Earthstone Energy signs $627m deal to acquire New Mexico assets
The deal is expected to increase Earthstone’s net production by 18,000boepd to 23,000boepd in Q4 2022.

The deal is expected to increase Earthstone’s net production by 18,000boepd to 23,000boepd in Q4 2022.
With the acquisition, Whitecap Resources will enter the liquids-rich Duvernay play at Kaybob.
Shell received the rights to block OFF-7 and OFF-2 while APA secured the rights to block OFF-6.
The investment will increase the Rotterdam refinery’s production capacity to 2.7 million tons per annum.
PTL will acquire CRC-Evans, Pipeline Induction Heat, and Stanley Inspection that form Stanley’s oil and gas division.
The 3,131.8km² block was awarded in the second round of the Indonesia Petroleum Bid Round 2021.
The coating is designed for oil and gas segments such as refining and petrochemical facilities.
The sale is expected to address the UK CMA’s potential concerns relating to the planned merger of Nobel and Maersk…
Thank you for subscribing to Offshore Technology