The Latest

Field Development

Williams Signs Deepwater Export Agreement for Gulf of Mexico Field

Williams said it reached an export agreement with Beacon Offshore and its co-owner for the Shenandoah deepwater oil field through its Discovery infrastructure in the central Gulf of Mexico.

June 17, 2021

Exploration & Production

North American Oil Service Firms’ Pricing, Hiring on the Upswing

Companies report drilling and well completions activity and pricing are edging higher.

June 17, 2021

Exploration & Production

Ring Energy Brings Northwest Shelf Wells Online in Permian Basin

Successful results from Ring Energy’s development program in the Permian Northwest Shelf are “encouraging and reinforce our confidence in the strong inventory of drilling locations on our NWS acreage,” says CEO Paul D. McKinney.

June 16, 2021

Field Development

BHP Taps McDermott for GoM Subsea Installation

The project is located approximately 138 miles (222 km) offshore in the Gulf of Mexico at a water depth of 4,400 ft.

June 16, 2021

Field Development

Subsea Integration Alliance Lands EPCI Contract for Bacalhau Field Offshore Brazil

Offshore activities will begin in 2022 using Subsea 7’s reel-lay, flex-lay and light construction vessels, Schlumberger says.

June 16, 2021

Exploration & Production

Federal Judge Halts Biden’s Pause on Oil and Gas Leasing

The Interior Department said it would comply with the ruling by a federal judge in Louisiana, but did not say when oil and gas leasing on public lands might resume.

June 16, 2021

Business

Oil and Gas Investor: Artificial Lift—An Uplifting Choice

The U.S. land artificial lift market continues to be one of the most dynamic segments as oil and gas operators strive to maximize production while optimizing lifting cost.

June 16, 2021

Exploration & Production

Petrobras Aims to Raise Gas Production, Imports amid Drought

Petrobras is also in talks with Bolivia’s YPFB to review gas contracts and increase supply to Brazil.

June 15, 2021

Exploration & Production

Equinor Plans to Spend More on Renewables as Oil Output Rises

Equinor said it would dedicate more than 50% of investments to renewables and CO2 capture by 2030, from less than 5% in 2020.

June 15, 2021

Reservoir Evaluation

Tech Trends (Week of June 14, 2021)

This weekly section highlights the latest upstream technologies designed to improve efficiencies.

June 14, 2021