The existing license was first granted in 2019 to Halliburton Co., Schlumberger NV, Baker Hughes Co., Weatherford International LLC and Chevron Corp.
At the SUPER DUG conference in Fort Worth, Texas, Quantum Energy's Wil VanLoh sat down with Hart Energy's Nissa Darbonne to talk investment prospects in oil and gas and the future of decarbonization.
M&A leaders talked about the opportunities that still exist in the Permian Basin during Hart Energy’s SUPER DUG event in Fort Worth, Texas.
Devon Energy's Clay Gaspar said he is looking at the future of Devon Energy with 'a 2030 and a 2040 mindset.'
Oil prices increased thanks to a number of factors, including the U.S. debt limit, increased inventories of commercial crude and decreased inventories in the Strategic Petroleum Reserve.
Brent crude futures increased by $0.19, which brought the total price-per-barrel to $75.77, while U.S. West Texas Intermediate crude rose a total of $0.17, ending at $71.72 per barrel.
Enverus ran the numbers and analyzed the most prolific private E&Ps in the Lower 48 and Gulf of Mexico.
Kimbell Royalty Partners is growing its oil weighting and full-year production guidance after acquiring more mineral and royalty interests in the Permian Basin.
Russia's oil and gas revenues may reach 593 billion roubles, down from 648 billion roubles in April and 886 billion roubles in May 2022.
The prolific Permian Basin will lead gains in both crude oil and natural gas production next month, according to new figures from the U.S. Energy Information Administration.