The development of HP/HT solid expandable systems extends capabilities for oil and gas operators to address the growing extremes of HP/HT wellbore construction.
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Subduction zones and associated forearc basins may hold significant undiscovered oil and gas reserves.
Private-equity firms have billions in dry powder; the only question is timing.
Acquire valuable data-driven insights to improve efficiencies and enhance condition monitoring by pairing human intuition with automation.
Energy Ministry ordered companies to cut production by 20%.
Another drawdown in U.S. crude stockpiles in official weekly data to be released on May 20 could support oil prices more, said John Kilduff, a partner at Again Capital Management in New York.
Before the coronavirus pandemic and the oil price war, public investors had already thrown down the gauntlet to E&Ps. Companies, arguably, were learning to adapt, and they must keep doing so to access public capital in the new environment.
Halliburton and larger rivals Schlumberger Ltd. and Baker Hughes Co. posted losses for the first quarter, owing to heavy writedowns on assets on the back of low oil prices.
A bright spot is that U.S. banks are not overly exposed to the oil sector's crisis.
Proceeds will be used to fund a cash tender offer that commenced May 18 for the purchase of notes Diamondback Energy acquired through its merger with Energen in 2018.
Oceaneering International Inc. has been awarded a considerable asset integrity contract on May 20 from a major operator based in Dubai, UAE.
ThoughtTrace Inc., a leading document intelligence and contract analytics software provider, has closed a $10 million financing on May 20 led by McRock Capital, along with Chevron Technology Ventures and existing investor Altira Group.
U.S. tight rock oil production exceeded 9 million barrels per day in March, according to the U.S. Energy Information Administration. The story began 20 years ago in Richland County, Mont., with a prospector, two wildcatters, Halliburton and a bold venture: land a lateral in the middle Bakken—and frac it.
Find out what E&P companies need to know as they navigate through the impact of a negative and/or depressed oil and gas commodity pricing environment.
Analysts say signs of market recovery are emerging, with some improvement expected later this year for frac companies and sand suppliers.
Here’s a quicklist of oil and gas assets on the market including a package of royalty interests located in Northern Oklahoma and Southern Kansas as part of a planned dissolution of the SandRidge Mississippian Trust II.
The deal was part of an $8.8 billion agreement reached between Total and Occidental to over Anadarko Petroleum's assets in Mozambique, Ghana, Algeria, and South Africa.
Diversified Gas & Oil’s EQT bolt-on, and an earlier deal with Carbon Energy, add upstream and midstream Appalachia assets primarily in West Virginia and Pennsylvania.
State agency says construction of NESE would violate water quality standards.
The first shipment of U.S. crude oil is heading to Belarus this week, fulfilling a commitment made in February, U.S. Secretary of State Mike Pompeo said.
DCP Midstream captures environmental excellence and energy conservations honors; Bartlett wins lifetime achievement.
Milestone achieved three months ahead of schedule.
The Gray Oak pipeline is one of the biggest new pipelines connecting the Permian Basin, the nation's largest oil field, to the U.S. Gulf Coast.