The Latest

Turkey Finds 75 Bcm of NatGas in Black Sea

Turkish Petroleum Corp. has discovered 75 Bcm of natural gas reserves in the Black Sea.

US Says There are Significant Undiscovered Oil, Gas Resources in Wyoming

A new federal assessment has identified significant undiscovered, technically recoverable oil and gas resources in parts of Wyoming, Utah and Colorado, the U.S. Interior Department said on May 21.

E&P Highlights: May 19, 2025

Here’s a roundup of the latest E&P headlines, from a new oil discovery offshore Brazil to Libya’s latest upstream licensing round.

The Future Remains Bright for Offshore Oil and Gas, Rystad Says

In the midst of a global energy transition, offshore oil and gas production continues to not only be viable, but essential, says Rystad Energy.

Offshore Producer Beacon Sees First Oil from Shenandoah in June

The floating production unit, which is expected to produce 120,000 bbl/d of oil, was in the final stage of being hooked up and commissioned.

NXT Energy Solutions Announces New Survey Contract in Africa

NXT Energy Solutions, in partnership with Synergy Exploration and Production, said it expects to begin acquiring data in the third quarter.

EOG Resources Bolts-On 30,000 Acres in Eagle Ford for $275MM

EOG Resources said it bolted on undeveloped core Eagle Ford Shale acreage in Atascosa County, Texas, and made a discovery offshore Trinidad.

Chevron Sees Tech Improvements Expanding its Portfolio

Chevron Corp.’s startup at Ballymore, offshore Louisiana, was its third major project to come online in the past year.

E&P Highlights: April 28, 2025

Here’s a roundup of the latest E&P headlines, including field redevelopment in Iraq and an estimate of gas resources in Namibia.

APA Reveals 2,700 bbl/d Test Results from Sockeye-2 in Alaska

APA Corp. said Sockeye-2, located in Alaska’s eastern North Slope, was drilled to a depth of approximately 10,500 ft and averaged 2,700 bbl/d during the final flow period.