The Latest

Public Capital

Chesapeake Energy 2020 Oil Production Plan Disappoints, Shares Slide

Shale pioneer Chesapeake Energy has been shifting to higher-margin oil production in response to sliding gas prices caused by a global supply glut.

February 26, 2020

Exploration & Production

Rubio Confident Trump Will Extend Fla. Offshore Drilling Ban

Senator lifted hold on nomination of Interior official who backed drilling.

February 26, 2020

Exploration & Production

Lebanon Plans To Begin Drilling For Oil, Gas Offshore This Week

A consortium of France’s Total, Italy’s Eni and Russia’s Novatek signed an agreement with Lebanon in 2018 to explore for oil and gas in two offshore blocks.

February 26, 2020

Exploration & Production

Apache, Pharos Energy Among Bidders For Shell’s Egypt Onshore Assets

Shell’s Western Desert portfolio includes stakes in 19 oil and gas leases.

February 26, 2020

Business

Trump Admin In Talks About Chevron’s Operations In Venezuela

The Trump administration is in discussions about whether to renew a license for Chevron's operations in Venezuela as Washington looks to increase pressure on its socialist leader.

February 26, 2020

Business

Schlumberger CEO: US Shale Oil Production Growth To Slow In 2020

Lower oil prices and investor demand for higher returns have forced U.S. shale producers to scale back investment after production surged over the past three years.

February 25, 2020

Deepwater

Offshore Exploration: All Eyes On Brazil’s Presalt Basins

Increased E&P activity is expected in the prolific presalt basins of Brazil, which hold billions of barrels of recoverable oil reserves.

February 25, 2020

Exploration & Production

E&P Technology: Flow Assurance In The Digital Laboratory

Using high-throughput experimentation develops effective pour point depressant technologies.

February 25, 2020

Unconventional

Torchlight Energy Strikes Oil, Gas At Orogrande Test Well

The oil producer said it expects the new field—The Upper Pennsylvanian Silt (WolfPenn)—to be an oil-rich reservoir with significant volumes of gas as well.

February 25, 2020

Exploration & Production

Kosmos Gears Up For More Exploration Drilling In GoM

Upcoming three infrastructure-led exploration wells planned by Kosmos in the GoM include Spencer/Tiberius, Zora/Honey Ryde, and Highland Rim.

February 25, 2020