The Latest

Rig Counts

Chart: Eastern Rig Count As Of October 18, 2019

Alabama. Florida, Illinois, Indiana, Kentucky, Michigan, New York, Ohio, Pennsylvania, Virginia and West Virginia

October 18, 2019

Rig Counts

Chart: Gulf Coast Rig Count As Of October 18, 2019

Arkansas, Louisiana, Mississippi and Texas RRC Dist. 1, 2, 3, 4., 5, 6, inland, offshore

October 18, 2019

Rig Counts

Chart: Midcontinent, Permian Basin Rig Count As Of October 18, 2019

Kansas, Oklahoma, Texas Dist. 7B, 7C, 8, 8A, 9, 10

October 18, 2019

Rig Counts

Chart: Western Rig Count As of October 18, 2019

California, Colorado, Idaho, Montana, Nebraska, Nevada, New Mexico, North Dakota, Utah and Wyoming

October 18, 2019

Conventional

Companies Opting For Shorter Cycle Times As Conventional Projects Decline

Recent IHS Markit report says a significant rebound in discoveries may not happen because since 2014 there has been an increased emphasis on exploring less risky maturing basins and short cycle-time unconventional projects.

October 17, 2019

Unconventional

Longer Laterals Give Rise To New MWD Technology For US Shale

As lateral lengths increase, new technology aims to bring wells to production faster while successfully transmitting data with sensors and strong signals.

October 17, 2019

Discoveries

Premier Oil Hits Gas At Tolmount East In North Sea

The company said the results have positive implications for other targets in the area, including Tolmount Far East and the Mongour discovery.

October 17, 2019

Field Development

Woodside Aims To Hit Go On $11 Billion Scarborough Gas Project In Early 2020

The company also said it is now targeting a final investment decision on the $20.5 billion Browse project in first-half 2021.

October 17, 2019

Earnings

Permian Operators Delivering Strong Production

Permian production continues its market domination.

October 17, 2019

Business

SBM Offshore Completes $1.14 Billion Financing Of Liza Unity

SBM Offshore has completed the project financing of FPSO Liza Unity for a total of $1.14 billion, the company said Oct. 16.

October 17, 2019