Exploration & Production , Health, Safety & Environment

US Orders New Review of Drilling in Alaska Wildlife Refuge

The widely anticipated move comes two months after U.S. President Joe Biden’s administration suspended the nine leases in the Arctic National Wildlife Refuge pending an environmental analysis.

August 3, 2021

Field Development

Greenland Ends Unsuccessful 50-Year Bid to Produce Oil

Greenland has ended its 50-year ambition to become an oil producing nation after announcing on July 16 it would suspend a strategy of searching for oil and would stop granting exploration licenses.

July 16, 2021

Highlights , Shale Plays

Best of This Week’s Drilling Activity Highlights (July 1, 2021)

Pantheon Resources North Slope test, Chesapeake Marcellus well completion plus EOG Resources Eagleville Field wells producing from the Eagle Ford Shale and Austin Chalk top this week’s oil and gas drilling activity highlights from around the world.

July 1, 2021

Exploration & Production , Lease Sales

Norway Awards Arctic Oil Exploration Permits, But Fewer Firms Apply

The awards were part of Norway’s licensing rounds that cover previously unexplored frontier areas.

June 24, 2021

Exploration & Production , Policy & Regulations

US Suspends Arctic National Wildlife Refuge Oil Leases Pending Review

The order reverses an effort to expand oil and gas development in the U.S. by the Trump administration.

June 1, 2021

Field Development , Health, Safety & Environment

Regulator: Equinor’s Castberg Oil Field Delayed Until End of 2023

The Petroleum Safety Authority said in a statement it had identified “serious breaches” of regulations in the construction of the hull for the oil field’s FPSO vessel.

June 1, 2021

Exploration & Production , Policy & Regulations

Biden Administration Backs ConocoPhillips Alaska Oil Project

In February, an appeals court blocked construction of ConocoPhillips’ $2 billion-plus Willow crude oil project in Alaska.

May 27, 2021

Lease Sales

On the Market Oil and Gas Quicklist (Week of May 12, 2021)

Here’s a quicklist of oil and gas assets on the market including Whiting Petroleum’s Redtail assets in Colorado’s Weld County and a Henry Resources Permian Basin divestiture plus nonop working interest packages in the Midcontinent and Barnett Shale regions.

May 12, 2021

Exploration & Production , Legislation

US Interior Stops Trump-era Effort to Loosen Arctic Drilling Regulations

The rollback effort made by the administration of former President Donald Trump was among a string of eleventh-hour proposals aimed at maximizing energy development on public lands and waters.

May 7, 2021

Exploration & Production , Policy & Regulations

US Appeals Court Affirms Arctic, Atlantic Leasing Bans

The 9th Circuit Court of Appeals said President Joe Biden’s reinstatement of Obama-era protections makes moot the previous administration’s attempts to allow oil development there.

April 14, 2021