Prime Offshore LLC, Houston, brought in
a discovery with its #1 OCS G26431 wildcat
offshore South Texas in South Padre
Island 1133. The company tested the well
flowing gas from an unreported zone after
drilling in 127 ft. of water. The company is
drilling #3 well from the same location to
an unreported depth, and it has permitted
#2 and #4 wells for follow-up work.
Report: Biden Administration to Approve Willow Oil Project in Alaska
2023-03-13 - The project, led by ConocoPhillips, is expected to produce about 600 MMboe over its life, peaking at 180,000 bbl/d of oil, ConocoPhillips says on its website.
Legal Challenges Could Delay Alaska's Willow Oil Project
2023-03-14 - Environmental groups are combing through the Biden Interior Department's approval of ConocoPhillips' Willow project for flaws that could provide them grounds for new lawsuits.
ConocoPhillips Starts Construction Work on $8 Billion Alaska Willow Project
2023-03-16 - As ConocoPhillips starts early construction activities for Willow, environmental groups are pushing back with lawsuits against the Biden administration after approval of the Alaska drilling project.
U.S. Oil & Gas Rig Count Falls for Third Week in a Row - Baker Hughes
2023-03-03 - The oil and gas rig count, an early indicator of future output, fell for the third week in a row by four to 749 in the week to March 3, the lowest since June.
COO Richard Dealy: Pioneer Gears Up to Test Permian’s Woodford, Barnett Zones [WATCH]
2023-03-21 - Pioneer Natural Resources President and COO Richard Dealy discusses what's on tap for its Permian Basin, including electrification of fields, production growth, "decades of inventory" and wind turbines.