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Benchmark crude oil prices rose on New York and London markets by more than $1/bbl Feb. 15 to 3-month-high settlements following the Organization of Petroleum Exporting Countries report that cartel production dropped in January from December 2018.

Tracey Henderson has been named chief exploration officer of Kosmos Energy Ltd., Dallas, succeeding founding partner Brian F. Maxted, who is retiring.

Geoffrey Probert has agreed to join TransGlobe Energy Corp., Calgary, as vice-president and chief operating officer based in London. Probert has been North Africa managing director for Petroceltic and previously worked with Shell and BHP Billiton.

Santos has boosted its operatorship position in the Bonaparte basin off northern Australia through an agreement with fellow explorer Beach Energy. The agreement aligns interests across three permits in the Northern Territory jurisdiction—NT/P82, NT/P85, and NT/P84—and one offshore Western Australia, WA-454-P, such that the two companies become 50-50 joint venture partners in each with Santos as operator.

Marathon Oil Corp. has earmarked $2.4 billion in development capital for 2019, the majority of which—95%—to be allocated 60-40 to the four US resource plays: Eagle Ford and Bakken, and Oklahoma and Northern Delaware, respectively.


This week’s Inside Shale highlights Dominion Energy’s plan to reduce their GHG emissions by 50%! Check out the pod… https://t.co/WS6nrkuX0x

Guest editorial (Clarksburg): Dominion again works to set standard for 'greener' energy (Daily Mail Opinion) | Dail… https://t.co/V9aoEANV3Z

RT @AnteroResources: Antero Resources is active in the communities in which we operate, supporting local schools, conservation organization…

RT @AnteroResources: Antero Resources was formed in 2002 by Paul M. Rady and Glen C. Warren, Jr. following their success with Pennaco Energ…