Sintana Energy briefs on PEL 83 and 90 while Chevron applies to drill up to 10 wells.
Exxon Mobil is eyeing gross production of 620,000 bbl/d offshore Guyana in the Stabroek Block in the first half of 2024 with the start-up of its third project Payara, which has a production capacity of 220,000 bbl/d.
The oil and gas rig count, an early indicator of future output, rose three to 625 in the week to Dec. 1.
Advisers need to sharpen their pencils at the negotiation table, E&P operator Bryan Sheffield said — because “all you're going to do is upset your seller by promising a market that you shouldn't. No one's going to pay you.”
Douglas Kris, Diversified Energy senior vice president, discusses how its differentiated business model has separated it from risks associated with operations, commodity prices, financing and emissions while generating $1 billion in economic impact for stakeholders and Appalachia states.
More than $100 billion in investments have poured into Ohio’s oil and gas sector in the past decade.
No new oil has been spotted since Nov. 20 from the suspected release, the U.S. Coast Guard said as it leads clean-up efforts.
Petrobras plans to invest $102 billion between 2024-2028 under its new strategic plan, up 31% compared to their 2023-2027 plan, aiming to achieve production of 3.2 MMboe/d by the end of the five-year timeframe.
Downhole components are also increasingly coping with higher pressure and temperature conditions and handling more zones than ever.
In this week's episode of Tech Trends with Hart Energy LIVE, learn how Baker Hughes uses sound to redefine the well construction process.
In 2024, energy investors interested in Latin America will likely find the most attractive opportunities linked to developments in Argentina, Brazil, Guyana, Mexico and Venezuela. That’s if they can hold their nerves amid ongoing uncertainties mainly tied to politics in many of the countries.