The Latest

EOG Ramps Gassy Dorado, Oily Utica, Slows Delaware, Eagle Ford D&C

EOG Resources will scale back on Delaware Basin and Eagle Ford drilling and completions in 2025.

Then and Now: 4D Seismic Surveys Cut Costs, Increase Production

4D seismic surveys allow operators to monitor changes in reservoirs over extended periods for more informed well placement decisions. Companies including SLB and MicroSeismic Inc. are already seeing the benefits of the tech.

AIQ, SLB Collaborate to Speed Up Autonomous Energy Operations

AIQ and SLB’s collaboration will use SLB’s suite of applications to facilitate autonomous upstream and downstream operations.

US Oil, Gas Rig Count Unchanged This Week

The oil and gas rig count was steady at 592 in the week to March 14. Baker Hughes said that puts the total rig count down 37, or about 6% below this time last year.

FERC Chair: Gas Needed to Head Off US Grid’s ‘Rendezvous with Reality’

Federal Energy Regulatory Commission Chairman Mark Christie is pushing natural gas to feed U.S. electrical grids before a “rendezvous with reality” occurs.

USGS: 47 MMbbl of Oil, 876 Bcf of Gas in Conventional Rockies’ Basins

The U.S. Geological Survey surveyed areas where potential hydrocarbons in as yet undiscovered oil and gas formations in the Wind River, Bighorn and Powder River basins.

Enverus Acquires Pearl Street Technologies to Help Bolster Grid

The acquisition of the spinout from Carnegie Mellon University strengthens Enverus’ suite of offerings as it expands deeper into power and energy transition solutions, the company says.

Golden Gate Capital Completes Stonehill Environmental Sale

Private equity firm Golden Gate Capital has completed the sale of energy infrastructure company Stonehill Environmental Partners for an undisclosed amount.

Continental Resources Signs JV to Explore Shale Oil, Gas in Turkey

Early evaluations from the joint venture between Continental Resources, Türkiye Petroleum and TransAtlantic Petroleum suggest ultimate recoverable reserves could reach 6 Bbbl of oil and 32 Tcf to 65 Tcf of gas.

Nabors Closes $370MM Parker Wellbore Acquisition

The acquisition of Parker Wellbore adds a large-scale, high performance tubular rental and repairs services operation in the Lower 48 and offshore U.S. to the Nabors portfolio.