Sentences with phrase «company oil basins»

Not exact matches

The Company recently executed a firm, long - term sales agreement beginning in June 2018 that provides takeaway capacity for the majority of its 2018 and 2019 Delaware basin oil production and diversifies price exposure towards a Brent - based index.

Mining giant Woodside Petroleum will expand its presence off the Moroccan coast after entering into a contract with the country's national oil company for a licence to explore another block of the Doukkala basin.

The aggressive exploration program of recently listed Strike Oil is on track with the company set to drill three wells in the Carnarvon basin this month.

That year, drillers packed into the Permian basin in western Texas, where the cost of producing oil is low but the price tag on land — and the companies who own it — has skyrocketed.

In 2016, ex-president John Mahama signed an agreement with the Swiss African Oil Company to begin oil exploratory activities in the Keta basOil Company to begin oil exploratory activities in the Keta basoil exploratory activities in the Keta basin.

He said the federal government is planning to conduct a licensing round for the award of oilfields in inland basins to companies to prospect for crude oil,

The North Sea, a relatively mature oil and gas basin with a thriving renewable electricity industry, is already seeing some crossover between the sectors: some large oil and gas companies are major players in offshore wind; one former oil and gas company, Ørsted in Denmark, has moved entirely to wind and other renewables.

«There could be 20 billion barrels of oil equivalent left to exploit but the UK competes against every other basin in the world for investment and I am committed to make sure that we have a licensing regime and investment environment that attracts quality companies and investment to fully exploit the remaining potential.

• The western sedimentary basin is well - developed so major companies seek opportunities elsewhere; this creates new opportunities for lawyers to work with junior companies as they look to raise capital to conduct oil and gas exploration and development activities in the western sedimentary basin.

• The fact that the western sedimentary basin is well - developed can also be thought of as a con to working in the oil and gas sector because the major companies (clients) are seeking opportunities elsewhere.