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QuarterNorth struggled to control undersea well, people say. Driller was bound by non-prosecution agreement signed in 2021. Federal investigators raided a deep-water oil explorer’s Louisiana office last week as part of a probe into an offshore spill, a rare escalation for a US environmental case. QuarterNorth Energy LLC ’s office in ...

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No. 2016). In Fieldwood’s sale agreement with QuarterNorth, Fieldwood sold certain assets free and clear of encumbrances, including any privileges.1 (Case No. 20-33948, ECF No. 2013 at 78, 168). The acquired assets include Fieldwood’s 50% interest in GC-40 and 58.9363% interest MC-948. (Case No. 20-33948, ECF No. 2013 at 78, 203, 205).Applicants: Fieldwood Energy LLC, Fieldwood Energy Offshore LLC, QuarterNorth Energy LLC, GOM Shelf LLC. Description: Joint Petition of Fieldwood Energy LLC et al for Limited Waiver of “shipper-must-have-title” Policy, Request for Expedited Action and Shortened Comment Period. Filed Date: 8/11/21. Accession Number: 20210811–5078On August 3 and August 4, 2020, Fieldwood Energy LLC and 13 affiliated debtors (collectively, the "Debtors") each filed a voluntary petition for relief under Chapter 11 of …Talos Energy (TALO.N) acquires privately held QuarterNorth Energy in a $1.29 billion cash and stock deal. https://lnkd.in/eqjc6wwu #oilandgas…MIT OpenCourseWare gives people free online access to nearly 2,000 MIT classes. See what MIT OpenCourseWare is and what you could learn from it. Advertisement Last year, 12,445 hig...

Assistant General Counsel at Fieldwood Energy LLC · Experience: QuarterNorth Energy · Education: The University of Texas School of Law · Location: Houston · 500+ connections on LinkedIn. View ... “Fieldwood’s lack of mitigation, communication and urgency to address the issues associated with the D-36 well played a major role in the events leading up to the incident,” the bureau said. QuarterNorth — a reference to the 25th parallel north that bisects the Gulf — was one of the entities that emerged when Fieldwood exited ...The Insider Trading Activity of BEEKHUIZEN MICK J on Markets Insider. Indices Commodities Currencies Stocks

Full title: IN RE: FIELDWOOD ENERGY LLC, et al., Debtors. v. VALERO MARKETING AND SUPPLY COMPANY, Defendant. QUARTERNORTH ENERGY LLC AND CERTAIN OF ITS AFFILIATES, Plaintiff, Court: United States Bankruptcy Court, Southern District of Texas Date published: Dec 10, 2021 Facts In June 2018, Valero, a refiner and marketer of petroleum Continue Reading

QuarterNorth Energy, LLC. Physical 544 Dudley Bernard Road at Express Weld site Port Fourchon, LA 70357 Site 613Mailing 2014 W. Pinhook Road Suite 800 Lafayette, LA 70508 Office Phone: (337) 354-8000 Website: www.quarternorthenergy.com.QUARTERNORTH ENERGY LLC Aug 2021 - Present 2 years 4 months. Houston, Texas Area ... Fieldwood Energy LLC Oct 2013 - Aug 2021 7 years 11 months. Houston, Texas, United States ...Some of Fieldwood's creditors formed QuarterNorth last year when they acquired most of Fieldwood's assets for $1 billion. The attempt to offload QuarterNorth is the latest in a string of sale efforts in the US GoM, as elevated energy prices tempt asset owners to try to cash out.QuarterNorth is a privately held U.S. Gulf of Mexico exploration and production company with ownership in six major fields. It will receive about 24.8 million shares of Talos's common stock and ...

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Apache Corporation has taken a hit of £326million ($446m) over decommissioning costs for Gulf of Mexico oil and gas assets it sold nearly a decade ago. In its third quarter results, the US-based ...

Report summary. Genovesa (MC 519) is a small oil and associated gas discovery located in the eastern part of the Mississippi Canyon protraction area in 2,010 metres (6,594 feet) of water. The field was discovered by Fieldwood (now Quarternorth) in July 2019. The field lies 9 kilometres (6 miles) south east of the BP's Na Kika facility.QuarterNorth was created from the remains of Fieldwood Energy, a major Gulf of Mexico producer which entered Chapter 11 bankruptcy for the second time in three years in August 2020.Feb 1, 2024 · Report summary. Genovesa (MC 519) is a small oil and associated gas discovery located in the eastern part of the Mississippi Canyon protraction area in 2,010 metres (6,594 feet) of water. The field was discovered by Fieldwood (now Quarternorth) in July 2019. The field lies 9 kilometres (6 miles) south east of the BP's Na Kika facility. Jim Brysch serves as Vice President – Marketing for QuarterNorth Energy. Mr. Brysch served as Interim Chief Financial Officer for QuarterNorth Ene rgy from August 2021 to March 2022. Prior to QuarterNorth, Mr. Brysch served as Vice President – Production Marketing for Fieldwood Energy. Mr.HSE & Contractor Safety Management Coordinator at QuarterNorth Energy Lafayette, Louisiana, United States. 86 followers ... Fieldwood Energy Nov 2013 - Present 10 years. Lafayette, Louisiana Area ...Learn about the airline from the CEO and how to earn and redeem HawaiianMiles. Talking Points celebrated a couple anniversaries this week. On Wednesday, TPG's flagship podcast look...

Jan 16 (Reuters) - Oil and gas company Talos Energy said it will acquire privately held QuarterNorth Energy in a $1.29 billion cash-and-stock deal to bolster its presence in the Gulf of Mexico ...Talos Energy has agreed to acquire QuarterNorth Energy, a privately-held exploration and production company operating in the US deepwater Gulf of Mexico, in a stock and cash deal worth $1.29bn. The consideration for the deal includes 24.8 million shares of the common stock of the New York Stock Exchange (NYSE) listed Talos …Jan 15 (Reuters) - Oil and gas company Talos Energy said on Monday it will acquire privately held QuarterNorth Energy in a $1.29 billion deal. (Reporting by Tanay Dhumal in Bengaluru; editing by ...Houston-based Fieldwood Energy LLC and its affiliates are seeking relief under Chapter 11, joining the growing list of U.S. oil and gas operators squeezed by the devastating impact of Covid-19.Sep 19, 2022 · Some of Fieldwood’s creditors formed QuarterNorth last year when they acquired most of Fieldwood’s assets for $1 billion. The attempt to offload QuarterNorth is the latest in a string of sale efforts in the U.S. Gulf of Mexico, as elevated energy prices tempt asset owners to try to cash out.

Shannon Chavez is a Quarternorth Operations Lead at QuarterNorth Energy based in Houston, Texas. Previously, Shannon was a Lead Operator at Fieldwood Energy and also held positions at APA Corporation, Baker Energy Team, Operators & Consulting Services....A group of Fieldwood’s creditors formed QuarterNorth in 2021 when they acquired most of Fieldwood’s assets for $1 billion. QuarterNorth’s producing assets include six major fields and are approximately 95% operated and 95% in deep water and bring significant reserves upside beyond current production from both producing probable zones and ...

QuarterNorth Sales Effort May Hinge on Well Results. Industry players are closely watching a deepwater Gulf of Mexico well that is nearing completion as the well operator, privately held QuarterNorth Energy, attempts to sell itself. The private operator, formed from the wreckage of Fieldwood, is searching for fresh resources at Katmai as it ...QuarterNorth Sales Effort May Hinge on Well Results. Industry players are closely watching a deepwater Gulf of Mexico well that is nearing completion as the well operator, privately held QuarterNorth Energy, attempts to sell itself. The private operator, formed from the wreckage of Fieldwood, is searching for fresh resources at Katmai as it ...QuarterNorth and BP also dispute the proper interpretation of paragraph 11.1(n) of the Credit Bid Purchase Agreement between Fieldwood and QuarterNorth: Buyer’s Assumption of Liabilities. Subject to the terms of this Agreement, if the Closing occurs, [QuarterNorth] shall be deemed to have assumed (and shall pay,Jan 15, 2024 · Mon, 01/15/2024 - 05:52 PM. Talos Energy executed definitive agreements to acquire private Gulf of Mexico E&P QuarterNorth Energy Inc. in a cash and stock transaction valued at $1.29 billion, Talos said on Jan. 15. Talos estimates QuarterNorth’s average daily production for 2024 will be approximately 30,000 boe/d (75% oil), inclusive of ... By Yun Park. Law360 (February 21, 2024, 6:39 PM EST) -- The Fifth Circuit has ruled that a group of insurers that issued surety bonds to bankrupt Fieldwood Energy in a sale of its assets are not ...This case is a declaratory judgment action filed by plaintiffs Fieldwood Energy III, LLC, and QuarterNorth Energy, LLC, successors to Fieldwood Energy LLC (“Fieldwood”), in which they seek a judicial declaration regarding their obligation to provide defense and indemnity to defendants in a separate lawsuit.Some of Fieldwood's creditors formed QuarterNorth last year when they acquired most of Fieldwood's assets for $1 billion. The attempt to offload QuarterNorth is the latest in a string of sale efforts in the U.S. Gulf of Mexico, as elevated energy prices tempt asset owners to try to cash out.About. Results oriented Accounting and Finance Manager with over 15 years of experience in the Oil & Gas and Lubricants industries. Proven expertise in managing accounting staff and processes ...Get free access to the complete judgment in Quarternorth Energy LLC v. Valero Mktg. & Supply Co. (In re Fieldwood Energy LLC) on CaseMine.

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After completing the acquisition, Talos has approximately 183.0 million shares of common stock outstanding, including approximately 24.4 million shares issued to the QuarterNorth shareholders as ...

7 Jan 2016 ... Fieldwood Mexico B.V.. Fieldwood Energy de México, S. de R.L. de C.V.. Fieldwood Energy E&P. México, S. de R.L. de C.V.. QuarterNorth Energy LLC.Filing 3 MOTION to Appear Pro Hac Vice for James D. Bercaw (Fee Paid: $100, receipt number ATXSDC-31038249) by Fieldwood Energy III, LLC, Fieldwood Energy IV, LLC, Fieldwood Energy Offshore, LLC, Fieldwood Energy, Inc., Fieldwood Energy, LLC, QuarterNorth Energy LLC, filed. Motion Docket Date 1/31/2024.Fieldwood Energy LLC Oct 2014 - Apr 2019 4 years 7 months. Houston, Texas Area Legal Assistant Maersk Oil Jun 2012 - Sep 2014 2 years 4 months ... Landman at QuarterNorth Energy.Sep 14, 2022 · QuarterNorth — a reference to the 25th parallel north that bisects the Gulf — was one of the entities that emerged when Fieldwood exited bankruptcy in August 2021. –With assistance from ... HOUSTON – Genesis Energy, L.P. says it has entered into agreements to provide downstream transportation services for crude oil production associated with the deepwater Gulf of Mexico Katmai field development through the existing Tarantula production platform. The agreements are with Fieldwood Energy LLC, Ridgewood Katmai, LLC and ILX Prospect ...QuarterNorth Energy Aug 2021 - Present 2 years 10 months. Houston, Texas, United States ... Sr Financial Analyst at Fieldwood Energy LLC Houston, TX. Connect Fernando Varela ...Veris Global is a web-based platform that allows you to access, manage, and share your data securely and efficiently. You can upload, download, and edit files ...Fieldwood Energy LLC and BP Exploration & Production Inc. entered into two contracts under which one party was obligated to pay the other. In its bankruptcy, Fieldwood transferred one of those contracts to QuarterNorth Energy LLC...QuarterNorth Energy | 2,665 followers on LinkedIn. The Gulf of Mexico is where we work and is the inspiration for our name. 25 degrees north latitude, or "quarter" north, runs directly through the ...Dec 10, 2021 · Valero has no claim against QuarterNorth and owes QuarterNorth $2,102,544.00, plus attorneys’ fees, costs, and interest. BACKGROUND In June 2018, Valero, a refiner and marketer of petroleum products, entered into a contract to purchase crude oil from Fieldwood, an upstream oil and gas operator and producer.

Valero has no claim against QuarterNorth and owes QuarterNorth $2,102,544.00, plus attorneys’ fees, costs, and interest. BACKGROUND In June 2018, Valero, a refiner and marketer of petroleum products, entered into a contract to purchase crude oil from Fieldwood, an upstream oil and gas operator and producer.Jan 16, 2024 · By Mrinalika Roy and Tanay Dhumal. Jan 16 (Reuters) - Oil and gas company Talos Energy said it will acquire privately held QuarterNorth Energy in a $1.29 billion cash-and-stock deal to bolster its ... Talos Energy (TALO.N) acquires privately held QuarterNorth Energy in a $1.29 billion cash and stock deal. https://lnkd.in/eqjc6wwu #oilandgas…Instagram:https://instagram. bill simmons net worth 2023 Here are 4 things you may be able to negotiate when you are looking to rent a house or apartment. By clicking "TRY IT", I agree to receive newsletters and promotions from Money and...QuarterNorth and BP dispute whether BP rightfully set off its Isabela PSA payments against the amount Fieldwood owed under the Genovesa PSA. The dispute arises from their interpretations of two documents: (1) Fieldwood's Confirmation Order and (2) the Credit Bid Purchase Agreement between Fieldwood and QuarterNorth. philips hearlink Feb 8, 2022 · QuarterNorth and BP dispute whether BP rightfully set off its Isabela PSA payments against the amount Fieldwood owed under the Genovesa PSA. The dispute arises from their interpretations of two documents: (1) Fieldwood's Confirmation Order and (2) the Credit Bid Purchase Agreement between Fieldwood and QuarterNorth. restaurants near the hyatt regency new orleans QuarterNorth, which was created last year from the remains of bankrupt Fieldwood Energy, is still being held to a two-year agreement between Fieldwood and the US Department of Justice from... lush from no jumper A group of Fieldwood’s creditors formed QuarterNorth in 2021 when they acquired most of Fieldwood’s assets for $1 billion. QuarterNorth’s producing assets … rudy's creamed corn The acquisition is part of Fieldwood’s restructuring and recapitalisation plan, which was filed earlier this year. Last week, the Bankruptcy Court for the Southern District of Texas confirmed the plan and approved the acquisition Noble Energy’s assets. Through the plan, Fieldwood secured $525m of capital, which was directed towards meeting ... papa murphy's hudson wi Offshore oil production & exploration. Quarter North Energy is located in Houston, TX and is a supplier of Oil & Gas Production.Valero has no claim against QuarterNorth and owes QuarterNorth $2,102,544.00, plus attorneys’ fees, costs, and interest. BACKGROUND In June 2018, Valero, a refiner and marketer of petroleum products, entered into a contract to purchase crude oil from Fieldwood, an upstream oil and gas operator and producer. rest stops washington state Houston-based Fieldwood Energy LLC and its affiliates are seeking relief under Chapter 11, joining the growing list of U.S. oil and gas operators squeezed by the devastating impact of Covid-19.QUARTERNORTH ENERGY LLC Aug 2021 - Present 2 years 4 months. Houston, Texas Area ... Fieldwood Energy LLC Oct 2013 - Aug 2021 7 years 11 months. Houston, Texas, United States ...Talos Energy (TALO.N) acquires privately held QuarterNorth Energy in a $1.29 billion cash and stock deal. https://lnkd.in/eqjc6wwu #oilandgas… Liked by Blaine Schexnayder junk yard flint Quarternorth Energy Holding Inc. explores and develops deposits of crude oil and natural gas. Company profile page for Quarternorth Energy Holding Inc including stock price, company news ... opra quotes Jan 16, 2024 · Talos Energy Announces Strategic Acquisition of QuarterNorth Energy. January 16, 2024 08:30 AM ET. Talos will host a conference call, which will be broadcast live over the internet, on Tuesday, January 16, 2024 at 8:30 AM Eastern Time (7:30 AM Central Time). Listeners can access the conference call through a webcast link on the Company’s ... restaurants near the schottenstein center Jan 15 (Reuters) - Oil and gas company Talos Energy said on Monday it will acquire privately held QuarterNorth Energy in a $1.29 billion deal. (Reporting by Tanay Dhumal in Bengaluru; editing by ... u haul palm bay florida INVESTIGATION FINDINGS: INCIDENT SUMMARY: On 10 January 2022, a well control and subsequent pollution event occurred in the Gulf of Mexico originating from West Delta (WD) Block 80, Platform ‘D’ on Lease OCS-G 01874 (Surface Location). The WD 80 D production platform was being maintained by QuarterNorth Energy (QNE) at the time of the incident.QuarterNorth Energy, LLC. Physical 544 Dudley Bernard Road at Express Weld site Port Fourchon, LA 70357 Site 613Mailing 2014 W. Pinhook Road Suite 800 Lafayette, LA 70508 Office Phone: (337) 354-8000 Website: www.quarternorthenergy.com. No Image Available.Jan 16, 2024 · By Mrinalika Roy and Tanay Dhumal. Jan 16 (Reuters) - Oil and gas company Talos Energy said it will acquire privately held QuarterNorth Energy in a $1.29 billion cash-and-stock deal to bolster its ...