BP signed an agreement with Angola aimed at acquiring oil further exploration rights, the latest in a flurry of agreements between oil majors and Africa's second-biggest exporter.
Energy Advisors Group's Canadian office is assisting Canada Energy Partners in the sale of its water disposal well and associated assets in Northeast British Columbia.
For the week ahead, Stratas Advisors expect Brent to continue drifting lower, likely averaging $63.50/bbl.
A new downhole safety valve will create an improved well control tool for cable-deployed ESPs retrofitted to production wells.
President describes environmental activists as ‘heirs of yesterday’s foolish fortune tellers.’
Hart Energy's exclusive rig counts measure drilling intensity. They exclude units classified as rigging up or rigging down, and also exclude rigs drilling injection wells, disposal wells or geothermal wells. They are designed to offer the most accurate picture of what is actually occurring in the field.
Concho Resources and Enverus teamed up to launch a new product on Jan. 21 that could save shale producers possibly hundreds of millions of dollars.
The Senegal government recently gave the greenlight for the project, which is expected to produce 231 million barrels (MMbbl) of oil resources in its initial phase of development and strike first oil in the next three years.
Wood has secured a two-year extension to its in-Kingdom and out-of Kingdom contracts with Saudi Aramco’s subsidiary, Aramco Overseas Company BV (AOC) on Jan. 21 for its unconventional gas program, extending awards originally secured in 2014.
Evolution Well Services on Jan. 20 said it has been awarded a 24-month agreement to provide dedicated electric hydraulic fracturing services for a leading onshore oil and gas producer to begin in the first quarter of 2020.
Halliburton beat analysts' estimates for quarterly profit on Jan. 21, as higher drilling activity in international markets helped the oilfield services provider blunt a hit from slowing North America activity.