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The Essington-1 well is the first discovery in the Otway since 2021.

The ruling means the state will take over permitting and enforcement of EPA regulations pertaining to all classes of wells, including injection wells for carbon dioxide storage.

Proposed and final notices of sale represent nearly 80 million acres in the Gulf of Mexico and approximately 1 million acres in Alaska’s Cook Inlet.

The US and UK sanctioned Russian independent Lukoil International and state-owned Rosneft in a bid to pressure Russia over Ukraine.

Petronas CCS Ventures receives Malaysia’s first offshore assessment permit for carbon capture and storage in the Duyong field offshore Peninsular Malaysia.

Ranger acquires American Well Services for $90.5 million, adding 39 workover rigs and boosting its fleet by 25%.

The event on 14 January in Houston will bring together leading economists and industry leaders and will debut the North American edition of Energython, “Molecule to Megabyte,” a business case challenge for students focused on gas-to-data-center solutions.

The Texas-based geothermal company said it set a new temperature record and achieved strong drilling performance in its first enhanced geothermal pilot.

Plans call for license partner Aker BP to serve as operator during the development phase, with operatorship reverting to DNO after first oil in 2028.

Even as industry faces policy and tariff uncertainty, companies view spending on digital transformation as a driver of efficiency.

Production from the Búzios field now tops 1 million B/D with six floating production systems in operation and more on the way.

Geophysicist Markos Sourial discusses advances in seismic imaging, the challenges of modern data processing, and what they mean for the next wave of subsurface professionals.