The shallow GoM discovery, made by Talos Energy, could produce 180,000 bbl/d for Pemex, about 10% of Mexico’s current oil output.
Innovations have made it possible for operators to bring wells back to life through interventions, despite disruptive neighbors, technological limitations and an occasional scarcity of data.
From robotic dogs to well interventions to AI, Occidental Petroleum’s Shauna Noonan wants to reframe the narrative to attract talent to the oil and gas industry.
State-owned Pemex expects liquids production to average 2 MMbbl/d and gas production to average 4.8 Bcf/d in 2024.
Even though gas rig counts are currently up, analysts say drillers have been cutting rigs in some shale basins, especially the Haynesville due to higher production costs.
Operators are adding inventory, largely through M&A, as some E&Ps see well productivity plateauing.
The shallow GoM discovery, made by Talos Energy, could produce 180,000 bbl/d for Pemex, about 10% of Mexico’s current oil output.
Innovations have made it possible for operators to bring wells back to life through interventions, despite disruptive neighbors, technological limitations and an occasional scarcity of data.
From robotic dogs to well interventions to AI, Occidental Petroleum’s Shauna Noonan wants to reframe the narrative to attract talent to the oil and gas industry.
State-owned Pemex expects liquids production to average 2 MMbbl/d and gas production to average 4.8 Bcf/d in 2024.
Gas-directed rig activity in key U.S. plays, including the Marcellus Shale and Permian Basin, increased in a big way last week, but analysts expect cuts to the rig count later this year.
Pioneer Natural Resources President and COO Richard Dealy discusses what's on tap for its Permian Basin, including electrification of fields, production growth, "decades of inventory" and wind turbines.
On this week's episode of Hart Energy Live's E&P Tech Trends, Barbara Harrison, Chevron's vice president of offsets and emerging technology, is with Hart Energy to talk about Chevron's exploration of offsets and geothermal systems.
Oil prices and E&P stocks plummet as banks fail and the Fed grasps for stability, with one expert saying, "people are afraid."