2022-06-28 - The $627 million deal adds 86 net locations in the Permian Basin and boosts Earthstone Energy’s production by an estimated 26%.
2022-05-12 - The three sales were the last to be held under a 5-year plan for leasing in federal waters on the outer continental shelf. That plan expires in June, and the Biden administration has not finalized a new program.
2022-06-27 - Last week, a Ukrainian strike forced the suspension of work on three platforms.
2022-04-22 - In an effort to restart unfinished oil drilling projects in Venezuela, U.S. firms such as Baker Hughes, Schlumberger, Halliburton and Weatherford have joined the appeal in Washington to authorize drilling projects in the country.
2022-06-10 - Petroecuador "seeks to increase production at the Amistad field and maximize the recovery factor of its deposits in the block," the company said in a release.