The Latest

Drillers Cut Oil, Gas Rigs for 7th Week to Lowest Since 2021, Baker Hughes Says

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a seventh week in a row to the lowest since November 2021.

DNV: Turning Point Arrives for CCS

The Northern Lights joint venture and Occidental’s 1PointFive are among the companies moving CCS projects forward.

IPAA Seeking New CEO as Eshelman to Take New Role

IPAA’s chairman Mike Hillebrand told members in an email that the next CEO would be “a visionary, dynamic leader who understands the unique challenges and opportunities facing our diverse membership.”

Cenovus Restores Production at Christina Lake Following Wildfires

Cenovus Energy said site inspections confirmed there was no damage to its infrastructure following wildfires in Alberta.

XGS Energy, Meta Team Up for 150-MW Geothermal Project in NM

The project, which will be developed in two phases, is expected to start operations by 2030 and flow electrons to PNM electric grid.

Concerns Grow on How ‘Dirt Sciences’ Will Keep Attracting Talent

Factors like the cyclical nature of the energy industry and demand for more skills are widening the gap between industry and education.

Oceaneering Contracts Harvey Deep Sea Vessel for Subsea Services in GoA

Oceaneering International Inc.’s Offshore Projects Group segment has entered into an agreement for use of the multi-purpose supply vessel Harvey Deep Sea for subsea IRM in the GoA.

Chevron, Halliburton Develop New Feedback Process for Completions in Colorado

The technique combines Halliburton’s fracturing platform with Chevron’s subsurface knowledge built into an algorithm to enable decision-making.

Wyoming Governor: Bet on Powder River Oil to Beat Market Challenges

Wyoming’s Powder River Basin has taken a quieter role in recent years as oil producers focused on the Permian. But state leaders remain confident, betting on a rebound in oil production from the once-promising shale play, Gov. Mark Gordon said in an exclusive interview.

Exclusive: Continental Sees Billion-Barrel Resource Potential in Powder River

Continental Resources President and CEO Doug Lawler discussed technical breakthroughs being made in Wyoming’s Powder River Basin and his thoughts on whether there will be peak oil in the Lower 48, in this Hart Energy Exclusive interview.