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US federal court throws cold water on the leasing "pause"
On 15 June 2021, a US federal court ordered an injunction, reversing the "pause" on new oil and gas lease sales implemented by the Biden administra...
US Gulf of Mexico Lease Sale 249: Operators take a deep breath and look around infrastructure
The US Gulf of Mexico region-wide Lease Sale 249 was held on 16 August 2017. It attracted 99 bids from 27 participating companies, with high bids t...
US Lower 48: 2022 in review
Despite major macro shifts, the responses from US E&Ps have been muted. In a year of high commodity pricing, E&Ps focused on capital discipline and...
Q3 2021 pre-FID upstream project tracker: Brazil takes the gold in FIDs
Brazil has the most FIDs taken in the year so far, with Petrobras accelerating the pace of contracting in 2021. Mero 4 was the fifth FPSO to receiv...
Q4 2021 pre-FID upstream project tracker: Turkey moves forward with Sakarya Phase One
The main supply chain contracts were awarded in October for the deepwater Sakarya project offshore Turkey, marking an effective FID. Offshore proje...
Qiannan shale gas unconventional concept play
The Qiannan sag is located south of Guiyang, the capital city of the Guizhou province. GDP growth of the Guizhou Province is forecast to average 8....
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