Production
News
March 31, 2022
Iraq’s government has told Kurdistan to transfer its oil and gas activities to a new company ahead of Baghdad’s takeover of the region’s operations, according to a document seen by Bloomberg.
News
March 29, 2022
Saudi Arabia and the United Arab Emirates said the U.S. must trust OPEC+’s strategy, as Washington and other major importers call on the group to hike oil production following Russia’s invasion of Ukraine.
News
March 28, 2022
Canada’s oil sands would play the biggest role in the government’s pledge to boost crude and natural gas exports by 300,000 barrels a day this year to compensate for Russian supplies.
News
March 18, 2022
The Biden administration said it would resume plans for oil and gas drilling on federal lands after a federal appeals court granted a White House request to allow the administration to use a revamped metric for calculating the potential cost to society of greenhouse gas emissions.
News
March 18, 2022
The activist investor that forced a board shakeup at Exxon Mobil Corp. to accelerate a move to clean energy is calling on U.S. shale to produce more.
News
March 16, 2022
Valero Energy Corp and Marathon Petroleum Corp., along with Shell Plc’s trading unit, are rushing to secure Ecuadorian barrels after America banned imports of Russian crude.
News
March 15, 2022
Demand for rigs is now higher than it’s been in years, and the Canadian summer drilling season is likely to start earlier than usual.
News
March 14, 2022
Even before Russia’s invasion of Ukraine sent shockwaves through the oil market, U.S. shale producers had been exiting their price hedges for months.
News
March 14, 2022
Shell Plc and Eni SpA both declared force majeure on key oil flows from Nigeria, threatening to disrupt supplies in a market that’s already fretting about the impact of Russia’s invasion of Ukraine.
News
March 14, 2022
Schlumberger announced it has been awarded an extensive contract for drilling, completions and production services by TotalEnergies for its Tilenga onshore oil development in Uganda.
News
March 11, 2022
Back-to-back appearances by U.S. Senators Joe Manchin and Lisa Murkowski put a dramatic flourish to the final day of the week-long CERAWeek by S&P Global conference in Houston on Friday.
News
March 11, 2022
The war in Ukraine has touched off a feud between the White House and U.S. oil industry as many companies reap record profits from rising prices despite pumping less crude than before the pandemic.
News
February 23, 2022
Diamondback Energy Inc. Chairman and CEO Travis Stice said the shale driller will maintain flat production in the Permian Basin this year.
News
February 17, 2022
Marathon Oil Corp. said oil and natural gas production won’t increase this year as it concentrates on pouring cash into dividends and share buybacks.
News
February 16, 2022
Iraq’s Federal Supreme Court ruled that Kurdistan shouldn’t produce and export oil and gas independent of the central government in Baghdad.
News
February 15, 2022
API published an important first-edition document focused on improving the safety of onshore drilling and production operations.
News
February 08, 2022
The heat treatment line is part of the manufacturing process which gives pipe their required metallurgical properties for enhanced performance in oil and gas wells.
Webcast
Artificial Lift & Production Optimization Forum: Winter 2022
February 22, 2022
BlackJack Production Tools, Black Mamba Rod Lift, ChampionX
During this 60 minute live webcast, Moderator, Joe D. Woods, President, International Pinpoint, will lead discussion on these topics: 1) "Exceptional Gas Separation Performance Enables High Production Targets and Long-term Reliability," presented by Brian Ellithorp, President, BlackJack Production Tools and Echometer UPS. 2) "End-to-End Rod Control Expands Rod Lift Potential," presented by Jonathan Martin, Co-Founder, President, Black Mamba Rod Lift. 3) "Advancing Artificial Lift with Artificial Intelligence," presented by Ron Holsey, Vice President, Theta Automation and Optimization, ChampionX.
News
February 04, 2022
Output in the U.S. shale patch is “re-booming” this year, with research and data analysis firm Lium LLC forecasting production will surge by more than 1 million barrels a day.
News
February 02, 2022
The final investment decision taken on Lake Albert Resources Development Project is the second-largest FID taken in the oil and gas industry in the last two years, said an oil and gas analyst at GlobalData.
News
February 01, 2022
TotalEnergies and its partners reached a final investment decision worth over $10 billion to produce Uganda’s oil discoveries and build a pipeline that will turn the country into a significant crude exporter.
