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Japanese upstream players accelerate exit plans - News for the Oil and Gas Sector

Japanese companies are increasingly focused on upstream portfolio rationalisation, with divestment of non-operated stakes in smaller oil, as well as other ....

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Inpex Ups Stake in GOM Keathley Canyon Fields

INPEX Americas has increased its participating interest in the Lucius and Hadrian North fields.
INPEX Americas, Inc. has increased its participating interest in the Lucius and Hadrian North fields in four Keathley Canyon (KC) blocks in the U.S. Gulf of Mexico (GOM), INPEX Corp. (OTCMKTS: IPXHY) reported this week.
According to INPEX, the 2.3546-percent participating interest acquisition in Lucius and Hadrian North brings the Americas unit’s stake in the KC fields to 10.10769 percent. The firm pointed out that it acquired the additional interest in the Occidental Petroleum (NYSE: OXY)-operated fields from ExxonMobil (NYSE: XOM).
SOURCE: INPEX
Oil and gas production from Lucius – located in 7,218 feet (2,200 meters) of water approximately 236 miles (380 kilometers) offshore Louisiana in KC blocks 874, 875, 918, and 919 – began in Jan. 2015, INPEX noted in a written statement. ....

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- INPEX Acquires Additional Interest in...

INPEX Acquires Additional Interest in Lucius and Hadrian North Fields in US Gulf of Mexico
édité le 02/02/2021 - Plus de news de INPEX - Voir la fiche entreprise de INPEX
INPEX CORPORATION (INPEX) announced today that through its subsidiary, INPEX Americas, Inc., it has additionally acquired a portion (2.3546 percent) of the participating interest (23.29512 percent) in the Lucius and Hadrian North fields previously held by ExxonMobil. This acquisition increases INPEXs participating interest in the Lucius and Hadrian North fields from 7.75309 percent to 10.10769 percent.
Under the operatorship of Occidental, INPEX and its project partners are jointly developing, producing and marketing crude oil and natural gas from the Lucius Field located in the US Gulf of Mexicos Keathley Canyon (hereinafter KC) blocks 874, 875, 918 and 919 and the Hadrian North Field located in KC blocks 918 and 919. ....

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