Onshore
News
October 14, 2024
KBR announced today it has been awarded an engineering and procurement services contract for the Beachfield Manatee upgrade, the onshore portion of the Manatee gas field project.
News
October 13, 2024
At least one investor is making a big bet that CNX Resources Corp. will keep climbing even as the natural gas producer’s stock reached a 10-year high this week.
News
October 11, 2024
Nigerian National Petroleum Corp. (NNPC) and partners including Shell, TotalEnergies and Agip struck a landmark deal to sell gas to the methanol-manufacturing project of the country’s Brass Fertilizer & Petrochemical Co. Ltd.
News
October 11, 2024
North Sea Midstream Partners (NSMP) has announced the successful start-up of a new onshore electric-drive compressor which will increase gas flows from Breagh Field.
News
October 10, 2024
Iraq’s semi-autonomous region of Kurdistan has cut its oil production by half upon request from Baghdad, as the second-largest producer in OPEC tries to meet its output quota.
News
October 09, 2024
In the third quarter of 2024, Petrobras recorded an average FUT of 95.2%. This period also saw a significant increase in the processing of pre-salt oil, which made up 73% of the total load in the distillation units.
News
October 08, 2024
Baker Hughes has announced its largest-ever order of Integrated Compressor Line units, awarded by Dubai Petroleum Establishment (DPE) on behalf of the Dubai Supply Authority.
News
October 08, 2024
The U.S. expects crude production to grow by just 320,000 bpd next year, much slower than previously estimated.
News
October 07, 2024
Shell saw continued strong performance from its natural gas and upstream businesses in the third quarter, even as oil-refining margins declined and it expects to lose money in chemicals.
News
October 07, 2024
More consolidation in the U.S. shale sector is needed to cope with soaring costs to identify and exploit untapped oil reserves, according to Kimmeridge Energy Management Co.
News
October 07, 2024
Libya’s oil production climbed above 1 MMbpd for the first time in two months, after the resolution of a political standoff in the OPEC nation that had curbed output and exports.
Article
September 2024
Continuing with the story from in prior columns, we’re looking at U.S. drilling activity to see how drilling performance has changed over the last few years and what it might say about how we can advance drilling even further.
Article
September 2024
What have we learned in exploration from working, not just to find commercial hydrocarbons, but also to understand fluid dynamics among fossil fuels, waters and other gases? Apparently, a lot.
Article
September 2024
After a year of upstream growth and success in 2023, operators are reducing costs, rig activity and drilling time in an effort to boost domestic energy security while returning cash to shareholders.
Article
September 2024
Based on the numbers our forecast, along with some anecdotal evidence from talking to industry professionals, I think it’s fair to say that the upstream industry is maintaining the status quo for the remainder of 2024, with great enthusiasm building for 2025.
News
October 06, 2024
Chesapeake Energy Corporation and Southwestern Energy Company have officially completed their merger, forming a newly rebranded entity, Expand Energy Corp.
News
October 04, 2024
Russia’s own data show its crude production in September fell just below its monthly target under the OPEC+ deal, according to people familiar with figures from the country’s Energy Ministry.
News
October 02, 2024
Pressure pumping operators across North America reduced diesel use by approximately 100 million gallons in 2023, thanks to Caterpillar Oil & Gas' Cat Tier 4 Dynamic Gas Blending (DGB) system.
News
October 02, 2024
The assets, located in Weld County, Colorado, add 5,592 net leasehold acres, 89 approved well permits, and 26 operated horizontal wells, enhancing Prairie’s cash flow in the DJ basin.
News
October 02, 2024
OPEC+ made no changes to plans to start gradually reviving oil production towards the end of the year, despite signs of an impending surplus.
News
October 01, 2024
Oilfield-service costs for U.S. shale drillers are expected to rebound in 2025, clawing back some of this year’s drop, as explorers expand the hunt for natural gas and extend sideways wells, according to industry consultant Enverus.
