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
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
Rig Counts
Chart: Midcontinent, Permian Basin Rig Count As Of October 18, 2019
Kansas, Oklahoma, Texas Dist. 7B, 7C, 8, 8A, 9, 10
Rig Counts
Chart: Western Rig Count As of October 18, 2019
California, Colorado, Idaho, Montana, Nebraska, Nevada, New Mexico, North Dakota, Utah and Wyoming
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.
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.
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.
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.
Earnings
Permian Operators Delivering Strong Production
Permian production continues its market domination.
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.