02 December 2025
02 December 2025
Stakeholder Midstream offers natural gas gathering, treating and processing services, as well as crude oil gathering and storage services in the Permian Basin.
TotalEnergies will have a 40% participation stake and continue as operator, while Chevron will hold another 40% stake in the licences.
High-profile deep tech companies like Anthropic and Boston Dynamics are looking to scale their businesses within the industrial field with strategic partnerships.
During the campaign, eight horizontal wells targeting the Upper Cretaceous reservoir were drilled, along with three water disposal wells and one appraisal well.
Adura, jointly owned by Shell and Equinor, is based in Aberdeen, Scotland.
Synergia will receive an initial payment of $6.5m (A$9.91m) upon completion and a further payment of $7m a year after.
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