North America
News
November 23, 2023
The companies won’t restart pumping until the source of the leak is secured and appropriate repairs have been made, the Coast Guard said in a statement.
News
November 21, 2023
(WO) — TechnipFMC has announced an agreement to sell the company’s Measurement Solutions business to One Equity Partners for $205 million in cash, subject to customary adjustments at the closing of the transaction.
News
November 20, 2023
Kimmeridge Energy Management Co., which is an active U.S. oil and gas investor, said a merger of Chesapeake Energy Corp. and Southwestern Energy Co. would create one of the industry’s most sought-after stocks.
News
November 20, 2023
The U.S. Coast Guard is still trying to find the source of an oil leak estimated to have dumped 26,000 barrels of crude oil into the Gulf of Mexico off the coast of Louisiana.
News
November 19, 2023
(WO) — As a result of the order issued by the United States Court of Appeals for the Fifth Circuit on Nov. 14, 2023, the Bureau of Ocean Energy Management (BOEM) has scheduled Lease Sale 261 for Dec. 20, 2023.
News
November 19, 2023
Drillers in the U.S. shale patch are again trying to rebound from slumping activity, this time expanding the oil rig count by the widest margin in nine months.
News
November 16, 2023
(WO) — WestRock has entered into two virtual power purchase agreements (VPPAs) with ENGIE North America (ENGIE), a subsidiary of ENGIE SA, to add renewable energy to the U.S. energy grid and mark a step forward in WestRock’s commitment to reduce greenhouse gas emissions.
News
November 16, 2023
(WO) — WhiteHawk Energy LLC has announced the acquisition of additional Marcellus Shale natural gas mineral and royalty assets for a total purchase price of $54 million.
News
November 15, 2023
A federal appeals court ordered the Biden administration to sell drilling rights in the Gulf of Mexico within 37 days, a defeat for environmentalists who argued oil leasing and development in the region imperil a critically endangered whale.
News
November 14, 2023
The more bullish forecast for Permian production marks a turnaround from last month’s report, which had originally shown output contracting during every month between August and November from the prolific basin.
News
November 13, 2023
Asset highlights include recent production of approximately 32,000 boed (23% oil, 57% liquids) and PDP reserves of approximately 75 MMboe.
News
November 13, 2023
Prospera’s current gross production are 1,100 boed, with 400 boed shut-in to accommodate development, and another 300 boed behind pipe on minor repairs and optimization.
News
November 10, 2023
The ruling by Alaska-based U.S. District Judge Sharon Gleason means ConocoPhillips can continue developing the $7.5 billion project in the National Petroleum Reserve-Alaska that promises to eventually yield some 180,000 bopd.
News
November 09, 2023
The joint venture aims to identify future subsea tie-back exploitation and exploration prospects in the area using Talos's Neptune facility as the host platform.
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.
