ConocoPhillips

Shell is getting out of the Permian by selling out to ConocoPhillips, which has added to its bets in the west Texas play for the second year in a row.

The energy transition was present but not at center stage at recent earnings calls as majors celebrated their improving financial performance.

A fast-moving pressure pulse is the priority of a research and development initiative that, if successful, will result in a new diagnostic technology for horizontal wells in tight reservoirs.

Recent decisions by US market regulators reflect growing pressure on the largest US oil producers to back up emissions targets with more detailed strategies through disclosures.

ConocoPhillips, Pioneer view Exxon, Chevron as prime movers to bring investment back into the play.

The Houston-based oil and gas company has expanded its footprint in the liquids-rich Permian by more than 550,000 acres.

The new field is the fourth exploration well the operator has drilled offshore Norway in the past 16 months.

ConocoPhillips promised more than just growth and costs savings when it announced a deal to acquire Concho.

When a plug gets stuck in a well, consider the cause. Often stuck fracturing tools are a warning sign of casing trouble. Companies that have investigated plug problems have been surprised by the findings.

Oil sands producers predicted they could reduce production by 300,000 B/D by turning down steam injection. This will test methods to reduce, rather than stop, injection to avoid the damage caused by rapid cooling in some wells.