Hess, which had about 1,770 employees as of Dec. 31, dismissed about 165 full-time workers this week and terminated an undisclosed number of contract employees, according to people familiar with the matter.
The Harold Hamm-led American Gulfcoast Select is the first new crude benchmark since 2010, designed to more accurately price U.S. liquids being exported by tanker. Will it provide the value uplift as hoped?
Petroleum Independent & Exploration has identified the first of many workover/recompletion programs to potentially uplift field production in Empire Petroleum’s Fort Trinidad Field asset in Houston and Madison counties, Texas.
Texas American Resources Co. retained PetroDivest Advisors to market for sale its oil and gas leasehold and mineral interests in Burleson and Washington counties, Texas.
Researchers confirm the importance of the physicochemical properties of crude oil in determining the effectiveness of smart water to improve oil recovery.
Industry veteran and former SRC Energy CEO Lynn Peterson is expected to be appointed as Whiting Petroleum’s next CEO, effective as of the completion of the company’s restructuring.
The U.S. oil and gas rig count fell by three to an all-time low of 244 in the week to Aug. 14, according to data from energy services firm Baker Hughes Co.
A Haynesville completion by XTO Energy plus Centennial Resource Development Bone Spring discoveries on the Carlsbad Shelf in the Permian Basin top this week’s drilling activity highlights from around the world.
Sanctions violate international law, 24 members say.
Broussard previously spent four years working for Schlumberger and held a number of management positions with Baker Hughes over an 11-year period, latterly as regional operations manager for lower completions in the Gulf of Mexico.