Tag Archives: Working Interest

New 25% Interest in 40 U.S. Federal Leases Bolsters TotalEnergies’ Low-Carbon Exploration Strategy

(IN BRIEF) TotalEnergies has agreed to purchase a 25% interest in 40 Chevron-operated federal leases in the U.S. Outer Continental Shelf, covering about 1,000 km² across Walker Ridge, Mississippi Canyon, and East Breaks. This move expands TotalEnergies’ low-carbon, cost-efficient exploration … Read the full press release

Shell Expands Stake in Ursa Platform in Gulf of America, Enhancing Energy Production and Growth Potential

(IN BRIEF) Shell Offshore Inc. and Shell Pipeline Company (SPLC) have entered into an agreement to increase their stake in the Ursa platform and its associated fields in the Gulf of America. This move will raise Shell’s working interest from … Read the full press release