Brian
Walzel
Hart Energy
Shale Producers Talk Development Plans, ESG and Completion Designs
Leaders from Devon, Pioneer, Chevron and ConocoPhillips discuss the latest in unconventional development and how recent acquisitions have enabled greater efficiencies.
OFS Sector Outlook: US Shale Spending, Rig Counts Rise
As public E&Ps stay disciplined and privates take an ‘aggressive approach’ across the U.S. shale patch, analysts see continued efficiency gains and rising costs from oilfield service companies.
Exxon Mobil-led Group Logs New Oil Discovery Offshore Guyana
The discovery adds to the previous recoverable resource estimate of approximately 9 billion oil equivalent barrels.
Shell Green-lights Giant Gulf of Mexico Deepwater Project
The deepwater development, named Whale, was discovered in the U.S. Gulf of Mexico’s Alaminos Canyon Block 773 by operator Shell and partner Chevron in 2017.
The Latest
Exploration & Production
Pioneer Natural Resources Warns of Tepid Shale Growth in Coming Years
Pioneer CEO Scott Sheffield anticipates output in the Permian Basin to grow roughly 5%—in line with his own company’s planned production increases—over the coming years.
August 3, 2021
Reservoir Evaluation
Unlocking the Potential of Mature Areas with Quantitative Seismic Analysis
A North Sea case study reveals that even in new plays, quantitative inversion-led techniques can reduce drilling risk by validating predrill reservoir scenarios.
August 3, 2021
Highlights
E&P International Highlights (Week of Aug. 2, 2021)
Check out these E&P and drilling activity highlights from around the world.
August 2, 2021
Exploration & Production
Shale Producers Talk Development Plans, ESG and Completion Designs
Leaders from Devon, Pioneer, Chevron and ConocoPhillips discuss the latest in unconventional development and how recent acquisitions have enabled greater efficiencies.
August 2, 2021
Public Capital
Diamondback, Continental, Pioneer’s Earnings Lifted by Higher Oil Prices
While Diamondback Energy and Continental Resources beat Wall Street profit estimates, Pioneer Natural Resources only met expectations, but declared an inaugural variable dividend to be paid during the third quarter.
August 2, 2021
Rig Counts
Hart Energy Unconventional Activity Tracker (Week of Aug. 2, 2021)
Out of the major U.S. shale plays, the rig count in the Denver-Julesburg and Gulf Coast basins has increased the most, according to Enverus Rig Analytics.
August 2, 2021
Discoveries
Eni Makes Deepwater Oil Discovery Offshore Mexico
Mexico is a core country for the organic growth of Eni, which is currently producing more than 20,000 boe/d from Area 1 on an early production configuration and expects to ramp-up to 65,000 boe/d in 2022.
August 2, 2021
Deepwater
Top 12 Recent Gulf of Mexico Discoveries
July 2021: Walker Ridge Block 758 Discovery Tested Flowing 5,701 bbl of Oil, 12.77 MMcf of Gas per Day
August 1, 2021
Unconventional
Updated: Top 12 IP Wells in the Permian Basin
June 2021: Brinninstool West Field-Wolfcamp Well: 5,453 bbl of Oil, 9.779 MMcf of Gas per Day
August 1, 2021
Deepwater
Top 20 Cumulative Oil, Gas Producing Wells: Gulf of Mexico
Here are the latest top 20 cumulative oil- and gas-producing wells in the U.S. Gulf of Mexico.
August 1, 2021