More Top Stories in Exporation & Production

US Oil Rig Count Falls This Week by Most Since Sept 2021: Baker Hughes

The U.S. oil rig count fell 10 to 613, the lowest since November, while gas rigs rose six to 156, in their biggest weekly rise since February, according to Baker Hughes.

January 20, 2023

The State of the Service Sector

Product and equipment limitations on U.S. oilfield service companies are on track to perpetuate rising inflation throughout the coming year.

January 20, 2023

Black Stone Minerals Says CFO to Depart, Announces Successor

Current president and CFO Jeff Wood is leaving Black Stone Minerals and will be replaced with current vice president of finance and investor relations Evan Kiefer. 

January 19, 2023

Women in Energy: Barbara Baumann, Devon Energy

Today’s featured 25 Influential Women in Energy honoree is Barbara Baumann, chair of Devon Energy Corp.

January 19, 2023

Equinor Strikes Gas in Norwegian Sea

Obelix Upflank is first discovery of the year on the Norwegian Continental Shelf. The partners are considering a subsea tieback to nearby Irpa field.

January 18, 2023

Canadian Gas Producers to Boost Unconventional Production, Capex

Wood Mackenzie expects Canada’s largest natural gas producers —  Montney Shale producers Tourmaline Oil, Canadian Natural Resources (CNRL) and ARC Resources — to continue to grow their unconventional production in 2023 despite inflation pressures.

January 18, 2023

Bernstein Forecast: US Capex to Rise 15% — But Remains Near 20-year Low

Global capex will increase to $575 billion, which is well shy of what is needed to meet long-term oil and gas demand, analysts say.

January 17, 2023

TotalEnergies Gives Lapa South-West the Green Light

The subsea tieback offshore Brazil is expected to go onstream in 2025, producing to the Lapa FPSO, which has produced the field since 2016.

January 17, 2023

ADNOC Awards $80 Million PCSA for Hail & Ghasha Gas Development Project

The work contract is for early project activities following the completion of FEED by Technip Energies.

January 17, 2023

Eni Discovers Gas Offshore Egypt in Eastern Mediterranean Sea

Eni affiliate IEOC Production BV holds a 45% interest in the Nargis-1 well.

January 17, 2023