Repsol

Spain’s Repsol SA has agreed to take over full operatorship of a joint venture with Equinor SA in the Eagle Ford Shale in Texas.

Appalachian executives shared their frustration with an industry audience in Pittsburgh last week, saying that resistance to natural gas throughout the Northeast is shaping up to be a big problem for the basin’s trajectory.

Repsol SA and its partners are claiming the largest natural gas discovery in Indonesia in 18 years and among the 10 largest finds worldwide in the past year, a find that could limit the need for imports in the future.

BCE-Mach LLC, formed earlier this year with the ousted founder of SandRidge Energy Inc., Tom L. Ward, on Monday said it would buy a bundle of properties in the Mississippian Lime that are primarily operated by Ward’s former company.

A jury in South Texas has awarded nearly $100 million in damages to a small Houston-based energy company, after ruling that the former Talisman Energy Inc. violated a joint operating agreement (JOA) with the company and committed accounting fraud.

Spain’s Repsol SA and partner Armstrong Energy have made the largest U.S. onshore conventional hydrocarbons discovery in 30 years, in the Nanushuk play in Alaska’s North Slope, Repsol said Friday.

About one month after Royal Dutch Shell plc and other producers collectively abandoned millions of acres of leasehold in Alaska’s Chukchi Sea, Spain’s Repsol SA has joined the exodus, relinquishing nearly 100 federal leases it acquired at auction in 2008.

Thailand’s largest coal producer, Banpu Pcl, has invested $112 million for a 29.4% stake in a joint venture in northeastern Pennsylvania, the Chaffee Corners Joint Exploration Agreement, which is majority owned by Spain’s Repsol SA (see Shale Daily,Dec. 16, 2014). Banpu’s stake gives it 156 Bcf of reserves and about 21 MMcf/d of potential production.

Thailand’s largest coal producer, Banpu Pcl, has invested $112 million for a 29.4% stake in a joint venture in northeastern Pennsylvania, the Chaffee Corners Joint Exploration Agreement, which is majority owned by Spain’s Repsol SA (see Shale Daily,Dec. 16, 2014). Banpu’s stake gives it 156 Bcf of reserves and about 21 MMcf/d of potential production.