Onshore
News
September 28, 2023
TAG Oil Ltd. has commenced drilling the horizontal portion of the BED4-T100 ("T100") well in the Badr oil field ("BED-1") in the Western Desert of Egypt. TAG Oil successfully drilled the vertical pilot hole to a depth of 3,290 m.
News
September 28, 2023
The Toronto-based company sees its natural gas production rising to 60 MMcfd in the third quarter of 2024 as its Sinu-9 block comes online in the Lower Magdalena basin, according to Chief Financial Officer Jorge Fonseca.
News
September 27, 2023
In addition to expressing concerns regarding costs, executives continued to criticize President Joe Biden for his energy policy that many see as intended to run them out of business.
News
September 26, 2023
The survey is designed to assist in the evaluation and horizontal development of multiple zones, including the emerging Barnett Shale, Mississippi Lime, and Devonian horizons, which are highly prospective with analogous play concepts having been proven just north of Pontiac in Andrews County.
News
September 26, 2023
Shale executives issued calls for the Biden administration to adopt consistent policies that will allow them to drill more. Failure to do so, they warned, will lead to tighter energy supplies and higher prices.
News
September 25, 2023
The Permian Strategic Partnership welcomed its 25th member, Liberty Energy, a North American oil field services firm that offers suites of completion services and technologies to onshore oil and natural gas exploration and production companies.
News
September 25, 2023
Costs for drilling rigs and steel used to line the inside of oil wells have come down recently, Chief Executive Officer Rick Muncrief said during an interview on Monday.
News
September 21, 2023
Thanks to a $3 million grant from the Louisiana Department of Natural Resources, LSU Craft & Hawkins Department of Petroleum Engineering Professor Ipsita Gupta is working with a team of LSU researchers to find out which wells are leaking and measure their emissions before and after they are plugged.
News
September 18, 2023
This exploration license 434, similar to Zion’s previous exploration licenses, will be valid for three years until September 13, 2026, with the option of four 1-year extensions, for a total of seven full years until September 13, 2030.
News
September 15, 2023
Gas rigs in the Eagle Ford shale play in South Texas more than doubled this week to five, according to data released Friday by Baker Hughes Co.
News
September 14, 2023
TGS well packages are interpretation-ready and include products such as standardized digital logs (LAS, LAS+, Mud LAS, Lith LAS), validated well headers, quality-controlled directional surveys and other available derivatives.
News
September 14, 2023
One in five new wells in the Permian basin of West Texas and New Mexico will rely on subterranean horizontal holes of 3 miles or longer in 2024, double the share this year and up from virtually zero just two years ago, according to research firm Rystad Energy.
News
September 12, 2023
The total includes 710 to drill new oil or gas wells, 8 to re-enter plugged wellbores and 92 for re-completions of existing wellbores.
News
September 08, 2023
The latest drilling campaign entailed the drilling of six new wells, including three producing wells and three wells dedicated to water injection, as part of a secondary recovery project.
News
September 06, 2023
The moves come in the wake of the administration’s decision to approve ConocoPhillips’s Willow oil project in the National Petroleum Reserve-Alaska. The initiatives announced Wednesday target territory in northern Alaska, long prized for its oil and gas potential.
News
September 04, 2023
Eni announced the signing of an agreement with Oando PLC - Nigeria’s indigenous energy solutions provider - for the sale of Nigerian Agip Oil Company Ltd, a wholly Eni-owned subsidiary focusing on onshore oil and gas exploration and production in Nigeria.
News
August 31, 2023
The drilling of well WR-34Z follows on from two successful wells, JKT-01Z and WR-B01Za, which have significantly enhanced the company’s production profile. As with these wells, WR-34Z is a low-cost side-track hole drilled from an existing donor well.
News
August 31, 2023
Initial evaluation confirms reservoir continuity of the Amungee Member B-shale over 150 kilometers between Amungee NW-2H and Beetaloo W-1 wells. This includes a target development area of approximately 1 million acres where the shale depth exceeds 2,700 meters.
News
August 29, 2023
Geologically viable but unproven inventory is at the forefront, as high-quality drilling locations become scarce over the next decade.
News
August 28, 2023
Reinvestment rate surged to 72% in the second quarter, highs not seen since 2020, according to the study focusing on 18 companies that collectively account for about 40% of U.S. shale output.
News
August 25, 2023
Rigs targeting both crude and natural gas in the West Texas and southeast New Mexico region declined by 7 to 320 this week, according to data released Friday by Baker Hughes Co.
