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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.

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September 20, 2022. Gulf of Mexico oil driller QuarterNorth Energy is considering the potential sale of the business, reported Reuters, citing people familiar with the matter. According to the report, the deal could …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. 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,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 ...

Talos said the acquisition would add roughly 30,000 barrels of oil equivalent per day to its production portfolio in the Gulf of Mexico, where QuarterNorth’s predecessor Fieldwood Energy was a ...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’ …

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’ …

Fieldwood Energy LLC, Fieldwood Energy Offshore LLC, QuarterNorth Energy LLC, Facilities Consulting Group, LLC, McMoRan Oil & Gas LLC and SafeZone Safety Systems, LLC: Case Number: 2:2022cv02491: Filed: August 4, 2022: Court: US District Court for the Eastern District of Louisiana:Talos said the acquisition would add roughly 30,000 barrels of oil equivalent per day to its production portfolio in the Gulf of Mexico, where QuarterNorth’s predecessor Fieldwood Energy was a ...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.FIELDWOOD ENERGY LLC, et al., Debtors. § § § § § § § § § § § § § § § § CASE NO: 20-33948 CHAPTER 11 QUARTERNORTH ENERGY LLC AND CERTAIN OF ITS AFFILIATES, Plaintiff, VS. ADVERSARY NO. 20-3476 ATLANTIC MARITIME SERVICES LLC, Defendant. MEMORANDUM OPINION QuarterNorth filed a motion for reconsideration of the Court’s December 7 ...Fieldwood Energy’s long-term commitment to the Gulf of Mexico began when the company was established in September 2013 with the acquisition of Apache’s Gulf of Mexico Shelf business, followed ...

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About. Fieldwood Energy’s primary focus is the exploration and development of offshore oil and gas assets in both the U.S. and Mexico. Since our inception in 2013, Fieldwood has grown to become one of the largest producers of oil and gas in the U.S. Gulf of Mexico. Fieldwood’s significant footprint in the deepwater and shallow-water Gulf of ...

New York-listed Talos Energy has inked an agreement to acquire compatriot QuarterNorth Energy in a $1.29 billion deal, potentially widening its deep-water asset base in the Gulf of Mexico.Welcome to QuarterNorth Energy Liked by Rossanna Gomez La elección de tu proveedor de comunicaciones #collaboration, #IoT & #cloud applications debe basarse en la calidad de sus profesionales, en ...23 Aug 2020 ... Earlier this month, fellow explorer Fieldwood Energy filed for Chapter 11bankruptcy protection, its second in 2 years. Topics. Business ...Jan 15, 2024 · Consideration for the Transaction consists of 24.8 million shares of Talos's common stock and approximately $965 million in cash. The board of directors of both Talos and QuarterNorth have ... Sign In. Enter any username and password. Username. Password. LoginRemember Forgot Password? Or login with. Create an account. Forget Password ? Enter your e-mail address below to reset your password.Read QuarterNorth Energy LLC v. Atl. Mar. Servs. (In re Fieldwood Energy III LLC), 4:22-cv-00855, see flags on bad law, and search Casetext’s comprehensive legal database ... Fieldwood was one of the largest producers of oil and gas in the Gulf of Mexico. Dkt. 2-2 at 1. It contracted for Atlantic to provide drilling services on five leases ...Deepwater Drilling Engineer at QuarterNorth Energy Houston, TX. Connect Jered Pecoraro ... Sr. Drilling Engineering Advisor at Fieldwood Energy LLC Tomball, TX. Connect Stephen Sprague, P.E. ...

An aldosterone-producing adenoma is a noncancerous (benign) tumor that develops in an adrenal gland, which is a small hormone-producing gland located on top of each kidney. Explore...In the Amended Complaint, Plaintiff refers to both QuarterNorth Energy, LLC and Fieldwood Energy, LLC as “QuarterNorth.” Id. at 1. Therefore, it is impossible to ascertain which entity Plaintiff is referring to when making these allegations. 11 Id. at 3. 12 Id. 2 Case 2:22-cv-01211-NJB-DPC Document 35 Filed 09/26/22 Page 3 of 12 causing [P ...Mar 4, 2024 · Talos estimates QuarterNorth’s average daily production for 2024 will come in at an average 30,000 boe/d (75% oil), including planned downtime. QuarterNorth’s producing assets include six major fields that are approximately 95% operated and 95% in deepwater. Talos announced the $1.29 billion cash-and-stock acquisition of QuarterNorth in ... A. The Formation of QuarterNorth. QuarterNorth Energy Inc. (the "Company") is a private corporation that holds oil and gas leases and owns and operates production facilities in the Gulf of Mexico. It was formed on August 27, 2021 as part of a Chapter 11 reorganization plan for its predecessor oil and gas production company, Fieldwood Energy LLC.Talos estimates QuarterNorth’s average daily production for 2024 will come in at an average 30,000 boe/d (75% oil), including planned downtime. QuarterNorth’s producing assets include six major fields that are approximately 95% operated and 95% in deepwater. Talos announced the $1.29 billion cash-and-stock acquisition of QuarterNorth in ...

Talos Energy Inc. has agreed to acquire QuarterNorth Energy Inc., Houston, for $1.29 billion. The deal would add about 30,000 boe/d from offshore US Gulf of Mexico assets for full-year 2024 ...

When February rolls around, it's tax time once again. People begin scrambling to gather all tax documents and W-2s, and possibly to find a tax preparer. It's a little-known fact th...The Insider Trading Activity of BEEKHUIZEN MICK J on Markets Insider. Indices Commodities Currencies StocksFieldwood Grand Chenier (Quarter North); Cameron Parish, Louisiana. Cameron Parish, Louisiana | 2022-Feb-24. Initial Notification: During Hurricane Laura (08/25/20), an estimated 2,400 barrels of crude oil condensate was discharged from a storage tank at the Fieldwood Grand Chenier separation facility, breached the containment area, and …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 ...About. Fieldwood Energy’s primary focus is the exploration and development of offshore oil and gas assets in both the U.S. and Mexico. Since our inception in 2013, Fieldwood has grown to become one of the largest producers of oil and gas in the U.S. Gulf of Mexico. Fieldwood’s significant footprint in the deepwater and shallow-water Gulf of ...Talos (TALO) acquires a privately-held exploration and production company QuarterNorth Energy, in a stock-and-cash deal worth $1.29 billion to expand its operations to the Gulf of Mexico region.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 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 ...

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The leaking well off the southeast Louisiana coast is owned by QuarterNorth’s predecessor, Fieldwood Energy LLC, and the spill may have violated a promise of good behavior that Fieldwood signed ...

“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 ...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 ...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 ...Get free access to the complete judgment in QuarterNorth Energy LLC v. Valero Mktg. & Supply Co. (In re Fieldwood Energy LLC) on CaseMine.Get free access to the complete judgment in QuarterNorth Energy LLC v. Valero Mktg. & Supply Co. (In re Fieldwood Energy LLC) on CaseMine.QuarterNorth seeks a ruling that Fieldwood's bankruptcy plan (the "Plan") extinguished Atlantic's LOWLA privileges. (ECF No. 24 at 5). The Court orally ruled on December 7, 2021 that Fieldwood's Plan did not extinguish Atlantic's LOWLA privileges and that Atlantic was no longer barred from proceeding with its LOWLA claims in Louisiana District ...The report, released March 8, found that fractured studs resulted in a flowline failure in a Fieldwood Energy-operated deepwater Gulf of Mexico field. Following its emergence from bankruptcy in September 2021, the company now operates as QuarterNorth Energy. The incident occurred on the Katmai Field Well #1 on July 24, 2020. The well is located ...The oil field lies in water depth of 4,700ft in the Mississippi Canyon Blocks 727/771 in the Gulf of Mexico. The field is jointly owned by Noble Energy (31.14%), Ecopetrol America (31.5%), Marathon Oil Company (18.23%) and Samson Offshore Mapleleaf (19.13%). The field was discovered in 2008 and has been developed as a subsea tieback.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.

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.John Deck is Vice President, Information Technology for QuarterNorth Energy. Prior to QuarterNorth, Mr. Deck served as Vice President, Information Technology for Fieldwood Energy. Prior to joining Fieldwood Energy, Mr. Deck was VP and CIO for Amplify Energy Corp. (formerly Memorial Production Partners). Mr. Deck has 38-years of experience in ...Jan 15 (Reuters) - Oil and gas company Talos Energy TALO.N said on Monday it will acquire privately held QuarterNorth Energy in a $1.29 billion cash and stock deal to bolster its presence in Mexico.Instagram:https://instagram. altamed medical and dental group west covina Sign In. Enter any username and password. Username. Password. LoginRemember Forgot Password? Or login with. Create an account. Forget Password ? Enter your e-mail address below to reset your password. temp services in lawrenceville ga · Experience: QuarterNorth Energy · Location: Eunice · 460 connections on LinkedIn. ... Area 4 Construction Superintendent at Fieldwood Energy LLC Lafayette, Louisiana Metropolitan Area ...Adversary Case No. 20-03476 Fieldwood Energy LLC, et al. v. Atlantic Maritime Services LLC; Adversary Case No. 20-03497 Fieldwood Energy LLC, et al. v. Valero Marketing and Supply Company; Adversary Case No. 21-03418 Fieldwood Energy LLC, et al. v. Everest Reinsurance Company et al. Adversary Case No. 21-03456 Fieldwood Energy LLC v. masterchef winner season 3 Jan 16, 2024 · Talos said the acquisition would add roughly 30,000 barrels of oil equivalent per day to its production portfolio in the Gulf of Mexico, where QuarterNorth’s predecessor Fieldwood Energy was a ... Event Details. Talos Energy Announces Strategic Acquisition of QuarterNorth Energy. January 16, 2024 08:30 AM ET. Talos will host a conference call, … special noodle menu Offshore oil production & exploration. Quarter North Energy is located in Houston, TX and is a supplier of Oil & Gas Production.HowStuffWorks looks at whether student loan forgiveness and other incentives encourage people to move or remain in a state. Advertisement Facing aging populations and brain drain, ... live cam mackinac bridge A federal judge ruled last month that Fieldwood Energy LLC, a privately held company that currently controls the old wells and had sought bankruptcy protection, could pass on hundreds of millions ...Talos said the acquisition would add roughly 30,000 barrels of oil equivalent per day to its production portfolio in the Gulf of Mexico, where QuarterNorth’s predecessor Fieldwood Energy was a ... hendrick chevrolet naples florida Jan 16, 2024 · 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 Energy and around ... 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 ... ocean state job lot norwood In its bankruptcy, Fieldwood transferred one of those contracts to QuarterNorth Energy LLC. BP attempted to set off what it owed QuarterNorth under the transferred contract against what Fieldwood owed it under the retained contract. For the reasons set forth below, BP's setoff was improper and violated the Plan and Confirmation Order. BACKGROUND.QuarterNorth is a privately-held U.S. Gulf of Mexico exploration and production company with ownership in several prolific offshore fields. QuarterNorth's assets will provide additional scale from high quality deepwater assets with a favorable base decline profile along with attractive future development opportunities. Sign In. Enter any username and password. Username. Password. LoginRemember Forgot Password? Or login with. Create an account. Forget Password ? Enter your e-mail address below to reset your password. ace hardware west chester pa 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. texas crab boil The Formation of QuarterNorth QuarterNorth Energy Inc. (the “Company”) is a private corporation that holds oil and gas leases and owns and operates production facilities in the Gulf of Mexico.1 It was formed on August 27, 2021 as part of a Chapter 11 reorganization plan for its predecessor oil and gas production company, Fieldwood Energy ... furniture stores snellville ga Personal/Company Email (NOT Facility/Loop) Contact Phone. Company (YOUR) cajun crackin concord 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. 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).