Article
October 2024
(WO) -- We’ve all heard plenty of evidence that U.S. operators continue to strive to drill more footage per well to maximize oil production, and World Oil research indicates that both goals are being achieved. That being said, the performance varies among some key states. 
News
November 05, 2024
Nauticus Robotics, a developer of autonomous subsea robotics and software, has successfully completed its initial 2024 Gulf of Mexico (GOM) survey scope for Shell Exploration and Production.
News
November 05, 2024
Nighthawk Completion Services has received a majority investment and growth equity commitment from an investor group led by Bruce Ross, including Backcast Partners and certain energy service executives.
News
November 04, 2024
Last week, the Independent Petroleum Association of America (IPAA) – advocating for thousands of oil and natural gas producers that develop 90 percent of wells nationwide – held its fall Board of Directors meeting as part of its 95th Annual Meeting and announced the following board appointments.
News
November 03, 2024
During its 95th Annual Meeting in Boca Raton, Fla., last week, the Independent Petroleum Association of America (IPAA) announced its new chairman for a two-year term while also revealing its first Chief Roughneck Award winner in five years. The two-day event hosted independent producers from across the U.S.
News
October 30, 2024
(WO) — EnerMech has completed a milestone pre-commissioning project for a major U.S. energy infrastructure company in the Gulf of Mexico, marking the organization’s largest nitrogen membrane spread to be deployed to date in this geography.
News
October 29, 2024
(Bloomberg) — A surge in energy demand from technology giants that are rapidly developing cloud computing and artificial intelligence — known as hyperscalers — is becoming a major boon for the fossil fuel industry.
News
October 29, 2024
SLB today announced the award of a contract by bp to its OneSubsea joint venture for a subsea boosting system in the greenfield development of the Kaskida project in the deepwater U.S. Gulf of Mexico.
News
October 28, 2024
(Bloomberg) — National oil companies tend to be more bloated and less efficient than their private-sector counterparts. Yet Petroleos Mexicanos, with a workforce of about 128,000, stands out even among its state-owned peers. 
News
October 27, 2024
(Bloomberg) — Oil, gas and coal producers stand to gain from a Trump victory in myriad ways, with Trump promising to reverse many Biden policies that have hindered the industry.
News
October 24, 2024
(WO) — U.S. natural gas production from shale and tight formations decreased slightly in the first nine months of 2024 compared with the same period in 2023, according the U.S. Energy Information Administration (EIA).
News
October 23, 2024
This is the second in a three-part series exploring the American Petroleum Institute’s (API's) standards development process. World Oil recently spoke with Paula Watkins, API Senior Director of Standards Development, to gain insights into the intricacies of that process, the role of collaboration, and the challenges along the way. 
News
October 22, 2024
(WO) — Enovate AI has partnered with Blu Clarity to deliver AI-powered real-time data analytics that will enhance efficiency, reduce costs, promote sustainability and ultimately revolutionize upstream oil and gas operations.
News
October 22, 2024
(WO) — As part of an ongoing joint venture with LGX Energy, Black Gold Exploration has added 822 acres to the package of oil, gas and mineral leases in Indiana, U.S., where LGX is actively involved in exploration and production.
News
October 21, 2024
(WO) — The American Petroleum Institute (API) issued a statement supporting a federal court's decision that will avoid significant consequences for American energy security and allow new and existing oil and gas operations to continue.
News
October 20, 2024
Hilcorp Energy Co., the privately held oil producer run by billionaire Jeff Hildebrand, will pay a $9.4 million civil penalty for failing to reduce emissions of methane and volatile gases in New Mexico.
News
October 18, 2024
Energy NL hosted their annual awards gala to recognize growth, innovation and outstanding achievements of Newfoundland and Labrador energy industry leaders.
News
October 17, 2024
The American Petroleum Institute is challenging EPA's emissions standards for heavy-duty (HD) vehicles. These restrictive mandates are opposed by most voters in battleground states, API has found.
News
October 17, 2024
The Railroad Commission of Texas (RRC) has imposed more than $1 million in fines on operators and businesses within the state’s oil and gas industry.
News
October 17, 2024
Transocean today announced a one-year contract for the Deepwater Conqueror with an undisclosed operator in the U.S. Gulf of Mexico.
Connect with World Oil
Connect with World Oil, the upstream industry's most trusted source of forecast data, industry trends, and insights into operational and technological advances.