Richard
Stubbe
Hart Energy
More Oil, Gas Exploration Needed Now—WoodMac
New discoveries can reduce costs and emissions intensity while delivering value for resource holders and explorers, Wood Mackenzie analysts said.
Falcon, Tamboran Spud Second Well in Australia’s Beetaloo
Falcon Oil & Gas Ltd., with joint venture partner Tamboran, have spud a second well in the Shenandoah South Pilot Project in the Beetaloo.
Valveworks Adds Choke Product Offerings with Lancaster Acquisition
Valveworks USA is acquiring Lancaster Flow Automation to add choke and flow-control automation technology to its product offerings.
McKinsey: Big GHG Mitigation Opportunities for Upstream Sector
Consulting firm McKinsey & Co. says a cooperative effort of upstream oil and gas companies could reduce the world’s emissions by 4% by 2030.
US Drillers Cut Oil, Gas Rigs for Second Week in a Row
The oil and gas rig count fell by one to 583 in the week to Nov. 22, the lowest since early September. Baker Hughes said that puts the total rig count down 39, or 6% below this time last year.
LandBridge Closes Deal for 5,800 Acres in New Mexico's Delaware Basin
LandBridge said it announced or closed acquisitions totaling 53,080 acres in fourth-quarter 2024.
Exxon to Invest Over $200MM Toward Advanced Recycling Units in Texas
Exxon Mobil Corp.’s new operations, in Baytown and Beaumont, will bring the company’s capacity to 500 million pounds per year.
Oxy CEO Hollub Sees More Consolidation Coming in Permian, Globally
Occidental Petroleum CEO Vicki Hollub names emissions and water management as top challenges for Permian operators and an incentive for growth.
Water Management Called ‘Massive Headwind’ for Permian Operators
Amanda Brock, CEO of Aris Water Solutions, says multiple answers will be needed to solve the growing amounts of produced water generated by fracking.
Coterra Takes Harkey Sand ‘Row’ Show on the Road
With success to date in Harkey sandstone overlying the Wolfcamp, the company aims to make mega-DSUs in New Mexico with the 49,000-net-acre bolt-on of adjacent sections.