Operators in the U.S. and Middle East have used this autonomous directional drilling solution to achieve greater efficiency and sustainability benefits.
Two Bone Spring wells completed by Devon Energy in a new field in the Permian Basin in New Mexico’s Lea County plus Southwestern Energy Marcellus Shale wells and a gas discovery reported in Jordan top this week’s oil and gas drilling activity highlights from around the world.
The Biden administration has previously said such conditions include having more oil on the market to stop rising energy prices and help the economic recovery from the COVID-19 pandemic.
Here’s a snapshot of recent energy deals including Shell’s U.S. shale exit through the $9.5 billion cash sale of its Permian Basin position to ConocoPhillips.
The two countries have been holding on-off U.S. mediated talks since October to try to resolve the issue.
Here’s a snapshot of recent energy deals including the sale by Colgate Energy of the Permian Basin water assets it had recently acquired as part of its $508 million acquisition from Occidental Petroleum.
The work follows a successful four well offshore drilling campaign that Halliburton previously executed in the Karish and Karish North gas fields.
Here’s a snapshot of recent energy deals including Enbridge’s $3 billion purchase of the largest crude export terminal in North America located along the Texas Gulf Coast.
The Tamar Field, operated by Chevron, is one of Israel’s primary energy sources and can produce 11 billion cubic meters of gas a year.
The new company, Basra Energy Ltd., would hold BP’s interest in Iraq’s giant Rumaila oil field and be jointly owned by China National Petroleum Corp., one of BP’s partners at the site.