In case you missed it, here’s a look at this week’s top five drilling activity highlights from around the world.
- Chesapeake Reports Results From Two High-volume Marcellus Producers
- Haynesville Shale Completion Flows 50.2 MMcf Of Gas Per Day
- Middle Three Forks and Middle Bakken Discoveries Completed By Continental Resources
- Gas Discovery Producing From Pretty Hill In Otway Basin
- ConocoPhillips Files Notices Of Staking For Nine Delineation Tests At NPR-A In Alaska
For more up-to-date information on the latest U.S. and international exploration wells visit Hart Energy’s online Drilling Activity Highlights database.
Oil producers need to resume cooperation in an effort to stabilize the global market, Russian and OPEC officials said, as the industry reels from a demand and price collapse caused by the coronavirus pandemic and an emerging price war.
The collapse in demand and of energy diplomacy between Saudi Arabia, Russia and others have triggered unprecedented responses from governments and investors. Here are ten signs of an oil industry in distress.
IEA's Fatih Birol said that, despite huge demand destruction, oil supply was nevertheless set to rise by another 3 million bbl/d as part of Saudi Arabia's market share battle with Russia.