Arctic

Highlights , Shale Plays

Best of This Week’s Drilling Activity Highlights (Sept. 18, 2020)

XTO Energy’s results from a Wolfcamp Shale completion in Loving, Texas, plus an oil and gas discovery announced by BP in the Gulf of Mexico top this week’s drilling activity highlights from around the world.

September 18, 2020

Highlights , Shale Plays

Best of This Week’s Drilling Activity Highlights (Sept. 3, 2020)

A Wolfcamp Shale discovery by EOG Resources plus Ovintiv announces results from horizontal Woodford wells from two pads in Oklahoma’s McClain County top this week’s drilling activity highlights from around the world.

September 3, 2020

Highlights , Shale Plays

Best of This Week’s Drilling Activity Highlights (Aug. 28, 2020)

ConocoPhillips Alaska wildcat hits hydrocarbons plus high-volume Marcellus Shale completions by Chesapeake Energy in Pennsylvania’s Susquehanna County top this week’s drilling activity highlights from around the world.

August 28, 2020

Exploration & Production , Policy & Regulations

Environmental, Tribal Groups Sue to Block Oil Drilling in Alaska Refuge

The lawsuits came a week after the Interior Department finalized a plan to issue decades-long leases to oil and gas interests in the Arctic National Wildlife Refuge.

August 24, 2020

Exploration & Production

Rosneft Drilling Again in Arctic Kara Sea after Sanctions Hiatus

Speaking during a televised meeting with Russian President Vladimir Putin on Aug. 18, Rosneft CEO Igor Sechin said that Rosneft’s drilling platform was currently operating in the Kara Sea.

August 18, 2020

Exploration & Production , Legislation , Lease Sales

Trump Administration Approves Oil Leasing in Alaska Wildlife Refuge

"We will take a look at that," Trump told Fox News in a telephone interview when asked about a Wall Street Journal article reporting on plans to approve an oil leasing program for ANWR in Alaska.

August 17, 2020

Investment , Health, Safety & Environment

Deutsche Bank Tightens Fossil Fuel Lending Policies

Effective immediately, Deutsche Bank said it would cease financing new projects in the Arctic or oil sand projects.

July 28, 2020

Exploration & Production , Policy & Regulations

Trump Administration Opens Sensitive Arctic Areas to Oil Development

The plan, contained in a final environmental impact statement, opens 18.7 million acres of the 23 million-acre reserve to development.

June 26, 2020

Exploration & Production , Lease Sales

Norway Plans Big Expansion of Arctic Oil Exploration

The government will auction up to 136 new oil exploration blocks in a major licensing round, with 125 of those in the Arctic Barents Sea, a relatively unspoiled corner of the planet.

June 24, 2020

Technology

Baker Hughes Reaches Key Performance Milestone for Novatek’s Arctic LNG 2 Project

Baker Hughes revealed the completion of the First Engine to Test (FETT) for the LM9000 aeroderivative gas turbine on June 9. The test took place at the company’s advanced turbomachinery testing facilities in Florence and Massa, Italy.

June 10, 2020