As the platform U.S. E&P operator subsidiary for Osaka Gas USA Corp., Sabine Oil & Gas is developing its 175,000 net acres in East Texas with a long-term view, rather than toward an exit. Learn here of its portfolio, plans and results.
Doug Krenek, President & CEO, Sabine Oil & Gas
Russia's Oil Heartland in Siberia Boosts Drilling in March
2023-04-24 - West Siberia boosted oil well drilling in March as it tries to keep up production capacity amid Russian output cuts.
Drilling Underway for Deep Earth Well in China
2023-05-08 - Sinopec’s well has a depth of 9,472 m, which makes it the deepest oil and gas well in Asia.
Norwegian Oil and Gas Platform to Resume Operations After Spill
2023-04-18 - Operations at the Njord A oil and gas platform in the Norwegian Sea will resume on April 18 after an oil leak was found on April 17 of less than 200 liters.
Total-led Consortium to Start Drilling Offshore Lebanon in September
2023-05-09 - Lebanon's energy minister Fayyad is hopeful that if a discovery is made, more investments in the country's offshore oil and gas sector will be unlocked.
Occidental CEO: US Permian Production Has Yet to Hit Peak
2023-04-12 - Occidental Petroleum CEO Vicki Hollub said Permian Basin hasn't yet peaked while Pioneer Natural Resources CEO Scott Sheffield said prices could hit $90 per barrel or more this year.