The latest oil find by Total and partner Apache follows discoveries at Maka Central, Sapakara West and Kwaskwasi.
With new pipelines online or under construction, Permian Basin operators, regulators and other industry players keep flaring reduction on the agenda.
Though oil and gas companies’ plans are still developing, the Americas are expected to dominate high-impact exploration activity.
Some parts of the world are poised to see spending growth, while others remain in recovery mode during a “transition year” for the oil and gas industry.
Extraction Oil & Gas is a customer of Grand Mesa Pipeline, a subsidiary of NGL Energy Partners that provides takeaway capacity for crude oil producers in the D-J Basin where Extraction’s operations are focused.
The U.S. rig count rose by 10 in the last week, according to Enverus which also notes that the count is down less than 1% in the last month and down 50% year-over-year.
The new AI module provides pattern-finding automation for gas leak detection.
The Winterfell ILX well, designed to test a subsalt Upper Miocene prospect in Green Canyon Block 944, hit about 26 m (85 ft) of net oil pay in two intervals, Kosmos said.
Altus Intervention AS and Archer Integrated Services AS have been awarded framework contracts on Jan. 19 for supplying integrated wireline services within well intervention to Equinor’s fixed platforms.
Firms that won stakes in the licenses included Equinor, Shell, Aker BP, ConocoPhillips, Total, Lundin Energy and Eni’s Vaar Energi.
In 2020, oil and gas operations emitted over 70 million tonnes of methane, or around 10% less than in 2019, the IEA says.
The Concho acquisition gives ConocoPhillips about 700,000 net acres in the Permian Basin—more than quadruple the size of its previous position in the Permian.
The disappointment at Hassa-1 comes after Exxon said in November its crude discovery at the Tanager-1 well in the Kaieteur block was not financially viable on its own.
In a separate statement, TNOG owner Heirs Holdings said it had taken a 45% stake in the field, acquiring the stakes of Shell, Total and Eni.