“Wow!” That’s how Tudor, Pickering & Holt described Marathon Petroleum’s megamerger with Andeavor. What did other analysts have to say about the deal?
Also, Dallas Cowboys’ owner Jerry Jones has some good assets in the Bakken and now Comstock has a piece of them, while in exchange Jones will now own most of Comstock’s equity.
In international news, BP hinted at future dividend increases, Russia is still above the OPEC deal target and Saudi Aramco named its first woman director.
Finally, at the Offshore Technology Conference in Houston, Chevron and others touted offshore’s potential despite shale’s existence.
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E&P Highlights: Feb. 5, 2024
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CNOOC’s Suizhong 36-1/Luda 5-2 Starts Production Offshore China
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TotalEnergies Starts Production at Akpo West Offshore Nigeria
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US Drillers Add Oil, Gas Rigs for Third Time in Four Weeks
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