Crude Oil Brent
76.27
Crude Oil WTI
73.09
Natural Gas
3.853
US Rig Count
588
CA Rig Count
211
Int. Rig Count
931
News
June 17, 2025
Petrobras, Exxon Mobil Corp. and Chevron Corp. have won exploration rights in Brazil’s Equatorial Margin, betting that the nation’s environmental regulator will finally open the promising offshore oil region for drilling after years of delay.
News
June 17, 2025
The American Petroleum Institute has joined more than 100 other energy trade groups and organizations in urging the Department of the Interior to develop a new five-year offshore leasing program that fully leverages the U.S. Outer Continental Shelf.
News
June 17, 2025
Angola’s Minister of Mineral Resources, Oil and Gas, Diamantino Azevedo, recently met with U.S. Secretary of Energy Chris Wright in Washington, D.C. to advance strategic cooperation and expand U.S. investment across oil, gas, critical minerals and renewable energy.
News
June 17, 2025
TotalEnergies, jointly with QatarEnergy, has been awarded the Ahara license following the “Algeria Bid Round 2024”, launched by The National Agency for the Valorization of Hydrocarbon Resources (ALNAFT), the first call for tender conducted under the hydrocarbon law No.19-13.
Crude Oil Brent
76.27
Crude Oil WTI
73.09
Natural Gas
3.853
US Rig Count
588
CA Rig Count
211
Int. Rig Count
931
First Look
Article
May 2025
When an operator experienced loss of well control at a depth of more than 21,000 ft, HPHT challenges came into play. An active magnetic ranging system helped the operator navigate these challenges, ultimately allowing the drilling of the deepest relief well in history.
Article
May 2025
New carbon capture technology promises to capture carbon dioxide directly from the atmosphere and could reduce costs by up to 50%, compared to existing methods, as well as increasing efficiency. This breakthrough may enable enhanced oil recovery, while significantly minimizing environmental impact.
Article
May 2025
The AMP e-ICV features the simplicity and speed of an electric ICV, with the robustness of a hydraulically actuated valve. By resolving the speed, complexity and reliability challenges of traditional systems, the AMP e-ICV provides a unified solution that is not only more efficient but also inherently more resilient.
Article
May 2025
Today, the push for completion technology that can run entirely on natural gas has reached a new peak. This shift is driven by E&P companies scrutinizing operational efficiency and climate-related objectives closer than ever. The Caterpillar® Gas Mechanical System (GMS) embodies this new approach.
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Electrifying upstream operations: technology innovations in completions
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Sponsored by: Baker Hughes
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Upstream 365
Distributed Power Solutions
Distributed Power Solutions (DPS) was contacted by an exploration and production Oil & Gas company in Texas for the purpose of providing temporary power to their Electric Submersible Pumps (ESPs) until they could get utility power.
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World Oil
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Futures: at least 10 minute delayed. Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.
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