Oil Rig Count Declines as WTI Drops Below $70

Oil Rig Count Lags As WTI Falls Below $70 The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday, following a 1 rig gain in the prior week. The total rig count in the US fell by […]
GeoPark Purchases Repsol’s Colombian Oil and Gas Assets for $530 Million

GeoPark acquires Repsol’s Colombian oil and gas assets for $530 million GeoPark Limited, a prominent independent energy company operating across Latin America, has signed Sale and Purchase Agreements (SPAs) with Repsol Exploración S.A. and Repsol E&P S.A.R.L to acquire key oil and gas assets in Colombia. The acquisition encompasses Repsol Colombia O&G Limited’s 45% non-operated […]