News
December 05, 2023
This transaction forms a comprehensive cementing business to better serve Permian oil and gas operators and is complementary to ProPetro’s industry-leading hydraulic fracturing and wireline completions businesses.
News
November 30, 2023
If the purchase is successful, it would augment a portfolio Occidental had already expanded with the $38 billion takeover of Anadarko Petroleum Corp. in 2019
News
November 27, 2023
The planned program, to be conducted by Condor Energy Service, includes 10 stimulation stages within the Amungee Member B-shale over a 500-meter horizontal section of SS1H.
Article
November 2023
A new chemistry solution, first developed for the food and beverage industry, provides an environmentally safe and economical alternative for upstream water treatment without the hazards or cost of traditional oxidizers or conventional biocides.
News
November 26, 2023
Argentina’s shale patch has vast untapped potential that has been limited by bottlenecks. In theory, President Javier Milei’s plans should improve YPF’s margins and attract foreign direct investment.
News
November 24, 2023
Across the U.S., operators added four rigs in the five-day period from Nov. 18 to Nov. 22, according to the Baker Hughes Rotary Rig Count. It was the second week in a row that the total U.S. count increased, with the new total standing at 622.
News
November 24, 2023
On Nov. 15, Sinopec struck sizeable oil and gas flows in the Yuejin 3-3XC well of its Project Deep Earth NO.1 in the Tarim basin, with a daily oil and gas flow of 200 tonnes in liquids and 50,000 cmg.
News
November 20, 2023
(WO) — Ukraine's state-owned Naftogaz’s subsidiary Ukrgasvydobuvannya has uncovered a highly promising gas deposit in the Carpathians, previously believed to be exhausted, the company announced on Nov. 20.
News
November 19, 2023
Drillers in the U.S. shale patch are again trying to rebound from slumping activity, this time expanding the oil rig count by the widest margin in nine months.
News
November 16, 2023
(WO) — Aramco announced that it has successfully produced the first unconventional tight gas from its South Ghawar operational area two months ahead of schedule.
News
November 16, 2023
(WO) — WhiteHawk Energy LLC has announced the acquisition of additional Marcellus Shale natural gas mineral and royalty assets for a total purchase price of $54 million.
News
November 14, 2023
The more bullish forecast for Permian production marks a turnaround from last month’s report, which had originally shown output contracting during every month between August and November from the prolific basin.
News
November 13, 2023
Asset highlights include recent production of approximately 32,000 boed (23% oil, 57% liquids) and PDP reserves of approximately 75 MMboe.
News
November 13, 2023
Prospera’s current gross production are 1,100 boed, with 400 boed shut-in to accommodate development, and another 300 boed behind pipe on minor repairs and optimization.
News
November 13, 2023
The West African nation’s junta has sought bids from companies to identify potential areas and produce basic data that’d help attract investors, according to a tender published by state oil company Societe Nationale des Petrole.
News
November 10, 2023
The ruling by Alaska-based U.S. District Judge Sharon Gleason means ConocoPhillips can continue developing the $7.5 billion project in the National Petroleum Reserve-Alaska that promises to eventually yield some 180,000 bopd.
News
November 09, 2023
The total includes 630 to drill new oil or gas wells, 7 to re-enter plugged wellbores and 50 for re-completions of existing wellbores.
News
November 07, 2023
The cash-and-stock acquisition will add about 800 drilling locations and an expected 56,000 boed of production in 2024, Calgary-based Crescent Point said Monday.
News
November 03, 2023
Average hourly earnings for front-line oil-and-gas workers rose 0.9% in September from the previous month to $43.63, according to a Labor Department report released Friday. Compared with a year ago, oil pay is up 5.7%.
News
November 01, 2023
The wells will provide a significant near-term production boost and are expected to generate substantial cashflows for the company, which can be reinvested into the development of its project in the Paradox basin, Utah.
News
October 31, 2023
Exxon Mobil Corp. named Bart Cahir as Senior Vice President of its shale division, replacing David Scott, who was arrested in Texas earlier this month and accused of sexual assault.
