Onshore
Article
May 2024
Far too many companies are seemingly holding back on utilizing horizontal wells to access Enhanced Geothermal Systems and risk missing a golden opportunity to extract heat from the Earth’s crust.
News
May 28, 2024
Following comprehensive evaluation of the well data, including wireline logs, cuttings and gas data, preliminary interpretations confirm the presence of reservoirs over an interval of approximately 200 m gross thickness, corresponding to the pre-drill targets.
News
May 27, 2024
The well remains on schedule to begin drilling in June 2024 and is targeting 163 MMbbl of unrisked prospective oil resources or 843 Bcf of unrisked prospective natural gas resources based on the most recent prospective resources report.
News
May 23, 2024
Baker Hughes’ awarded scope includes the supply of 20 compression trains based on Frame 5 gas turbine and BCL compressor technology, which will be installed across three gas boosting stations within the Hassi R’ Mel natural gas field.
News
May 23, 2024
President Javier Milei, who’s just months into a four-year term, pledges to go where no Argentine leader has successfully ventured for three decades by deregulating the country’s tightly controlled economy. But his signature legislation, which would stamp his libertarian vision on the economy — including free oil markets — still needs to win approval in congress.
News
May 21, 2024
APA Corporation announced the sale of non-core producing properties by Apache Corporation in two separate transactions for over $700 million. Combined, the properties represent estimated net production in the first-quarter 2024 of 13,000 boed, of which just over one-third is oil.
News
May 20, 2024
The Dartois target has Best Estimate recoverable prospective resources of 12 Bcf, Chariot said in an online statement. Chariot is also testing an independent prospect targeting a different trapping style to the Gaufrette prospect drilled by the RZK-1 well
News
May 16, 2024
In a unique state-university-industry collaboration, Dow, the State of Wyoming and the University of Wyoming have come together to enhance oil well productivity and recovery from existing fields and wells in Wyoming.
News
May 15, 2024
Key highlights of the contract include a test deployment of PetroVisor’s Electric Submersible Pump (ESP) app for one producing asset, showcasing Datagration's machine learning-enabled ESP data analytics solution.
News
May 14, 2024
Production, which began on May 6, 2024, with 6,000 bpd, is expected to be ramped up to 40,000 bpd by May 27th, 2024.
News
May 13, 2024
Shale operators drilled more crude wells than they fracked in April, marking the first back-to-back increase in drilled-but-uncompleted projects since late 2022, according to a report from the U.S. Energy Information Administration on Monday.
Article
March 2024
Produced water is a significant issue for the oil and gas industry, presenting environmental and logistical challenges that require careful management and technological solutions. By implementing effective treatment and reuse techniques, operators can minimize the environmental impact of produced water and enhance their operations’ sustainability.
Article
April 2024
Faced with ongoing uncertainties ranging from the fall elections to the global oil market and the LNG “pause,” U.S. producers are holding activity steady.
News
May 07, 2024
Earlier this year, using Nabors provided technology, Vista electrified the first drilling rig in Vaca Muerta, Nabors PACE® F24, which is entirely powered by renewable energy.
News
May 03, 2024
Energy companies in the United States have reduced the number of operating oil and natural gas rigs for the second consecutive week, reaching the lowest count since January 2022, according to Baker Hughes' latest report.
News
May 03, 2024
Nabors, a leading provider of drilling solutions, has announced the launch of Nabors Integra Surface Services, a new offering aimed at revolutionizing drilling operations.
News
May 03, 2024
Pioneer and Sheffield rebutted the FTC’s claims, saying his efforts were an attempt to push back against the “predatory practices” of OPEC and Russia, which had flooded the market with oil on several occasions, including in 2020, to wipe out U.S. shale.
News
May 03, 2024
The acquisition, completed on May 3, allows ExxonMobil to more than double its footprint in the Permian basin, combining Pioneer's substantial acreage and industry expertise with ExxonMobil's technological leadership and financial strength.
News
May 02, 2024
SilverBow Resources Inc. has successfully executed a horseshoe lateral in the Austin Chalk formation of South Texas, transforming a one-mile well into an 8,900-foot U-shaped hole.
News
May 02, 2024
NOG's production surge was largely driven by exceptional performance in the Permian basin, which saw a sequential quarterly increase of 6% and represented record volumes for the company in the basin.
News
May 02, 2024
The company, serving as operator with a 75% stake alongside ONHYM at 25%, has initiated drilling at the Gaufrette prospect with the spudding of the RZK-1 well.
