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Indigo Natural Resources, Aethon Energy, and Rockcliff Energy are among the most active operators in the revived Haynesville Shale of North Louisiana and East Texas. And most people outside of the region likely have never heard of them.

The deal will bolster Arabian Drilling Company’s fleet to 67 rigs across the Middle East and North Africa.

The pact, which builds on the firms’ current partnership on the Buckskin project, covers four Keathley Canyon blocks including the Leon and Moccasin discoveries.

In the shale oil business, cash flow is a life or death issue. For smaller players, money from investors and lenders is getting harder to find.

After a long cooling off period, this dry-gas shale play is once again red hot.

The explorer has so far encountered 400 ft of reservoir pay zone in an area where it has three other producing fields.

Keen on Anadarko for a while, Occidental Petroleum is ready to do battle with Chevron for the big independent.

Houston-based Surge Energy drilled the Medusa Unit C 28-09 3AH well in the Midland Basin to a TMD of 24,592 ft, with a total horizontal displacement of 17,935 ft, or 3.4 miles.

With the purchase, the growing, privately-held Chrysaor Holdings will expand its UK North Sea production to 185,000 BOE/D.

Yellowtail-1 is the fifth discovery in the Turbot area, where ExxonMobil plans another Stabroek Block development hub.

Thirteen companies placed bids on 18 blocks in the Austral, North Argentina, and Malvinas West basins as part of Argentina’s first open bid round for offshore acreage in more than 20 years.

While some try to put the two enormous oil producers toe-to-toe, the best thing to do might be to understand why they are different.