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.
News
October 19, 2023
The completed Whale FPU, which comprises a topside module and a four-column semisubmersible floating hull (of over 22,000 tonnes), delivered on-time and within budget.
News
October 19, 2023
Devon’s merger ambitions underscore how U.S. shale is ripe for a consolidation wave as companies seek to boost drilling inventory and cut costs.
News
October 18, 2023
The Commission’s plugging program works aggressively to protect the environment and communities around the state, as evidenced by the fact that the agency has exceeded well plugging targets set by the legislature for seven straight years.
News
October 18, 2023
Chesapeake has held on-and-off discussions with Southwestern for months about a potential combination, said one of the people, who asked to not be identified because the matter isn’t public.
News
October 17, 2023
Florida Governor Ron DeSantis and former U.S. Ambassador to the United Nations Nikki Haley were the biggest beneficiaries of donations from oil and gas representatives in the third quarter, according to a Bloomberg review of new campaign finance disclosures filed with the Federal Election Commission.
News
October 16, 2023
As shale growth slows, deepwater drilling is enjoying a renaissance, with more than $500 billion in global offshore investments expected through 2025.
News
October 16, 2023
Tourmaline’s production will increase to 600,000 boed after the acquisition, which is expected to close late next month.
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