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.
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.
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.
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.
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.
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.
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.
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.
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.
Exploration & Production
Reducing Opex With Dual Fuel Hydraulic Fracturing Operations
Dual fuel operations deliver millions in saved diesel fuel costs.