The largest change to the U.S. rig count in the last week was in the Anadarko Basin, where six rigs were added—all additions came from previously inactive companies firing up a rig.
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EOG Resources Austin Chalk wells, Diamondback and Centennial completions in the Permian’s Delaware Basin plus more drilling planned by Shell at its Blacktip prospect in the U.S. Gulf of Mexico top this week’s oil and gas drilling activity highlights from around the world.
From COVID-19 vaccines to the rise in oil rigs and solidifying oil prices, here are some encouraging trends in the upstream oil and gas business, according to the president of Ralph E. Davis Associates, an Opportune company.
Instead of a carbon tax, Vicki Hollub, CEO of U.S. shale producer Occidental Petroleum, says she prefers the use of tax credits incentivizing the development of carbon capture projects.
In its latest oil price forecast, Stratas Advisors explores whether oil prices will rebound in the second quarter or continue on the downward trend of the last several weeks.
Analysts said it was normal for LNG plants and gas pipelines supplying them to shut for maintenance in the spring when demand is low.
The new agreement will bring LNG direct to a growth area in a strategic market.
Rice Acquisition Corp. agreed to a business combination worth over $1 billion with Aria Energy and Archaea Energy, both of which are leaders in the U.S. landfill gas and renewable natural gas sectors.
Glen Warren, who currently serves as president and CFO of Antero Resources and president of Antero Midstream, co-founded the Appalachia shale producer in 2002 alongside CEO Paul Rady.
UK projects include the world’s first 100% hydrogen-fueled power station.
Driven by natural gas customer demand and broader ESG trends, Project Canary is working with nearly 100 partners across the energy sector, including investors, oil and gas producers, pipeline operators, utilities and LNG providers.
In this case study, Gyrodata explains how a “first-of-its-kind” solid-state gyro-while-drilling system drove efficiency and wellbore placement improvements for an offshore oil and gas operator in the North Sea.
The companies will collaborate to develop and execute large scale, complex green renewable hydrogen projects in select regions across the world.
Accelerates deployment of Andium’s next generation IIoT Remote monitoring capabilities focused on reducing emissions across the oil and gas sector.
Argos is set to become BP’s fifth operated platform in the GoM and the first new platform since Thunder Horse began production in 2008, the company said.
Analysts forecast about 65 to 80 high-impact oil and gas exploration and appraisal wells will be drilled this year after a plunge in activity in 2020.
Upstream and midstream operators in New Mexico, home to part of the prolific Permian Basin, are now required to capture 98% of natural gas waste by year-end 2026.
The sale to Enerplus consists of non-strategic interests in Bakken acreage in North Dakota that CEO John Hess said the company wasn’t planning on drilling before 2026.
Slash Exploration LP retained EnergyNet for the sale of a Permian Basin opportunity in New Mexico’s Eddy County through a sealed-bid offering closing April 14.
Mallard Exploration has exclusively retained Eagle River Energy Advisors to solicit partnerships for certain operated producing, drilled uncompleted and/or development working interest assets in the Denver-Julesburg Basin of rural Weld County in Colorado.
Here’s a snapshot of recent energy deals including two large Permian Basin deals including the surprise $6.4 billion acquisition of DoublePoint Energy by Pioneer Natural Resources.
Hart Energy and Cornerstone have teamed up to bring you Energy Policy Watch. In this first installment, host Jack Belcher talks to Texas Railroad Commissioner Christi Craddick about the Railroad Commission’s actions in unprecedented times and lays out a vision for meeting oil and gas policy challenges of the future.
The new Trafigura carbon trading team, to be headed by Hannah Hauman, will be based in Geneva, Houston and Singapore.
West Virginia senator walks a political tightrope with infrastructure bill’s push against fossil fuels.
Unwinding tax breaks on fossil fuel companies could face opposition from Biden's fellow Democrats in the U.S. Congress from energy-producing states.
Pinnacle Midstream founder Greg Sargent is confident in the Permian Basin and the industry’s ability to “conform and prosper as we always have” to new conditions and regulations.
The EIG-led group signed a lease and lease-back agreement with Aramco, acquiring the equity stake in the newly formed Aramco Oil Pipelines Co.
The move leaves the decision on shutting down the pipeline with the U.S. District Court of the District of Columbia.
The market has been increasingly worried about a possible shutdown of the Dakota Access pipeline, which ships up to 570,000 barrels of North Dakota's crude oil production to the U.S. Midwest and Gulf Coast.