A Shared Vision for the Future of Drilling

NOV and Schlumberger team up to help operators by integrating cloud solutions.

July 30, 2021
Schlumberger - NOV - digital - drilling

Baker Hughes to Buy Back $2 Billion in Shares

The move by Baker Hughes comes as oil and gas companies keep their focus on shareholder returns over spending to expand production, even as crude prices climb to their highest levels since 2018.

July 30, 2021

Buckeye Partners to Acquire Solar Development Project in Texas

The acquired project, located south of Dallas, adds solar generation capacity to Buckeye’s existing renewable energy portfolio and positions the company to “meaningfully participate in the energy transition,” Buckeye Partners says.

July 30, 2021
Buckeye Partners to Acquire Solar Development Project in Texas

Marketed: Gulfport Energy Core Williston Basin Assets

Gulfport Energy retained Eagle River Energy Advisors for the sale of certain ORRI and nonoperated working interest assets and associated lands in the Williston Basin of North Dakota in Dunn, McKenzie, McLean and Mountrail counties.

July 30, 2021

Hart Energy Unveils Oil and Gas Investor’s 2021 Class of ‘Forty Under 40’

Oil and Gas Investor’s “Forty Under 40” recognition program honors champions of the next generation of oil and gas professionals.

July 30, 2021
Hart Energy Unveils Oil and Gas Investor’s 2021 Class of ‘Forty Under 40’

Recycling Produced Water in Completed Development Areas

An operator increases produced water recycling and reduces produced water injection via water midstream infrastructure in Midland County.

July 30, 2021
XRI water management

IndustryVoice: Legal and Regulatory Perspectives at a Transformational Time

The energy industry is at an inflection point and a moment of resiliency as it experiences a rebound in pricing and recovers from the impact of the global pandemic.

July 30, 2021 Sponsored Content
Babst Calland

US Oil, Gas Rig Count Falls for First Week in Eight

Despite this week’s decline, the total rig count was up 237, or 94%, over this time last year, according to Baker Hughes data going back to 1940.

July 30, 2021

Poland’s PGNiG Terminates LNG Deal over Delayed Texas Project

PGNiG, Poland’s biggest gas company, signed a 20-year agreement for LNG supples with Sempra in 2018, as part of its bigger plan to cut reliance on gas imports from Russia.

July 30, 2021

Best of This Week’s Drilling Activity Highlights (July 30, 2021)

A new Walker Ridge discovery in the U.S. Gulf by Chevron plus two more Wolfcamp Shale producers from CrownQuest’s Avogadro prospect in the Permian Basin top this week’s oil and gas drilling activity highlights from around the world.

July 30, 2021
Best of This Week’s Drilling Activity Highlights (July 30, 2021)

OFS Sector Outlook: US Shale Spending, Rig Counts Rise

As public E&Ps stay disciplined and privates take an ‘aggressive approach’ across the U.S. shale patch, analysts see continued efficiency gains and rising costs from oilfield service companies.

July 30, 2021
DUG-Permian-US-shale-rig-counts-spending

Spartan Delta Set to Become Largest Montney Producer after Latest Deal

The deal marks a major milestone in Spartan's Montney consolidation strategy and brings the company closer to achieving its previously stated objective of production growth to 100,000 boe/d, says Spartan CEO Fotis Kalantzis.

July 30, 2021