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The agreement follows the discovery of 724 million BOE in unconventional oil and gas reserves in November.

Westwood links 2026 exploration outcomes to policies, with operators offshore Norway finding seven times more resources than those offshore the UK.

Block Energy announced the completion of its carbon capture and storage pilot study, confirming the viability of the field for permanent carbon storage.

DNV awarded the Abu Dhabi National Oil Company a storage certificate at the endorsement stage for its West Aquifer site.

The purchase includes approximately 260 producing wells and expands Caturus’ footprint in the Eagle Ford and Austin Chalk.

The Granat prospect on the Norwegian Continental Shelf may be developed with a subsea tieback to existing infrastructure.

The asset sale to an undisclosed buyer includes 360,000 net acres in Oklahoma.

Four former gas-producing wells have been converted into injection wells and are now preparing to receive carbon dioxide for storage.

Phase 1 of the lease agreements calls for 2D and 3D seismic over the blocks.

This study reveals how production-induced depletion and geomechanical stress changes influence child-well performance in the Midland Basin, combining coupled simulations and machine learning to guide optimal well spacing, timing, and placement for infill development.