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Best of This Week’s Drilling Activity Highlights (July 31, 2020)
An Alaskan North Slope oil discovery by Oil Search plus plans for deep, unconventional gas exploratory wells in Saudi Arabia’s Rub al-Khali region top this week’s drilling activity highlights from around the world.
Chevron's Shale Allies Are Its Secret Weapon In Exxon Race
Chevron Corp. is turning to joint ventures and drilling alliances in its bid to dominate the Permian Basin after abandoning a takeover that would have made it the leading producer in the world's biggest shale field.
Chevron Uses Permian Basin War Chest To Boost Production
Chevron is benefiting from its large acreage position in the Permian Basin and technology as it works to grow production to 650,000 boe/d by year-end 2022.