The Latest

Exploration & Production

Norway's Equinor Adds Acreage Offshore Argentina

Equinor has taken a 50% stake in Argentina's largest offshore block, CAN 100, as part of its collaboration with the South American country's state-controlled oil firm YPF.

August 21, 2019

Field Development

Shell Marks Milestone At Field Offshore Brazil

As the Parque das Conchas marks 10 years of production, the field’s operations manager recalls challenges overcome and looks to the future.

August 20, 2019

Discoveries

Equinor, Partners Find Oil At Sputnik In Barents Sea

The well, drilled to a vertical depth of 1,569 m below the seabed by the West Hercules semisubmersible rig, encountered a 15-m oil column in a Triassic sandstone reservoir, Equinor said in a news release.

August 20, 2019

Field Development

Measuring The Impact Of Well Spacing With Novel Geospatial Technique

A key factor in the economic development of unconventional resources is determining optimal well spacing. As development of unconventional play progresses, wells naturally become spaced closer together.

August 20, 2019

Public Capital

Earthstone Energy CEO Actively Looking To Be Permian Consolidator

Earthstone Energy CEO Frank Lodzinski urged attendees of a recent industry luncheon in downtown Houston to “bring us deals” as the company looks to continue its growth story.

August 20, 2019

Exploration & Production

Exxon Mobil: Production Shut At Hibernia Oil Platform After Power Outage

Power was restored the same day, but production has not yet resumed, the company said in a statement.

August 19, 2019

Exploration & Production

Shale Gas Producers Help Fuel US LNG Exports Rise To Top

Together, the Appalachia and Permian basins are expected to supply about 53% of the North American gas market by 2030, according to McKinsey and Co.

August 19, 2019

Discoveries

Lundin Strikes Oil At Goddo Prospect In North Sea

Drilled by the Leiv Eiriksson semi-submersible drilling rig, the well encountered weathered and fractured basement in an estimated 20-m oil column, Lundin Petroleum said in a news release.

August 19, 2019

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.

August 19, 2019

Exploration & Production

Reducing Opex With Dual Fuel Hydraulic Fracturing Operations

Dual fuel operations deliver millions in saved diesel fuel costs.

August 18, 2019