North America
News
November 07, 2023
As the United States job market begins to cool, with the national unemployment rate rising by 0.1% in October, the oil and gas industry continues to increase its job numbers as global energy demand continues to skyrocket.
News
November 07, 2023
The cash-and-stock acquisition will add about 800 drilling locations and an expected 56,000 boed of production in 2024, Calgary-based Crescent Point said Monday.
News
November 05, 2023
"Rather than capitulate to the demands of activist litigants and circumvent the regulatory process, the Administration should resume oil and gas leasing in the Gulf of Mexico," National Ocean Industries Association President Erik Milito said.
News
November 05, 2023
The Energy Workforce and Technology Council applauded the passage of H.R. 4821, the Department of the Interior, Environment, and Related Agencies Appropriations Act for Fiscal Year 2024.
News
November 03, 2023
Average hourly earnings for front-line oil-and-gas workers rose 0.9% in September from the previous month to $43.63, according to a Labor Department report released Friday. Compared with a year ago, oil pay is up 5.7%.
News
November 02, 2023
Lease Sale 261 is the final offshore lease sale mandated by the Inflation Reduction Act and is the only offshore sale scheduled to take place until 2025.
News
November 02, 2023
Proserv and Trendsetter Engineering have engaged their respective expertise to successfully deliver their unique high integrity pressure protection system (HIPPS) to accelerate initial production at Woodside Energy’s Shenzi extension multiple months ahead of targeted first oil in Q1 2024.
News
November 02, 2023
The associations highlighted the Biden administration’s repeated attempts to restrict energy production in the U.S. Gulf of Mexico, including issuing an unlawful moratorium on oil and gas lease sales.
News
November 01, 2023
The wells will provide a significant near-term production boost and are expected to generate substantial cashflows for the company, which can be reinvested into the development of its project in the Paradox basin, Utah.
News
October 31, 2023
U.S. crude oil production jumped to a record high of 13.05 MMbpd in August, the U.S. Energy Information Administration said Tuesday in a monthly report.
News
October 30, 2023
The joint ventures would include its activities in the Haynesville shale gas basin as well as the Eagle Ford.
News
October 30, 2023
The proposal for managing the National Petroleum Reserve-Alaska has alarmed oil industry advocates who say it would thwart development in a crude-rich region the size of Indiana.
News
October 27, 2023
“Shrinking or further delaying Lease Sale 261 threatens both our energy security and climate goals and could make us more dependent on dirty foreign oil and gas,” Manchin, a West Virginia Democrat, said following the ruling by the Fifth Circuit Court of Appeals in Louisiana.
News
October 26, 2023
The Fifth Circuit stayed an earlier injunction that had required the Interior Department to hold the lease sale by Nov. 8, including some 6 million acres it had previously pulled off the auction block.
News
October 26, 2023
With the ability to access critical data through OBN technology, clients can optimize their reservoir management, streamline decision-making and enhance their overall operational efficiency.
News
October 24, 2023
The company will supply infield flowlines and jumpers for the Trion project in deepwater Mexico.
News
October 23, 2023
U.S. oil and natural gas companies are circling each other for potential match ups to keep investor returns growing as the nation’s prolific shale fields age.
News
October 23, 2023
Oil drillers have applied for 81 licenses to drill into the so-called Waseca formation so far this year, 30 more than in all of 2022. That’s the biggest increase in any oil and gas formation in the province this year, according to regulatory data.
News
October 23, 2023
Hess’ Bakken assets add another leading U.S. shale position to Chevron’s DJ and Permian basin operations and further strengthen domestic energy security.
News
October 20, 2023
The acquisition makes the Texas oil giant the dominant producer in the Permian, the world’s most important basin outside of OPEC and provides the ability to flex production to meet short-term demand, which will be crucial in the energy transition.
