

2021-05-05 21:17:22| OGI

Golfinho is one of dozens of legacy production assets that Petrobras is selling to reduce debt and sharpen its focus on the prolific, deepwater presalt formation.

Tags: say sources fields oil

 
 

On the Market Oil and Gas Quicklist (Week of May 5, 2021)

2021-05-05 18:00:00| OGI

Heres a quicklist of oil and gas assets on the market including Fairway Resources Oklahoma properties and Kaiser-Francis Oil well package in Louisiana plus the offer from Centennial Resource Production to acquire or farm in certain operated assets in the Permian Basin of Reeves County, Texas.

Tags: week market gas oil

 

Marketed: Eagle Oil & Gas East Texas Operated Divestiture

2021-05-05 15:35:00| OGI

Eagle Oil & Gas retained RedOaks Energy Advisors for the sale of certain East Texas properties comprising roughly 13,000 net acres in Henderson and Anderson counties.

Tags: east texas gas oil

 

BHP Reports First Oil Production at Ruby Project in Trinidad and Tobago

2021-05-05 15:07:28| OGI

The development is expected to produce 16,000 gross barrels of oil per day after completion, the company said in a statement.

Tags: project reports production oil

 

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