Subsea7 Awarded Sizable Contract in GoM

Subsea7 will install a flowline for Talos’ Sunspear development in the Gulf of Mexico.

Exxon Mobil Green-lights $12.7B Whiptail Project Offshore Guyana

Exxon Mobil’s sixth development in the Stabroek Block will add 250,000 bbl/d capacity when it starts production in 2027.

Cardinal Energy Declares April Dividend

Canadian oil and gas company Cardinal Energy Ltd. will pay a CA$0.06 (US$0.044) per common share dividend.

CEO: Continental Adds Midland Basin Acreage, Explores Woodford, Barnett

Continental Resources is adding leases in Midland and Ector counties, Texas, as the private E&P hunts for drilling locations to explore. Continental is also testing deeper Barnett and Woodford intervals across its Permian footprint, CEO Doug Lawler said in an exclusive interview.

‘Unapologetic,’ Barclays Restarts E&P Coverage: ‘The World Needs Oil and Gas’

Barclays analysts, in restarting coverage of E&Ps, presented anti-hydrocarbon investors with “a reality check on energy transition.”

Haynesville’s Harsh Drilling Conditions Forge Tougher Tech

The Haynesville Shale’s high temperatures and tough rock have caused drillers to evolve, advancing technology that benefits the rest of the industry, experts said.

From Satellites to Regulators, Everyone is Snooping on Oil, Gas

From methane taxes to an environmental group’s satellite trained on oil and gas emissions, producers face intense scrutiny, even if the watchers aren’t necessarily interested in solving the problem.

Pitts: Heavyweight Battle Brewing Between US Supermajors in South America

Exxon Mobil took the first swing in defense of its right of first refusal for Hess' interest in Guyana's Stabroek Block, but Chevron isn't backing down.

Turnco Buys Drill Spec Services to Enhance OCTG Capabilities

Turnco said the integration of Drill Spec’s assets will expand its service offerings in West and South Texas.

US NatGas Output to Decline in 2024, While Demand Rises to Record High, EIA Says

The EIA projected dry gas production will ease in 2024 as several producers reduce drilling activities.