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US Oil, Gas Rig Count Falls for Third Consecutive Week
2022-08-19 - The U.S. oil and gas rig count fell by one to 762 in the week to Aug. 19, Baker Hughes said. That was the first time drillers cut the rig count for three consecutive weeks since July 2020.
Crew Energy Divests Noncore Montney Assets for CA$130 Million
2022-08-19 - The divestiture includes approximately 47,025 net acres of Montney rights on land north of the Peace River with no associated production or facilities, according to Crew Energy.
LLOG Awards Contract for Salamanca Project in US Gulf of Mexico
2022-08-19 - LLOG Exploration Offshore and Audubon Engineering Co.'s collaborative efforts will make LLOG's Salamanca project the first repurposed hub in the U.S. Gulf of Mexico.
Lukoil Says No Lawful Grounds for Postponing Ghana Oil Field Submission
2022-08-19 - Aker Energy, controlled by Aker ASA, owns 50% of the deepwater block off Ghana where the Pecan Field is located, while Lukoil holds 38%, Ghana National Petroleum Corp. has 10%, and Fueltrade 2%.
Kazakhstan Secures Extra Gas Supply from Chevron-led Tengiz Field
2022-08-18 - Kazakh President Kassym-Jomart Tokayev met Chevron CEO Michael Wirth in Kazakhstan on Aug. 18 and also discussed with him potential investments in petrochemicals and the expansion of Karachaganak, another giant oil project.