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The large independent joins the ranks of many other oil and gas producers who have been forced to reduce their exploration activity and the value of their booked reserves due to lower energy prices.

Forced to tighten their belts financially by the coronavirus pandemic, businesses are increasingly using software that automates back-office tasks. The idea, of course, is for companies to save money by reducing the number of workers they need to handle clerical work.

The latest deal is set to make Southwestern Energy the third-largest producer in the gas-rich Appalachian Basin.

The Cameron LNG project completed its final train this month, but other LNG projects such as Calcasieu Pass LNG, Driftwood LNG, and Lake Charles LNG face difficulties during the economic downturn.

Among the top 50 oilfield service firms, downsizing is estimated to land at a headcount of 610,000, down from the 760,000 maintained after the 2016 downturn.

The companies say they expect the alliance to provide an integrated, open-architecture software platform designed to maximize asset potential.

Twelve SPE sections have been awarded the 2020 SPE Presidential Award for Outstanding Section, the highest honor a section can receive.

ExxonMobil is reluctant to join other big oil companies writing down the value of their reserves. It could chop its reserves by 20%, but it has not made a final decision.

It's not just semantics. Companies that fail to understand the differences between data privacy and data security put their brands and bottom lines in jeopardy.

Working from home has become the new normal, but the oil and gas industry is looking at safety measures and innovations in preparation for bringing back its remote workforce.