Spending

Global deepwater drilling activity is going on a rampage, with spending set to more than double over the coming decade, according to Wood Mackenzie.

Global deepwater drilling activity is going on a rampage, with spending set to more than double over the coming decade, according to Wood Mackenzie.

Talisman Energy Inc. is shopping its Eagle Ford Shale acreage with hopes of raising up to US$2 billion, according to a Reuters report that cited unnamed sources.

Halcon Resources Corp. said Monday it will be spending more on its East Texas Eagle Ford Shale play, known as El Halcon.

WPX Energy Inc. plans to deploy two more drilling rigs to the five now running in Western Colorado’s Piceance Basin, which should add an incremental 1.9 Bcfe in natural gas-weighted output through the rest of this year, the Tulsa operator said Wednesday.

Sanchez Energy Corp. has revised its spending and operations guidance following the closing of the acquisition of South Texas assets from Hess Corp.

Around the middle of the year, SM Energy Co. management will have a clearer picture of how to allocate spending among a number of opportunities as it targets annual production growth of 15-20% over the next three years, executives said during a conference call Wednesday.

Around the middle of the year, SM Energy Co. management will have a clearer picture of how it will allocate its spending among a number of opportunities as it targets annual production growth of 15-20% over the next three years, executives said during a conference call Wednesday.

Spending to create new natural gas liquefaction capacity in the United States may get Qatar Petroleum International (QPI) more bang for the buck than developing additional liquefaction projects at home, according to Wood Mackenzie.