More Top Stories in Exporation & Production
Public Capital
Australian Gas Producer Senex Gets $605 Million Takeover Offer
A POSCO International spokesperson said the company was pursuing an acquisition of Senex as part of its efforts to secure natural gas reserves to replace its existing natural gas sources.
Exploration & Production
Utilizing Retired GoM Platforms to Achieve ESG Goals
Research shows abandoned offshore oil platforms can be repurposed for a multitude of purposes including carbon capture and storage.
Exploration & Production
New Tech Provides Much-needed Update for Remote Well Monitoring
Remote oil and gas wells are notoriously difficult to monitor, but new technology may make them some of the most advanced sites out there.
Exploration & Production
How Oil Companies Can Avoid Pitfalls of Automation Technology
Compromising on critical edge computing can be a costly gamble for oil and gas companies.
Rig Counts
US Drillers Add Oil Rigs in Biggest Weekly Build Since April
According to the Baker Hughes weekly rig count report, gas rigs in the U.S. fell by one this past week to 98, their lowest since August.
Highlights
Best of This Week’s Drilling Activity Highlights (Oct. 15, 2021)
Several Wolfcamp Shale discoveries by Pioneer in the Midland Basin and Devon in the Delaware, plus Marcellus well completions by the recently merged Coterra Energy and a giant gas find in the Black Sea top this week’s oil and gas drilling activity highlights from around the world.
Business
Shell Names New Upstream Director after Wael Sawan Moves to Renewables Role
Zoë Yujnovich, currently head of Shell’s conventional oil and gas operations, has been named as upstream director, replacing Wael Sawan who will now lead the global supermajor’s integrated gas and renewables division.
Field Development
Schlumberger Wins Contract for Development of Turkey’s Largest Gas Field
The Sakarya offshore greenfield represents the largest gas reserve ever discovered in Turkey. The subsea development will be located approximately 100 nautical miles into the Black Sea.
Rig Counts
Chart: Eastern Rig Count as of October 15, 2021
Alabama. Florida, Illinois, Indiana, Kentucky, Michigan, New York, Ohio, Pennsylvania, Virginia and West Virginia
Rig Counts
Chart: Gulf Coast Rig Count as of October 15, 2021
Arkansas, Louisiana, Mississippi and Texas RRC Dist. 1, 2, 3, 4., 5, 6, inland, offshore