Onshore
News
September 25, 2023
Costs for drilling rigs and steel used to line the inside of oil wells have come down recently, Chief Executive Officer Rick Muncrief said during an interview on Monday.
News
September 21, 2023
Thanks to a $3 million grant from the Louisiana Department of Natural Resources, LSU Craft & Hawkins Department of Petroleum Engineering Professor Ipsita Gupta is working with a team of LSU researchers to find out which wells are leaking and measure their emissions before and after they are plugged.
News
September 18, 2023
This exploration license 434, similar to Zion’s previous exploration licenses, will be valid for three years until September 13, 2026, with the option of four 1-year extensions, for a total of seven full years until September 13, 2030.
News
September 15, 2023
Gas rigs in the Eagle Ford shale play in South Texas more than doubled this week to five, according to data released Friday by Baker Hughes Co.
News
September 14, 2023
TGS well packages are interpretation-ready and include products such as standardized digital logs (LAS, LAS+, Mud LAS, Lith LAS), validated well headers, quality-controlled directional surveys and other available derivatives.
News
September 14, 2023
One in five new wells in the Permian basin of West Texas and New Mexico will rely on subterranean horizontal holes of 3 miles or longer in 2024, double the share this year and up from virtually zero just two years ago, according to research firm Rystad Energy.
News
September 12, 2023
The total includes 710 to drill new oil or gas wells, 8 to re-enter plugged wellbores and 92 for re-completions of existing wellbores.
News
September 08, 2023
The latest drilling campaign entailed the drilling of six new wells, including three producing wells and three wells dedicated to water injection, as part of a secondary recovery project.
News
September 06, 2023
The moves come in the wake of the administration’s decision to approve ConocoPhillips’s Willow oil project in the National Petroleum Reserve-Alaska. The initiatives announced Wednesday target territory in northern Alaska, long prized for its oil and gas potential.
News
September 04, 2023
Eni announced the signing of an agreement with Oando PLC - Nigeria’s indigenous energy solutions provider - for the sale of Nigerian Agip Oil Company Ltd, a wholly Eni-owned subsidiary focusing on onshore oil and gas exploration and production in Nigeria.
News
August 31, 2023
The drilling of well WR-34Z follows on from two successful wells, JKT-01Z and WR-B01Za, which have significantly enhanced the company’s production profile. As with these wells, WR-34Z is a low-cost side-track hole drilled from an existing donor well.
News
August 31, 2023
Initial evaluation confirms reservoir continuity of the Amungee Member B-shale over 150 kilometers between Amungee NW-2H and Beetaloo W-1 wells. This includes a target development area of approximately 1 million acres where the shale depth exceeds 2,700 meters.
News
August 29, 2023
Geologically viable but unproven inventory is at the forefront, as high-quality drilling locations become scarce over the next decade.
News
August 28, 2023
Reinvestment rate surged to 72% in the second quarter, highs not seen since 2020, according to the study focusing on 18 companies that collectively account for about 40% of U.S. shale output.
News
August 25, 2023
Rigs targeting both crude and natural gas in the West Texas and southeast New Mexico region declined by 7 to 320 this week, according to data released Friday by Baker Hughes Co.
News
August 25, 2023
Crescent Point is lowering its 2023 annual average production guidance to a range of 156,000 to 161,000 boed, which represents a reduction of approximately 4,500 boed.
Article
August 2023
Are the days of sand proppant numbered?
News
August 24, 2023
This solution for onshore subsurface data acquisition empowers clients with the fastest conceivable access to their seismic images. By processing the data at its source, companies can now attain subsurface insights in record time.
News
August 24, 2023
Sinopec has received official certification for the 30.55 Bcm proven geological reserve of natural gas discovered in phase-I of its Bazhong gas field, a significant breakthrough of Sinopec's Project Deep Earth-Sichuan and Chongqing natural gas base.
Article
August 2023
A hybrid geophysical method enables engineers to understand the relationship between saltwater injection in the Ellenburger formation of West Texas and associated earthquake activity. The innovative combination of technologies provides operators with a reliable earthquake probability map to guide planning of injection wells and schedules to avoid environmental issues.
News
August 21, 2023
The reserve report reflects the quality and scale of the company’s 37,000 gross acre position, establishing a possibles reserves basis of approximately 285.3 MMboe with a PV10 value of roughly $2.4 billion.
