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Exxon Mobil, Imperial Sell Canada Shale Assets for $1.5 Billion Cash
2022-06-28 - Imperial and Exxon Mobil agreed to sell XTO Energy Canada, a jointly owned shale producer in Western Canada, in an all-cash transaction to Whitecap Resources.
Outlook: Current Oil and Gas Boom Cycle Opposite ‘in Every Way’
2022-05-24 - In an industry of cycles, here’s why the current oil and gas boom is unique and what experts at a recent industry event in Houston say operators need to figure out before the next bust.
Tall City Exploration’s ‘Simple’ Yet Technical Permian Basin Approach
2022-05-31 - Tall City Exploration CEO Mike Oestmann divulges the Permian producer’s recipe for success and why he believes the company has only “scratched the surface” so far in the southern Delaware Basin.
Patterson-UTI, Helmerich & Payne Eye Higher Prices Amid Tight OFS Market
2022-04-28 - U.S. oilfield service firm Patterson-UTI Energy said it is seeing significant price increases for both drilling and hydraulic fracturing and rival contract driller Helmerich & Payne said it was contracting some rigs around $30,000 per day.
Sembcorp Delivers World’s First 8th-gen Ultradeepwater Drillship
2022-06-29 - The world’s first eighth-generation drillship, the Deepwater Atlas, is expected to begin operations at the Shenandoah project in the Gulf of Mexico later this year, according to a Transocean release.