Jaxon
Caines
Hart Energy
Shell Offshore Takes FID on Waterflood Project in GoM
Shell Offshore’s waterflood secondary recovery process involves injecting water into the reservoir formation to extract oil.
Amid Flagging US Activity, OFS Sector Looks to 2025—and Overseas
Despite a slowdown in U.S. activity expected to last until 2025, overseas and offshore markets helped the oilfield services sector deliver solid second-quarter results.
Gran Tierra Makes Oil Discovery in Ecuador’s Charapa Block
Gran Tierra Energy’s oil discovery at the Charapa-B6 well will be its fifth discovery in Ecuador.
CNOOC Discovers Over 100 Bcm of Proved Gas in South China Sea
CNOOC’s Lingshui 36-1 is the world’s first large, ultra-shallow gas field in ultra-deep water.
The Latest
E&P Highlights: Sept. 9, 2024
Here’s a roundup of the latest E&P headlines, with Talos Energy announcing a new discovery and Trillion Energy achieving gas production from a revitalized field.
TGS Awarded 2D Survey in the Sumatra Basin
TGS’ Sumatra Basin seismic acquisition is expected to be completed by the end of 2024.
Service Companies Innovex, Dril-Quip Complete Merger
The combined onshore and offshore services companies Dril-Quip Inc. and Innovex Downhole Solutions, are expected to generate more than $1 billion in annual revenue.
US Drillers Cut Oil, Gas Rigs for Fourth Week in a Row
The oil and gas rig count fell by one to 582 in the week to Sept. 6, the lowest since June.
Talos Makes Discovery, Adds Prospect to Drilling Portfolio in GoM
Talos Energy Inc. made an oil and natural gas discovery at the Ewing Bank 953 well and entered into an agreement to began prospecting the Sebastian well in the Gulf of Mexico.
Noble Closes $1.6B Diamond Acquisition
Noble Corp.’s cash-and-stock deal to acquire Diamond Offshore Drilling comes as service companies continue to consolidate in an aftershock of widespread upstream M&A.
Breakthroughs in the Energy Industry’s Contact Sport, Geophysics
At the 2024 IMAGE Conference, Shell’s Bill Langin showcased how industry advances in seismic technology has unlocked key areas in the Gulf of Mexico.
Go Long: Exxon, EOG Extend Permian Laterals, Lead US Onshore Drilling
When it comes to drilling in U.S. onshore basins, no other operators are drilling more than Exxon Mobil and EOG Resources, according to Enverus data.
Franklin Mountain Pulls Trigger on Gunbarrel’s 18-well Delaware Project
In August, Franklin Mountain Energy brought online its 18-well Gunbarrel project, targeting the Delaware Basin’s Third Bone Spring and Wolfcamp A, among other intervals.
Baker Hughes Updates Leadership to Deliver on Growth Strategy
Baker Hughes’ updates to its leadership team will go into effect on Oct. 1.