North America
News
December 18, 2023
This advanced data acquisition approach not only increases exploration success rates but also contributes to more efficient resource utilization, ultimately reducing operational risks and costs for clients.
News
December 18, 2023
Operators are squeezing crude out of new wells more efficiently because of innovations in everything from electric-pump technology to new strategies for deploying workers while fracking wells to minimize downtime.
News
December 16, 2023
Tokyo Gas Co. said its subsidiary Tokyo Gas America Ltd. will purchase Rockcliff Energy II LLC for about $2.7 billion in a move to expand its U.S. shale gas operations.
News
December 15, 2023
Permian Basin operator Callon Petroleum Co. is considering strategic options amid takeover interest from rival oil and gas players, people familiar with the matter said, as dealmaking accelerates in the U.S. energy industry.
News
December 15, 2023
Chevron Corp. CFO Pierre Breber criticized employees for failing to deliver on several key performance metrics in 2023, a year in which Chevron's shares tumbled 16%, a steeper drop than its industry peers.
News
December 14, 2023
The Kaikias field in the U.S. Gulf of Mexico is a deep-water project that uses a subsea tieback to the nearby Ursa production hub.
News
December 13, 2023
After completion of this campaign in April 2025, these wells collectively are expected to produce up to 22,000 boed at peak rates.
News
December 13, 2023
"The U.S. offshore region is uniquely situated to provide the energy sources Americans rely upon for a high quality of life, while also providing a roadmap for addressing emissions," NOIA President Erik Milito said.
News
December 12, 2023
Future development is underpinned by some of North America’s top operators, with the combined ExxonMobil and Pioneer Natural Resources expected to move into Freehold’s top five payors and represent greater than 25% of future gross locations within the company’s U.S inventory. Additional payors include other large well capitalized producers such as Marathon Oil, Endeavor Energy Resources LP and Diamondback Energy.
News
December 12, 2023
Occidental Petroleum Corp.’s $10.8 billion takeover of CrownRock LP equates to more $50,000 per acre for rights to drill some of the richest oil deposits in the hemisphere, according to data-analysis and research firm Enverus Inc.
News
December 11, 2023
Occidental Petroleum Corp. has agreed to acquire Texas shale driller CrownRock LP in a cash-and-stock deal valued at about $12.0 billion, including the assumption of $1.2 billion in debt, as consolidation heats up in North America’s most-prolific oil basin.
News
December 08, 2023
U.S. oil producers are about to ease up on their growth in capital spending, indicating that the pace of shale output may slow down after American production rose to record levels this year.
News
December 07, 2023
The total includes 588 to drill new oil or gas wells, 5 to re-enter plugged wellbores and 37 for re-completions of existing wellbores.
News
December 07, 2023
Chevron Corp. followed competitor Exxon Mobil Corp. in raising planned capital spending as the biggest U.S. oil operators seek to increase long-term crude production.
News
December 06, 2023
Exxon also plans to spend $23 billion to $25 billion on capital projects next year as it expands its footprint in the Permian basin, North America’s most-prolific oil field, and pursues untapped reserves in overseas regions such as Guyana.
News
December 05, 2023
This transaction forms a comprehensive cementing business to better serve Permian oil and gas operators and is complementary to ProPetro’s industry-leading hydraulic fracturing and wireline completions businesses.
News
November 30, 2023
The Canadian province, which holds the world’s third-largest crude reserves, is benefiting from higher oil prices supported by production cuts from OPEC+ countries including Saudi Arabia and Russia.
News
December 01, 2023
Occidental’s corporate jet movements recall a frenzied few months in 2019 when the company successfully outbid Chevron Corp. to buy Anadarko Petroleum Corp. for $55 billion.
News
November 30, 2023
NNE became the first producer in the United States to certify an asset to EO's independent voluntary standard for high-ESG performance at the site level in 2021.
News
November 30, 2023
If the purchase is successful, it would augment a portfolio Occidental had already expanded with the $38 billion takeover of Anadarko Petroleum Corp. in 2019
News
November 29, 2023
API's Executive Vice President and Chief Advocacy Officer Amanda Eversole highlighted how American innovation spurred the shale revolution, transforming the energy landscape in the U.S.
