Recommended Reading
Alaska Forecast Predicts North Slope Oil Production To Continue Slide
Alaska North Slope oil production has slipped below 500,000 barrels per day and will decline further in coming years, according to the latest forecast released by the state Department of Revenue.
Mexico's Pemex Announces Discovery Of 'Giant' Crude Oil Deposit
Mexican state oil company Pemex said on Dec. 6 it has discovered a deposit in southeastern Mexico that could yield 500 million barrels of crude, calling it the largest such finding in more than 30 years.
Three-Way Midland Basin Combination Creates $1.5 Billion E&P
The deal would create the largest pure-play northern Midland Basin E&P with a 73,000-net-acre position and 12,000 boe/d of production that is expected to more than double through 2020.