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Pemex’s Glaring Gas Flaring Problem
Mexico’s Petroleos Mexicanos (Pemex) continues to flare significant gas volumes amid a lack of regulatory or economic incentive for the company to do the contrary, an analyst with Houston-based Welligence told Hart Energy.
Ecopetrol, Shell Find Gas at Gorgon-2 Well Offshore Colombia
Ecopetrol and Shell boast success at the ultra-deep-water Gorgon-2 well, which confirms the extension of a natural gas province offshore Colombia’s southern Caribbean coast.
International E&P Highlights: Papua New Guinea
Though recent operational growth in Papua New Guinea has slowed, potential remains for further project development from PNG operators Exxon Mobil and TotalEnergies.
Operators Urged to Brace for ‘Above-normal’ Atlantic Hurricane Season
BSEE is requiring oil and gas operators in the Gulf of Mexico to include a reporting schedule for hurricane and storm evacuations.
More Top Stories in Exporation & Production
LLOG Awards Contract for Salamanca Project in US Gulf of Mexico
LLOG Exploration Offshore and Audubon Engineering Co.'s collaborative efforts will make LLOG's Salamanca project the first repurposed hub in the U.S. Gulf of Mexico.
August 19, 2022
Lukoil Says No Lawful Grounds for Postponing Ghana Oil Field Submission
Aker Energy, controlled by Aker ASA, owns 50% of the deepwater block off Ghana where the Pecan Field is located, while Lukoil holds 38%, Ghana National Petroleum Corp. has 10%, and Fueltrade 2%.
August 19, 2022
Kazakhstan Secures Extra Gas Supply from Chevron-led Tengiz Field
Kazakh President Kassym-Jomart Tokayev met Chevron CEO Michael Wirth in Kazakhstan on Aug. 18 and also discussed with him potential investments in petrochemicals and the expansion of Karachaganak, another giant oil project.
August 18, 2022
Continental Resources Promotes Doug Lawler to President, COO
Doug Lawler joined Continental Resources in February as COO and executive vice president following three decades in the oil and gas industry.
August 18, 2022
US Court Vacates Decision to Block Federal Oil, Gas Leasing Pause
The 5th U.S. Circuit Court of Appeals vacated the Louisiana district court decision to block the Interior Department’s leasing pause after Louisiana and a dozen states sued the administration established arguing that they would suffer injury from the policy.
August 17, 2022
Exxon Mobil Signs Agreement for Deepwater Exploration Offshore India
Exxon Mobil has been looking to buy a stake in local deepwater fields of ONGC for some time.
August 17, 2022
Aker Energy Postpones Ghana Oilfield Plan amid Lukoil’s Involvement
The partners will not submit a development plan for its Pecan oil field to Ghanaian authorities “until the challenges have been resolved,” Aker ASA CEO Oeyvind Eriksen told a call with analysts.
August 17, 2022
EOG, Comstock, Murphy Oil Disclose A&D Deals in Earnings Reports
U.S. independent oil and gas producers EOG, Comstock and Murphy Oil reported A&D in the Midcontinent, Rockies, Haynesville Shale and offshore amid a sporadic first half of dealmaking.
August 17, 2022
Australia's Santos Surprises with Backing for Alaska Oil Project
Santos shares fell 2.4% upon announcing the company's backing of the Pikka Alaskan oil project valued at $2.6 billion.
August 17, 2022
Analyst: Chinese Liquids Production to Decline Within a Decade
Much of Chinese production comes from mature fields, where infill drilling is the name of the game to keep output flat.
August 16, 2022