$47MM US Gulf Exploration Rights Bid Round – Offshore Players Line Up!
The latest US Gulf lease sale is officially in the books — and the industry response is strong.
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White House meeting today w/ Chevron, Exxon, Conoco + smaller players like Continental Resources & Denver-based independents to discuss investments in Venezuela's oil sector post-recent changes. Majors for scale, nimble firms for speed? Source: Reuters
https://t.co/U0auPJHT3x
The Bureau of Ocean Energy Management (BOEM) has finalized plans for a December 10 Gulf of Mexico lease sale, offering 80 million acres across 15,000+ unleased blocks, as part of the new One Big Beautiful Bill Act (OBBBA). https://t.co/NAEznXd051
Bacalhau Production Begins
Equinor and its partners have officially started production from the Bacalhau field in Brazil’s Santos Basin, one of the largest pre-salt developments with recoverable reserves exceeding 1 billion boe.
https://t.co/zALqKaYWS1
🌐 https://t.co/dp2GyHHmrX
Eni strengthens its position in Côte d’Ivoire’s deepwater frontier 🇨🇮
Italian major Eni has acquired the I-707 offshore exploration block near its 2024 Calao discovery.
🌐 https://t.co/dp2GyHHUhv
Full article here 👉 https://t.co/tUOnZisLRR
Summer 2025 is in full swing, and we're seeing a notable decline in both YoY and WoW drilling rig counts. 📉 What's driving this trend? Let's discuss!
Source: https://t.co/HUa3pzACbY
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#RigCount#OilAndGas#Energy#AriesOne#Drilling