Chevron, Total Sanction High-Pressure, Deepwater GoM Field
Sanctioning of the closely watched development in the U.S. Gulf of Mexico marks a milestone for the industry with use of 20,000 psi technologies.
December 12, 2019
Outlook Appears Cloudy For Oversupplied Natural Gas Market
Top producers in the Northeast are planning to produce a combined 17 billion cubic feet of gas per day (Bcf/d), up 2% from 2019, analysts forecast.
December 11, 2019
Shale Players Search For ‘Happy Median’ In Permian Basin, Eagle Ford
Longer laterals and wider spacing are among the trends being seen, expert says.
December 5, 2019
Chesapeake Arranges For Loan Up To $1.5 Billion, Shares Rise
The lenders arranging the secured first lien, last out 4.5-year term loan facility are JPMorgan Chase Bank, Morgan Stanley Bank, Bank of America and MUFG Bank, the Oklahoma City-based company said Dec. 4.
December 4, 2019
Apache To Drill Deeper Offshore Suriname
There was no word yet on whether the Maka Central-1 well encountered hydrocarbons.
December 2, 2019
Fuel Cell Technology Makes Way For Subsea Supercharger
The technology provides untethered power with energy storage offshore.
November 26, 2019
BP Exec: Inflection Point Requires Shift In Energy Industry Thinking
The company’s general manager of projects shares thoughts on energy, emissions, standardization and collaboration and where BP stands.
November 21, 2019
ConocoPhillips Counting On US Shale To Bring In More Cash
The U.S. independent has set its sights on bringing in $50 billion in free cash flow over the next decade, including $19 billion from its Lower 48 assets.
November 20, 2019
Analysts Forecast Drop In US Shale Activity, Rise In Efficiency
U.S. shale operators are paring down drilling programs and spending as they focus more on returns and improved efficiency in a low-price environment.
November 15, 2019