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Repsol increasing its presence in the deepwater Gulf of MexicoRepsol currently has an interest in 116 Outer Continental Shelf (OCS) blocks and is the operator, majority owner, and controlling partner in 70 of these blocks. |
Hess adds to Utica Shale position with acquisition of Marquette ExplorationNew York-based Hess Corporation said Sept. 8 that it has acquired privately-held Marquette Exploration LLC and other leases in Ohio’s Utica Shale, boosting its acreage position by 85,000 net acres at a cost of approximately $750 million. |
Hess and CONSOL form JV to develop Utica ShaleOn Sept. 7, Hess Corporation said it had formed a joint venture agreement with CONSOL Energy Inc. to acquire a 50% interest in CONSOL’s nearly 200,000 acres in the Utica Shale in eastern Ohio for aggregate payments of $593 million. |
Hess sets $5.6 billion capex budget for 2011New York-based Hess Corporation announced its 2011 capital and exploratory budget of $5.6 billion on Jan. 7, nearly all of which is targeted for exploration and production: $3.1 billion for production, $1.6 billion for developments, and $900 million for exploration. |
Hess capex includes Tioga plant expansion
New York-based Hess Corporation announced its 2011 capital and exploratory budget of $5.6 billion on Jan. 7, nearly all of which is targeted for exploration and production: $3.1 billion for production, $1.6 billion for developments, and $900 million for exploration.
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Bakken may double production in 10 years
Formation has largest oil deposits in North America outside the oil fields of Alaska
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Bakken may double production in 10 years
Formation has largest oil deposits in North America outside the oil fields of Alaska
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Hess capex includes Tioga plant expansion
New York-based Hess Corporation announced its 2011 capital and exploratory budget of $5.6 billion on Jan. 7, nearly all of which is targeted for exploration and production: $3.1 billion for production, $1.6 billion for developments, and $900 million for exploration.
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