The Latest

W&T Offshore Adds John D. Buchanan to Board

W&T Offshore’s appointment of John D. Buchanan brings the number of company directors to six.

Lift-off: How AI is Boosting Field and Employee Productivity

From data extraction to well optimization, the oil and gas industry embraces AI.

US Drillers Cut Oil, Gas Rigs for Fourth Week in a Row-Baker Hughes

The oil and gas rig count, an early indicator of future output, fell by three to 617 in the week to April 12, the lowest since November.

Texas Earthquake Could Further Restrict Oil Companies' Saltwater Disposal Options

The quake was the largest yet in the Stanton Seismic Response Area in the Permian Basin, where regulators were already monitoring seismic activity linked to disposal of saltwater, a natural byproduct of oil and gas production.

Subsea7 Awarded Sizable Contract in GoM

Subsea7 will install a flowline for Talos’ Sunspear development in the Gulf of Mexico.

Exxon Mobil Green-lights $12.7B Whiptail Project Offshore Guyana

Exxon Mobil’s sixth development in the Stabroek Block will add 250,000 bbl/d capacity when it starts production in 2027.

Cardinal Energy Declares April Dividend

Canadian oil and gas company Cardinal Energy Ltd. will pay a CA$0.06 (US$0.044) per common share dividend.

CEO: Continental Adds Midland Basin Acreage, Explores Woodford, Barnett

Continental Resources is adding leases in Midland and Ector counties, Texas, as the private E&P hunts for drilling locations to explore. Continental is also testing deeper Barnett and Woodford intervals across its Permian footprint, CEO Doug Lawler said in an exclusive interview.

‘Unapologetic,’ Barclays Restarts E&P Coverage: ‘The World Needs Oil and Gas’

Barclays analysts, in restarting coverage of E&Ps, presented anti-hydrocarbon investors with “a reality check on energy transition.”

Haynesville’s Harsh Drilling Conditions Forge Tougher Tech

The Haynesville Shale’s high temperatures and tough rock have caused drillers to evolve, advancing technology that benefits the rest of the industry, experts said.