The Latest

US Drillers Add Oil, Gas Rigs for Third Week in a Row

The oil and gas rig count, an early indicator of future output, rose three to 625 in the week to Dec. 1.

Bryan Sheffield: Asset Sellers Need Bid/Ask Therapy

Advisers need to sharpen their pencils at the negotiation table, E&P operator Bryan Sheffield said — because “all you're going to do is upset your seller by promising a market that you shouldn't. No one's going to pay you.”

Diversified Energy’s Case for Being ‘Right Company at Right Time’ [WATCH]

Douglas Kris, Diversified Energy senior vice president, discusses how its differentiated business model has separated it from risks associated with operations, commodity prices, financing and emissions while generating $1 billion in economic impact for stakeholders and Appalachia states.

DUG Appalachia: ‘Forgotten Child’ Ohio Sees Oil Output Soar

More than $100 billion in investments have poured into Ohio’s oil and gas sector in the past decade.

US Coast Guard Says 3% of Gulf of Mexico's Daily Oil Output Remains Shut In

No new oil has been spotted since Nov. 20 from the suspected release, the U.S. Coast Guard said as it leads clean-up efforts.

Petrobras Eyes Capex of $102B Under New Strategic Plan

Petrobras plans to invest $102 billion between 2024-2028 under its new strategic plan, up 31% compared to their 2023-2027 plan, aiming to achieve production of 3.2 MMboe/d by the end of the five-year timeframe.

The Future of Intelligent Wells? Even Smarter

Downhole components are also increasingly coping with higher pressure and temperature conditions and handling more zones than ever.

Tech Trends: Baker Hughes' Use of Sound for Well Construction [WATCH]

In this week's episode of Tech Trends with Hart Energy LIVE, learn how Baker Hughes uses sound to redefine the well construction process.

Commentary: LatAm Outlook 2024—Top Five Economies to Watch and Why

In 2024, energy investors interested in Latin America will likely find the most attractive opportunities linked to developments in Argentina, Brazil, Guyana, Mexico and Venezuela. That’s if they can hold their nerves amid ongoing uncertainties mainly tied to politics in many of the countries.

Suncor Energy Restarts Terra Nova Production

Suncor Energy has restarted the Terra Nova FPSO with production expected to ramp up in the coming months.