Onshore
Article
June 2024
Operators that rule out powerful permanent magnet motors for artificial lift operations are constraining environmental and efficiency gains.
Article
June 2024
Thick, durable barrier coatings protect continuous rod from mechanical and corrosion damage, reducing rod fatigue failures, associated downtime, and operating costs.
News
July 01, 2024
To date, Apex has drilled 10 wells. Six of the 10 drilled wells are currently producing, one has been completed as a water supply well for a water injection project, two are discoveries waiting on completions, and one was a dry hole.
News
June 30, 2024
U.S. Energy Development Corporation (U.S. Energy) is expanding its operations in the prolific Permian basin. U.S. Energy is poised for significant growth and development in one of the most productive oil and gas regions in the United States.
News
June 30, 2024
The contracts relate to phase two development of the vast Jafurah unconventional gas field, phase three expansion of Aramco’s Master Gas System, new gas rigs and ongoing capacity maintenance.
News
June 27, 2024
SM Energy Co. and Northern Oil and Gas Inc., two U.S. shale drillers, agreed to acquire assets in Utah’s Uinta basin for about $2.6 billion in cash, the latest in a string of oil and gas acquisitions as operators look to scale up.
News
June 26, 2024
More than 50% of oil executives told the Dallas Fed they foresee lower domestic crude production if the consolidation trend continues for five years, according to second-quarter survey results released Wednesday.
News
June 26, 2024
Caerus aims to be “the Rocky Mountain region’s most efficient producer,” according to its website. The company operates more than 7,400 wells in the Piceance Basin in Colorado and Uinta Basin in Utah. It also has infrastructure assets including 2,400 miles of gas and water pipelines and a number of water treatment and storage facilities.
News
June 25, 2024
Pytheas Energy, Inc announced the addition of three producing oil and gas properties to its growing portfolio: the Andrews Crane asset, the Bakken asset, and the Minerva-Rockdale asset. These represent both working and non-working interests in 620 oil and gas wells, with a combined gross current production of approximately 357 bpd.
News
June 25, 2024
The agreement’s scope is to deliver human resources solutions for Repsol’s multi-disciplinary resourcing needs in areas such as drilling and wells, geology and subsurface, HSE, logistics, operations, maintenance, decommissioning, administrative support and cost control.
News
June 25, 2024
The shale asset (named Tatonka, approx. 46,500 acre) is in Texas with access to the Gulf Coast industrial area, which includes LNG export terminals and ammonia plants. MEPUSA will begin a drilling campaign to evaluate the well performance and develop and operate the asset for full-scale development after 2026.
News
June 25, 2024
Enverus has released its annual list of the 100 most prolific private oil and gas producers in the U.S. based on gross operated production, well count and rig movements across last year. Continental Resources and Ascent Resources remain in the top two positions on the list, with Aethon Energy moving up to the third position, according to Enverus.
News
June 24, 2024
ATP will pay 100% of the work program, which initially consists of drilling and completing the AND-4 and AND-5 wells in the Andorinha field and a workover in the CR-2 well located in the POT-T-281 block.
News
June 24, 2024
The aim of the agreement is to set out the next steps for implementing a gas to industry business through, on one side, commercialization of domestic gas and, on the other, the creation of a midstream compressed natural gas (“CNG”) partnership to supply Morocco’s growing industrial energy needs.
News
June 21, 2024
In a Tuesday panel at URTeC 2024, a key industry concern was to “make sure the talent is always flowing.” That was the sentiment expressed by Gretchen Gillis, Senior Geological Consultant, Saudi Aramco, Americas, drawing on a combination of experience with academia and the oil and gas industry. Other panelists included Dr. Zoya Heidari, Associate Professor, The University of Texas, Austin; Dr. Shaina Kelly, Assistant Professor, Columbia University; and Katerina Yared, Project Manager, Projeo Corporation.
News
June 20, 2024
Production start-up is expected in 2027, with a plateau of 300 MMcfgd (about 70,000 boed, including condensates). Gas from Ubeta will be supplied to NLNG, a liquefaction plant located in Bonny Island, in which TotalEnergies holds a 15% interest.
News
June 18, 2024
The Helmerich & Payne drilling rig is being rigged down and transported off location. Production testing equipment will then be mobilized to site. Testing is expected to commence within two weeks and is expected to take less than ten days to complete.
News
June 18, 2024
This five-year agreement covers a comprehensive range of services, from consulting and concept to detailed engineering, aimed at optimizing and expanding the existing facilities and infrastructure of one of the largest oil and gas condensate fields in the world.
News
June 18, 2024
Supported by TGS' extensive geological database, which includes data from over 425,000 wells and various interpretive products in the Permian basin, this survey offers a comprehensive resource for exploration and development.
News
June 18, 2024
Improvements in drilling and fracking techniques amid a wave of corporate takeovers will drive the expansion and more than offset recent reductions in rig deployments, analysts at the the London-based bank wrote in a note titled ‘Underestimate U.S. shale at your peril.’
News
June 14, 2024
The Vaca Muerta, Spanish for dead cow, is an oil and gas field in western Argentina, which is said to have natural gas reserves that rival the Permian basin. Its shale oil production, currently at about 300,000 bpd, is expected to grow to more than 1 MMbpd by 2030.
