Jeff Fisher, CEO of Utica-focused Ascent Resources
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Australia’s Woodside Sees Reserve Base Tripling As New Projects Progress
Success in those projects would result in its reserve base reaching 3.7 billion barrels over the next seven years and help Woodside expand production by 6% a year over the next decade, the company said.
EIA: US Shale Oil Output To Hit Record 9.1 Million Barrels Per Day In December
Output at the largest formation, the Permian Basin of Texas and New Mexico, is expected to rise 57,000 bbl/d to 4.73 MMbbl/d.
BP Makes Gas Discovery Offshore Trinidad
Plans are for the well, which was drilled into two untested fault blocks east of the Cashima Field, to be completed by the end of November, the company said.