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A conversation with Statoil’s Peter Mellbye
EDITOR’S NOTE: Peter Mellbye, StatoilHydro’s Executive Vice President for International E&P, was a speaker at the CERA Week conference in February.
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Low prices, lower demand impact offshore economics
In the current economic environment, cash-rich companies, including majors and super independents, are generally faring better than mid-sized and smaller operators, particularly those that are over-leveraged.
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ATP monetizes infrastructure value with $150M investment from GE
GE Energy Financial Services, a unit of GE, has agreed to invest $150M in a partnership with Houston-based ATP Oil & Gas Corp. which will own and operate the ATP Innovator in deepwater Gulf of Mexico, an area that holds 63% of the company’s proved reserves.
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Appeal to young geoscientists helps fuel SMT’s growth, says CEO Arshad Matin
EDITOR’S NOTE: Seismic Micro-Technology, better known as SMT, is a recognized leader in providing geoscience interpretation technology to the upstream oil and gas industry.
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Quorum bucking economic trend, says CEO Paul Weidman
EDITOR’S NOTE: Amid an economic downturn, Quorum Business Solutions projects that its 2009 revenues will surpass 2008.
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OGFJ100P company update
IHS Herold Inc., the independent research firm, has provided OGFJ with updated production data for our periodic ranking of US-based private E&P companies.