Exploration

News
February 02, 2023
U.S. shale companies are set to post yet another strong set of earnings, off the back of robust oil and gas prices in the fourth quarter. But the biggest question for analysts and investors remains whether the industry’s bumper cash flow will tempt them to drill more.
News
December 21, 2022
Carmo Energy, a subsidiary of Cobra IS, will oversee the maintenance of these facilities and of the work to upgrade them to technical and environmental standards. It will be remunerated through their exploitation.
News
December 20, 2022
Each of the three Wolfcamp B horizontals had approximately 9,900 feet of completed lateral, averaging 95% within U.S. Energy's 33' target window at a TVD of 10,979'. A total of 198 stages were completed in 31 days with 99.5% of the designed proppant volume and 105.3% of the designed fluid volume placed.
News
December 02, 2022
The short supply of labor in the US oil patch has plagued exploration and production companies all year, and the tightness continues.
News
October 06, 2022
OPEC+’s decision to lower its oil-production cap may set the stage for higher prices that would enable U.S. explorers to expand drilling, according to shale entrepreneur Matt Gallagher.
News
October 03, 2022
American operator Zion Oil and Gas continues to be optimistic about a wildcat well it has drilled onshore Israel.
News
September 27, 2022
The Mangat Group, a Glendale-based land development group, announced a new partnership with Phoenix-based Liberty Petroleum Corporation in pursuit of a world-class exploration project with the potential to uncover a significant amount of oil.
Article
September 2022
Answer: well, not if taxes take all “its” benefits. The new Anti-Inflation legislation in the U.S. appears to be a victim of pandemic stupidity among governments.
News
August 08, 2022
Touchstone Exploration Inc. is preparing for the Trinidad and Tobago Environmental Management Authority to make a final decision on a Certificate of Environmental Clearance for its oil and gas exploration project by September 15.
News
August 05, 2022
Canadian Overseas Petroleum Limited and its affiliates have received a Resource Report prepared by independent energy consultancy Ryder Scott confirming its deep oil discovery on its affiliate COPL America Inc.’s lands in Converse and Natrona counties, Wyoming.
News
July 29, 2022
Shale explorers are searching for oil at rates not seen since the early weeks of the pandemic as high crude prices incentivize drilling.
News
July 22, 2022
Schlumberger said annual sales will rise the most in 11 years as concern over inadequate energy supplies outweighs recessionary fears among major oil explorers.
Article
July 2022
After improving considerably during first-quarter 2022, E&P activity in the southwestern U.S. grew further in the second quarter, hitting its highest level in the Dallas Fed survey’s six-year history. However, cost escalations and supply chain issues are major problems.
Article
July 2022
In the category of not throwing rocks, while SEG and AAPG waived formally merging, the two societies are, for the first time, in their respective histories co-sponsoring their annual conventions/conferences during the same week, at the same facility, in Houston this fall.
News
June 29, 2022
Environmental groups sued the Biden administration to block its revival of plans to allow new oil drilling on public land in western states.
Article
June 2022
The invasion of Ukraine in February has burdened Russia’s exploration and production industry with a second round of constraints that have deep and far-ranging consequences.
News
June 10, 2022
Shell Plc is set to receive two final offers this week for its onshore oil and gas fields in Nigeria, according to people with knowledge of the matter.
News
June 02, 2022
African hydrocarbon producing countries are increasing oil and gas licensing rounds to be able to stabilize supply of hydrocarbons in years to come to meet growing energy demand as output in legacy projects declines.
News
May 25, 2022
Invictus Energy is currently planning its maiden drilling campaign in the Cabora Bassa Basin in Zimbabwe which is estimated to commence in July, said Scott Macmillan, Managing Director of Invictus Energy.
News
May 25, 2022
Petrodel Resources Ltd., oil and gas reserves development and energy company, has announced its intention to revive its operations in Tanzania.
Article
May 2022
Exploration has been occurring ever since the first family of upright humans asked “what’s over there,” deciding to move to greener ground.
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