The Latest

Deepwater

Wireline-deployed Milling Services Enlarge a Tubing Hanger in Deepwater Congo

A case study details how a company enlarged a hardened tubing hanger while also preserving its mechanical integrity. 

July 29, 2021

Deepwater

Top 12 Recent Gulf of Mexico Discoveries

July 2021: Walker Ridge Block 758 Discovery Tested Flowing 5,701 bbl of Oil, 12.77 MMcf of Gas per Day

July 29, 2021

Discoveries

Total, APA Discover More Oil Offshore Suriname

The discovery marks another important step toward commercial oil development in the southeast portion of Block 58.

July 29, 2021

Business

Equinor, Total Exit Venezuela Onshore Oil Project

Prior to the sale, TotalEnergies held a 30.33% stake in Venezuela’s onshore Petrocedeno project while Equinor owned 9.67%. A unit of state oil firm PDVSA held the remaining 60%.

July 29, 2021

Discoveries

Exxon Mobil-led Group Logs New Oil Discovery Offshore Guyana

The discovery adds to the previous recoverable resource estimate of approximately 9 billion oil equivalent barrels.

July 28, 2021

Exploration & Production

‘Terminal Decline’ in Decline Curve Analysis of Oil Wells

RED President Steve Hendrickson discusses the concept of terminal decline in decline curve analysis used to describe the “typically” late-life production rate behavior of oil and gas wells.

July 28, 2021

Field Development

Proserv Secures ‘Significant’ Contract for Majnoon Oil Field in Iraq

Houston-based KBR facilitated the deal with Proserv aimed at boosting oil production capabilities at a key Iraqi asset.

July 28, 2021

Earnings

Hess to Add Rig in Bakken Basin, Beats Profit Estimates

U.S. oil producer Hess Corp. said on July 28 it planned to add a rig in North Dakota's Bakken basin in September, after topping estimates for second-quarter profit on a rebound in crude prices.

July 28, 2021

Exploration & Production

Review of Federal Oil, Gas Leasing Program Nearing Completion: Haaland

The Biden administration earlier this year stopped holding federal oil and gas lease sales, pending the review, but a federal judge last month ruled that his leasing freeze was unlawful.

July 27, 2021

Public Capital

Talos Energy Achieves First Production at Tornado Attic Well

Talos Energy executed completion operations for the Tornado Attic well in the U.S. Gulf of Mexico’s Green Canyon area and achieved first production in mid-July.

July 27, 2021