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Talos Buys Shell's Gulf Deepwater for $850M on Q2's Last Day — What $70 WTI Looks Like From Offshore

Talos Buys Shell's Gulf Deepwater for $850M on Q2's Last Day — What $70 WTI Looks Like From Offshore

Talos Energy acquires Shell's Gulf of America deepwater assets — $850M gross, $450-500M net — on the last trading day of Q2. At $70 WTI, the deal's logic says everything about where offshore operators see the floor.
CIR Research Desk 30 Jun 2026
Murphy Oil Q1 2026: Eagle Ford Efficiency, Chinook Deepwater, and Vietnam on the Horizon

Murphy Oil Q1 2026: Eagle Ford Efficiency, Chinook Deepwater, and Vietnam on the Horizon

Murphy Oil spent the first quarter proving that a mid-cap independent with a genuine international portfolio still plays differently than the Permian-only operators that have dominated CIR coverage this earnings season. The company reported Q1 production of 174,236 BOEPD — exceeding the high end of its guidance range
CIR Research Desk 06 May 2026

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