The Latest

US Oil, Gas Rig Count Rises to Highest Since September: Baker Hughes

The U.S. oil and natural gas rig count is at its highest since September 2023. 

Deadline in Trinidad and Tobago’s Bid Round Extended

Bids for the 13 shallow water blocks offshore Trinidad and Tobago are now due on May 27.

Rystad: More Deepwater Wells to be Drilled in 2024

Upstream majors dive into deeper and frontier waters while exploration budgets for 2024 remain flat.

Tyra Redevelopment Heading for Production in March

TotalEnergies said the Danish North Sea project will take about four months to ramp up and is expected to produce 2.8 Bcm/year.

Markman: I’d Like to Not Thank the Academy…

The oil industry does not come off well in the movies and the public can miss the big picture.

In Shooting for the Stars, Kosmos’ Production Soars

Kosmos Energy’s fourth quarter continued the operational success seen in its third quarter earnings 2023 report.

Green Light for ConocoPhillips’ Eldfisk Nord

ConocoPhillips is expected to begin production at its Eldfisk Nord project before the first quarter ends.

Remotely Controlled Well Completion Carried Out at SNEPCo’s Bonga Field

Optime Subsea, which supplied the operation’s remotely operated controls system, says its technology reduces equipment from transportation lists and reduces operation time.

NOD Approves Start-up for Aker BP’s Hanz Project

Aker BP expects production on the North Sea subsea tieback to begin production during the first quarter.

CAPP Forecasts $40.6B in Canadian Upstream Capex in 2024

The number is slightly over the estimated 2023 capex spend; CAPP cites uncertain emissions policy as a factor in investment decisions.