Business/economics
The long-term outlook analysis says a potential shift toward new construction could push 2026 production 3% above 2025 levels.
Lower operating expenditures and a changing asset mix helped UKCS operators cut average production costs by 9% year over year, despite relatively flat production levels, according to the NSTA.
The deal adds 40,000 B/D of production and epands Cenovus’ SAGD footprint with three Alberta assets.
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This paper presents a retrospective of the most-significant technologies developed and deployed in the Campos Basin for more than 80 production systems in more than 30 oil- and gas-field developments. -
These most recent deals bring the services company's divestiture total to $1 billion over the past 1 1/2 years.
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Equinor increases its stake in the Njord redevelopment project as part of the agreement, while Faroe gains Equinor's stakes in four Norwegian Sea and North Sea fields.
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Opponents of Colorado’s New Oil and Gas Regulation Law Won’t Try To Repeal It—at Least Not This YearOpponents had planned to ask voters in November 2019 to repeal and replace the law, but the Colorado secretary of state's office has rejected four versions of their proposed ballot initiative.
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The deal will bolster Arabian Drilling Company’s fleet to 67 rigs across the Middle East and North Africa.
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The pact, which builds on the firms’ current partnership on the Buckskin project, covers four Keathley Canyon blocks including the Leon and Moccasin discoveries.
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In the shale oil business, cash flow is a life or death issue. For smaller players, money from investors and lenders is getting harder to find.
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Keen on Anadarko for a while, Occidental Petroleum is ready to do battle with Chevron for the big independent.
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The web-based interactive tool provides users specialized “ocean neighborhood analyses,” including maps and graphics by analyzing more than 100 ocean datasets instantaneously.
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