The Latest

Seatrium Awarded Contract for FPSO Bound for Guyana’s Stabroek

The topsides fabrication and integration contract will be for the FPSO Jaguar, bound for the Whiptail Field in the Stabroek block offshore Guyana for Exxon Mobil.

Seadrill Sells Three Jackups for $338MM to Gulf Drilling International

Seadrill Ltd. is also selling its 50% equity interest in the joint venture that operates the rigs offshore Qatar.

Third Suriname Find for Petronas, Exxon Could Support 100,000 bbl/d FPSO

A recent find offshore Suriname in Block 52 by Petronas and Exxon Mobil could support a 100,000 bbl/d FPSO development, according to Wood Mackenzie.

US Drillers Add Oil, Gas Rigs for First Time in Four Weeks: Baker Hughes

The oil and gas rig count rose by one to 604 in the week to May 17.

Apache CEO: Longer Laterals Expected as Permian Enters New Era

With more than a decade of development in the Midland and Delaware basins, there are more limitations that operators will have to work around, said Apache Corp. CEO John Christmann at Hart Energy's SUPER DUG Conference & Expo.  

Kimmeridge’s Mark Viviano on Reshaping the Energy Sector, SilverBow-Crescent Deal

Kimmeridge Energy Engagement Partners’ Mark Viviano says the company is evaluating the Crescent Energy and SilverBow Acquisition and how Kimmeridge played a key role in transforming the shale sector in this Hart Energy Exclusive interview.

SUPER DUG Shale 4.0 Era about Building Scale- Rystad

The Shale 3.0 era or capital discipline era will be followed by the Shale 4.0 era, which will see companies focused on building scale, according to Rystad Energy Senior Shale Analyst Matthew Bernstein.

BPX Looks to Ramp US Production Over 60% by 2030

BPX Energy is looking to boost its U.S. production over 60% by 2030 as it considers bringing online a fourth processing facility in the Permian by mid-year 2025, Clark Edwards, the company’s vice president of development, said during SUPER DUG in Fort Worth.

Quantum Capital’s View on AI: Lots of Benefits, Pain Points

The energy industry is lagging in the race to implement AI, but Sebastian Gass, CTO of Quantum Capital Group, offered a few solutions during Hart Energy’s 2024 SUPER DUG Conference & Expo.

Empire Petroleum’s Williston Drilling Program Identifies New Zones

Empire Petroleum provided updates on its Williston Basin development drilling program in its first quarter 2024 earnings results.