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BP announced two North Sea discoveries, adding to signs of a revival in play that was looking old, tired, and overpriced a couple years ago.

Months after a pair of deadly explosions in the Colorado oil patch, drilling stocks remain hobbled by the specter of a regulatory clampdown.

The Oklahoma Supreme Court on 23 January unanimously ruled that oil and natural gas companies can be sued when a worker is killed or injured on the job.

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.

When SPE’s international health, safety, and environment conference opens in April, it will bring together professionals from around the world. This gathering of professionals, on top of the technical information shared, is what makes the conference so important, said Jack Hinton, program cochair.

Mexico’s Round 2.4 deepwater auction surpassed expectations as 19 of 29 blocks were awarded to 11 firms from 10 countries.

Low oil prices that forced operators to slash upstream spending budgets has led to the lowest level of discoveries in decades.

A JIP turned the dial closer to achieving all-electric subsea processing with the underwater testing of a subsea variable speed drive in a harsh water environment.

Two Gulf of Mexico incidents occurred that were related to compressors not being purged properly prior to startup. BSEE issued a Safety Alert outlining the circumstances and made recommendations for prevention.