News
October 10, 2023
(WO) — Vitesse Energy has acquired additional oil and gas interests in the Williston basin of North Dakota, resulting in approximately $50 million of acquisition and related development capital expenditures, primarily in the third and fourth quarters of 2023., the company said on Oct. 9.
News
October 10, 2023
Kolibri Global Energy reported that its latest set of down-spaced wells in the Tishomingo field, Oklahoma, are yielding higher production rates compared to its earlier wells in the same area
News
October 09, 2023
Ozona CCS LLC has reached a definitive agreement with a private landowner to lease 5,722.79 contiguous acres of pore space in Loving County, Texas, for the purpose of drilling multiple commercial carbon dioxide (CO2) sequestration wells in the Permian basin.
News
October 09, 2023
Civitas Resources entered into an agreement with Vencer Energy, a Vitol investment, to acquire oil-producing assets in the Midland basin of West Texas for approximately $2.1 billion.
News
October 06, 2023
The deal would be Exxon’s biggest acquisition since merging with Mobil Corp. in 1999, and would make the energy giant the top producer in the most prolific U.S. oil basin.
Webcast

Practical Solutions to Decarbonizing Drilling Operations

November 08, 2023
Canrig Drilling Technologies
Tackling scope one emissions from oil and gas operations requires innovative, purpose-built technologies that are economic and scalable. By incorporating a combination of advanced technologies such as engine management, fuel enhancing additives, traditional highline power sources, and energy storage systems into drilling operations we can effectively reduce scope one emissions from operations. We will showcase our comprehensive portfolio of drilling technologies, designed to reduce carbon emissions and fuel costs across the globe, regardless of rig type.
News
October 01, 2023
The nation’s production rose to 12.991 MMbpd, the highest since a peak of 13 MMbpd in November 2019, according to data from the Energy Information Administration. Most of the gain came from Texas, where oil drillers produced a record 5.63 MMbpd.
News
September 28, 2023
TAG Oil Ltd. has commenced drilling the horizontal portion of the BED4-T100 ("T100") well in the Badr oil field ("BED-1") in the Western Desert of Egypt. TAG Oil successfully drilled the vertical pilot hole to a depth of 3,290 m.
News
September 28, 2023
The Toronto-based company sees its natural gas production rising to 60 MMcfd in the third quarter of 2024 as its Sinu-9 block comes online in the Lower Magdalena basin, according to Chief Financial Officer Jorge Fonseca.
News
September 27, 2023
In addition to expressing concerns regarding costs, executives continued to criticize President Joe Biden for his energy policy that many see as intended to run them out of business.
News
September 26, 2023
The survey is designed to assist in the evaluation and horizontal development of multiple zones, including the emerging Barnett Shale, Mississippi Lime, and Devonian horizons, which are highly prospective with analogous play concepts having been proven just north of Pontiac in Andrews County.
News
September 26, 2023
Shale executives issued calls for the Biden administration to adopt consistent policies that will allow them to drill more. Failure to do so, they warned, will lead to tighter energy supplies and higher prices. 
News
September 25, 2023
The Permian Strategic Partnership welcomed its 25th member, Liberty Energy, a North American oil field services firm that offers suites of completion services and technologies to onshore oil and natural gas exploration and production companies.
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.
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