A shallow wildcat is scheduled by Springfield, Ill.-based Bi-Petro Inc. in Section 15-14n-5w, Sangamon County, Ill., about 3.6 miles east of Chatham. The 2,000-ft. venture will target Silurian oil. Nearest comparable production comes from Glenarm Field about 1.75 miles northwest.
Women in Energy: Alina Parast, ChampionX
2023-02-01 - Today's featured 25 Influential Women in Energy honoree is Alina Parast, senior vice president and CIO of ChampionX.
Petrobras' Output Falls 3.2% to 2.7 MMboe/d in 2022
2023-02-13 - Brazil’s state-owned oil and gas producer Petrobras reported its production of 2,684 Mboe/d in 2022 was down compared to the prior year, but more or less in-line with earlier forecasts.
Barclays Tightens Lending for Dirtiest Fossil Fuels
2023-02-15 - Environmental campaigners were disappointed Barclays haven't stopped financings oil and gas drilling altogether, accusing banks globally of "moving too slowly."
Deutsche Bank Tightens Coal Finance Policy but Not Oil and Gas
2023-03-02 - Deutsche Bank said it "plans to update its oil and gas policy" without giving a timeframe.
Williams Deepwater GoM Expansions Add Significant Growth
2023-02-22 - Williams reported another year of record financial performance, and six key projects underway in the U.S. Gulf of Mexico will drive impressive EBITDA growth in coming years.