The Latest

Exploration & Production

Equinor Scraps Contested Plan To Drill For Oil In Great Australian Bight

Oil companies eyeing the Great Australian Bight have long battled opposition from green groups concerned about potential damage to fishing towns.

February 25, 2020

Business

Alaska Oil: Polar Regress

Even with giant deals, massive oil discoveries and a move west of its legacy fields, Alaska begins 2020 looking to pick up the slack from production declines, debt and the threat of higher taxes.

February 25, 2020

Reservoir Evaluation

Hilcorp Energy Flows Gas From Texas Gulf Coast Well

Otto Energy CEO Matthew Allen now believes there is potential to significantly improve the “already large gas and condensate accumulation” in the Lightning Field onshore Texas in Matagorda County.

February 25, 2020

Unconventional

Saudi Aramco Launches Largest Shale Gas Development Outside US

Saudi Arabia fought a price war aimed at putting the U.S. shale industry out of business just six years ago, which ultimately failed. Now, the country has adopted the techniques developed in U.S. fields.

February 24, 2020

People

Mark Papa To Retire From Centennial Resource Development

Following Mark Papa’s retirement, the board of Permian shale operator Centennial Resource Development has decided to separate the roles of chairman and CEO.

February 24, 2020

People

Kosmos Energy CFO Thomas Chambers Set To Retire

Kosmos Energy CFO Thomas P. Chambers is set to retire after a decades-long career in oil and gas, the Dallas-based E&P company said Feb. 24.

February 24, 2020

Unconventional

Acoustic Imaging Tool Provides 360-degree Downhole View

The approach leverages sound waves to give operators eyes inside their wellbores.

February 24, 2020

Rig Counts

Hart Energy's Unconventional Activity Tracker

Hart Energy's exclusive rig counts measure drilling intensity. They exclude units classified as rigging up or rigging down, and also exclude rigs drilling injection wells, disposal wells or geothermal wells. They are designed to offer the most accurate picture of what is actually occurring in the field.

February 24, 2020

Field Development

Aramco Says It Received Approval For Jafurah Gas Field Development

The company said output would reach about 2.2 billion cubic feet per day of sales gas by 2036, with an associated 425 million cubic feet per day of ethane.

February 24, 2020

Business

Bakken, Rockies Shale: Business Is Different, But Still Viable

At DUG Bakken and Rockies, shale executives acknowledged the headwinds, but remained optimistic about the opportunities in the Powder River Basin, the Bakken and, yes, even Colorado.

February 21, 2020