More Top Stories in Exporation & Production

Rig Counts

US Drillers Add Oil and Gas Rigs for Ninth Week in a Row

Baker Hughes said that puts the total rig count up 273, or 60%, over this time last year.

May 20, 2022

Exploration & Production

Remote Subsea Monitoring Utilizing High Bandwidth Optical Data Telemetry

New technology developed by Ashtead Technology and Hydromea utilizing high bandwidth optical data telemetry is proving to be a game changer for remote subsea structure monitoring systems.

May 20, 2022

Business

Norwegian Oil Drilling Labor Union Seeks Mediation as Wage Talks Falter

Norwegian oil drilling labor unions move closer to strike action as they seek a state-appointed mediator, with talks of a potential strike resuming at a later date.

May 20, 2022

Discoveries

ADNOC Announces Three New Oil Discoveries

The discovery includes 500 million barrels of oil from an exploration well in the field.

May 19, 2022

Exploration & Production

Permian Delaware Output to Hit Record High this Year: Rystad Energy

Private operators will be a significant driver of the record growth as they have reacted quickly to the elevated market, increasing activity and output.

May 19, 2022

Field Development

Ecopetrol, Occidental Petroleum to Jointly Develop Offshore Oil Blocks

Ecopetrol will take a 40% stake in the blocks while Occidental Petroleum subsidiary Anadarko Colombia Co. will have a 60% stake and will serve as the blocks’ operator, Ecopetrol said.

May 19, 2022

Business

DNV: Energy Executives Anticipate More Cyberattacks, Yet Defense Efforts Lag

Research by DNV revealed that energy professionals believe that cyberattacks on the industry are likely to cause harm to life, property and the environment in the next two years.

May 18, 2022

Exploration & Production

Seneca Resources Exits California in Deal for Cash, Fewer Emissions

National Fuel touted the environmental benefits of the sale by its E&P segment Seneca Resources, including a 55% reduction in CO₂ equivalent emissions.

May 18, 2022

Exploration & Production

Helix to Acquire Privately Held Alliance for $120 Million

In addition to a focus on well intervention and robotics operations, Helix is pursuing an energy transition business model, which CEO Owen Kratz says the expanded decommissioning presence from the Alliance acquisition furthers.

May 17, 2022

Exploration & Production

Diversified Energy Acquires Ohio-based Nick’s Well Plugging

With its investment in Ohio-based Nick’s Well Plugging, Diversified Energy says it is well-positioned to meet or exceed its stated commitment to retire at least 200 of its wells per year across Appalachia by 2023.

May 17, 2022