Hess
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Updates about global exploration and production activities and developments. -
Chevron now holds a 30% stake in a prolific offshore Guyana development, where oil production is expected to ramp up over the next few years.
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As US shale potentially stares at a production plateau, operators and service providers are turning to smarter tools to extend the life of aging plays.
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The acquisition expands INEOS’s US upstream footprint and gives it a minority stake in a pair of deepwater Gulf of Mexico producing fields.
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Industry leaders champion collaborative solutions as essential for overcoming fracturing limitations.
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After being a non-factor in the energy industry for years, the country is now one of the fastest growing regions.
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One hydraulic fracturing job can stimulate two wells, but economic success hinges on doing it in the right place for the right price.
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The new frontier of production improvement combines surveillance techniques and analysis to determine which variables boost output.
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Drillships Deepwater Asgard and Deepwater Atlas have fresh US Gulf Mexico campaigns upcoming that will earn the driller more than $500,000 per day.
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Losing drill-hungry independent and private companies in the region to robust M&A will mean an activity slowdown that is expected to impact volumes coming from the nation’s largest oil field.
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