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‘Lots of Running Room’ Left in Marcellus Shale—with One Caveat
2022-06-21 - “There’s lots of running room” in the Marcellus Shale for operators developing from an ESG perspective, Randall Wright, president of Wright & Co Inc., told DUG East attendees.
Petroecuador Launches Auction to Ramp Up Offshore Gas Output
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.
Biden Administration to Hold First Onshore Oil, Gas Lease Sale
2022-06-28 - The BLM lease sales will run June 29-30 and will cover more than 140,000 acres across eight Western states, posing a test of the oil and gas industry's demand for new prospects at a time of soaring global energy prices.
Four North Sea Oil Producers Join Forces in Carbon Storage Scheme
2022-06-21 - Exxon Mobil Corp., Neptune Energy, EBN Capital and Rosewood Exploration agreed to develop the L10 North Sea carbon capture and storage project, aiming to have a design finalized by year-end 2022.
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.