More than 30 onshore gas blocks have been identified and Pakistan's government plans to auction a large chunk of them in one or two licensing rounds by the end of 2019.
Colombia's government signed two exploration and production contracts with Shell that will require the company to make initial investments of $100 million.
The total award of $8.14 billion, plus an earlier arbitration award of $2 billion, makes the U.S. producer the biggest victor in claims from a wave of nationalizations last decade. However, Venezuela could still contest the award.
The chairman and CEO of Anadarko Petroleum Corp. weighs in on the Permian, LNG, investor sentiment, politically motivated barrels and why he is not worried.
Two JV partners of Mexico's state-run oil company Pemex will invest a combined $250 million in two projects over the next four years as they aim to quickly ramp up crude output.
Apache aims to produce between 85,000 and 90,000 barrels of oil equivalent per day at Alpine High in the Permian Basin this year, running fewer rigs.
Stacked-pay basins present both opportunity and challenge when evaluating the most economic variations of development. Three companies active in the Scoop play in the southern Anadarko Basin reveal their current full-field development strategies.