Julia Weiss

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New gas discoveries and increased sanctioning activity expected to break the downward production trend in Trinidad

On June 2, 2017, BPTT announced two new gas discoveries offshore Trinidad - Savannah and Macadamia - together amounting to around 1.3 trillion cubic feet of recoverable resources, based on Rystad Energy analyses. In addition, the Angelin project discovered back in 1995 was announced sanctioned. The ...

Julia Weiss


Posted 1 month agoPress > Rystad EnergyTrinidadTrinity Exploration & Production +1

EQT’s acquisition of Rice Energy creates the leading US and Appalachian natural gas producer

On June 19, EQT Corporation (NYSE:EQT) entered into an agreement to acquire Rice Energy (NYSE:RICE) for 8.2 billion USD. In summary, EQT financing includes 5.4 billion USD in equity, 1.3 billion USD in cash and 1.5 billion USD assuming or refinancing of Rice net debt and preferred equity. According ...

Julia Weiss


Posted 2 months agoOpinion > Rystad EnergyShale GasEQT Corporation

Rystad Energy Annual Review of World Oil Recoverable Resources: Saudi Arabia adds oil resources ahead of IPO

In its annual account of global oil resources, Rystad Energy finds that Saudi Arabia has added enough recoverable oil resources to regain its top position ahead of the United States and Russia. The addition of 73 billion barrels of recoverable oil since the publication of Rystad Energy's 2016 annual ...

Julia Weiss


Posted 2 months agoOpinion > Rystad EnergySaudi ArabiaReserves

US oil production could reach all time high during 2017

Rystad Energy, the energy data warehouse, now predicts US oil production grows so fast that an all-time high of 10 million barrels per day could be reached before December 31st this year. In a monthly report on latest oil market trends, our analysts show US oil production growing at 95 kbbld per mon ...

Julia Weiss


Posted 2 months agoOpinion > Rystad EnergyUnited StatesProduction +1

Ensco’s Acquisition of Atwood Oceanics is first merger among offshore drillers

In recent months there have been several second-hand rig transactions in the offshore drilling space with a number rigs changing hands such as Borr Drilling's acquisition of Transocean's jackup fleet and Shelf Drilling's acquisition of three Seadrill jackups. Today marks the first merger between two ...

Julia Weiss


Posted 2 months agoOpinion > Rystad EnergyOffshoreENSCO +2
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