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Facing increased pressure to deliver neutral cash flows and stronger corporate returns, North American E&P companies hedged more oil and gas production than usual heading into 2018.

The two supermajors and offshore powerhouses are assessing the latest Gulf of Mexico discovery.

The Irving, Texas-based supermajor plans to cash in on its expanded foothold in the Permian Basin, aided by a big reduction in the US corporate tax rate.

With portfolios that in some cases look dramatically different from a few years ago, the majors now have the ability to think about long-term upstream growth through deal making.

Full-year 2017 and fourth-quarter financial results show an improving picture for the industry’s three largest oilfield services companies. After 3-plus years of cutbacks, the service sector outlook has turned relatively positive.

Many startup companies promote the wonders of analytics but few can ensure that the methods used and data generated live up to the hype.

The global oil industry is positioned for stronger performance, reflecting the financial discipline and cost-cutting innovation driven by several years of low oil prices and the likely prospect of more stable market conditions.

Noble Energy’s latest planned gas development offshore Israel will not only have a major positive impact on the host country but could transform energy sourcing for the region, Project Manager Brian Hogan told the SPE Gulf Coast Section International Study Group recently.

A professor who the EPA charged with reviewing its 2016 study on hydraulic fracturing’s possible drinking water impacts shared her observations on the flawed process that led to the agency’s final conclusion.

Schlumberger has decided to quit the seismic acquisition business due to poor financial returns.

Total just strengthened its presence in United States deepwater plays through an acquisition from Samson that gives the French company a 12.5% interest in blocks covering the Anchor discovery, one of the most significant recent finds in the Gulf of Mexico.

Good reservoir detective work costs money, but two studies show how it can help identify even more expensive problems.