The Latest

Highlights

E&P Plus: October 2020 US Drilling Activity Highlights

Check out the latest oil and gas drilling activity highlights across the U.S. featured in the October issue of E&P Plus including Chesapeake Energy Marcellus Shale discoveries plus a Wolfcamp well tested by Occidental Petroleum in New Mexico’s Eddy County.

October 21, 2020
Sponsored Content

IndustryVoice: Overcoming the Challenges of Drilling Scheduling: On Schedule to More Efficient Production

Why the right AI-powered scheduling tool makes all the difference to drilling programs.

October 21, 2020

Exploration & Production

The Energy Supply Chain of the Future

The oil and gas industry will be around. But what will it look like, and how will the supply chain that supports that industry look?

October 21, 2020

Exploration & Production

Petrobras Boosts Production Outlook in Recovery from COVID-19 Halts

Petrobras said it expects to produce roughly 2.84 million barrels of oil equivalent per day this year, up from its previous estimate of 2.7 MMboe/d.

October 21, 2020

Earnings

Baker Hughes Posts Third Straight Quarterly Loss as Demand Still Hurt

Revenue from Baker Hughes’ oilfield services unit, which accounts for nearly 46% of its total sales, fell 31% to $2.31 billion in the third quarter.

October 21, 2020

Exploration & Production

Baker Hughes VP of Drilling: Remote Drilling Is Here to Stay

Paul Madero, vice president of drilling services with Baker Hughes, explains why remote and autonomous drilling operations will enable better wells and better production.

October 21, 2020

Exploration & Production

Iraq Flags Oil Project Delays, Sees Recovery Next Year

The Iraqi oil minister said he expects Iraq will raise its oil production capacity to 7 million bbl/d in the next five to six years, from around 5 million bbl/d now.

October 21, 2020

Public Capital

Pioneer Natural Resources to Acquire Parsley Energy in All-stock Merger

The merger of the two shale producers, both Permian Basin pure-plays, follows a growing wave of consolidation, which Enverus’ Andrew Dittmar described as a “historic winnowing of U.S.-based independent E&P companies.”

October 20, 2020

Exploration & Production

BP, Chevron, Dril-Quip, Hess, Kosmos Talk Deep Water

Energy industry leaders say technology and standardization are critical to lowering costs and improving efficiency offshore.

October 20, 2020

Field Development

E&P Regional Report: South America’s Pending Success to Overshadow Harsh 2020

Upstream activity will fuel the region as a leader on the road to recovery.

October 20, 2020