Increased E&P activity is expected in the prolific presalt basins of Brazil, which hold billions of barrels of recoverable oil reserves.
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The NexStage silo system is a versatile proppant storage solution with high volume options to meet the demands of the largest hydraulic fracturing jobs.
The best way to get a boots-on-the-ground update for West Texas’ resource development activity is to register and attend the 2020 DUG Permian Basin Conference & Exhibition coming in April.
Higher education in energy, through graduate business and technical degree programs, offers new opportunities for executives to diversify their skills and accelerate their career paths.
Oil pricing agency S&P Global Platts said Feb. 24 the market focus was on WTI Midland crude as a potential addition to dated Brent, a move that would look beyond its North Sea home.
U.S. shale oil drillers could scale back investment in production more quickly than previously expected this year after prices slid for what had been a lucrative by-product.
Following Mark Papa’s retirement, the board of Permian shale operator Centennial Resource Development has decided to separate the roles of chairman and CEO.
David T. Merrill has been elected to serve as CEO and president of Unit Corp., which is engaged through its subsidiaries in E&P, contract drilling and gas gathering and processing.
Company intends to regain compliance by lifting stock above $1 per share.
“The board and I are confident that now is the right time to transition leadership responsibilities to the next generation of talent,” Noble Corp. CEO Julie J. Robertson said in a statement.
Hunting Plc, the international energy services group, has completed the acquisition of Enpro Subsea Ltd. on Feb. 21 for a total consideration of $33 million payable on completion, plus a potential maximum earn out of $3 million based on EBITDA performance in 2020.
Siemens was awarded a contract by Arabian Drilling Co. on Feb. 19 to modernize a complete and integrated drilling-drives lineup, including auxiliaries and controls, which will be installed on an offshore jackup drilling rig for a customer in the Middle East.
VAALCO Energy Inc. said Feb. 18 that the South East Etame 4P appraisal wellbore drilled from the VAALCO operated South East Etame North Tchibala platform offshore Gabon in the Etame Marin permit area successfully encountered oil sands in the Gamba formation.
Leading independents in the Permian Basin—Diamondback, Pioneer and Concho—are preparing to release quarterly results this week, which are expected to show a cautious approach for the year ahead.
Here’s a snapshot of energy deals from the past week including a $22.5 million bolt-on acquisition by Laredo Petroleum to its Midland Basin position.
Merrion Oil & Gas retained EnergyNet for the sale of overriding royalty interest package in the Permian Basin through a sealed-bid offering closing March 10.
Sierra EF LP retained Detring Energy Advisors to market for sale its oil and gas producing properties, leasehold, and related assets located in the Eagle Ford Shale.
Here’s a quicklist of oil and gas assets on the market including a Powder River Basin package from SilverBow Resources and Overland Energy Partners’ Williston Basin minerals.
From renewable power projects to cutting emissions from oil and gas operations, supermajors on both sides of the Atlantic are taking different approaches to going greener.
Pioneer Natural Resources CEO Scott Sheffield called on oil and gas investors to sell shares or pull funding from companies that have rates of natural gas flaring.
Protesters have blocked lines in Ontario, Quebec and Alberta in solidarity with a British Columbia aboriginal band seeking to stop the construction of a gas pipeline over its land.
Greenfield projects like the Northeast gas pipe are too risky at the moment, the company says.
Phillips 66 Partners agreed to acquire a 50% stake in the Liberty Pipeline, a $1.6 billion project to transport Rockies and Bakken crude oil production to Oklahoma’s Cushing hub.