Management
The asset sale to an undisclosed buyer includes 360,000 net acres in Oklahoma.
Phase 1 of the lease agreements calls for 2D and 3D seismic over the blocks.
Evolution Well Services will deploy electric pressure pumping units for Northeast Natural Energy, which operates in the Marcellus Shale.
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Satellite discovery will likely be tied back to one of the Troll platforms.
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Dry hole dampens spirits in Brazil’s Sergipe-Alagoas Basin.
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New FPS hosting production from a trio of deepwater fields.
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Drilling automation champions met to identify where this emerging technology needs to be by the end of the decade. What they ended up agreeing on most was that the business models used today are largely incompatible with the technology of the future.
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This paper describes a successful U-turn trajectory test in South Texas that has created new economic project opportunities for the company and increased optionality within challenged lease spaces across the field.
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Operator purchases outstanding interest in shallow water producing properties
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Seven years, and we’re on track to exceed the 1.5°C target established by the Paris Agreement in 2015 to limit global warming by 2030. Instead, we may be turning up the heat to 3.0°C. And in this case, doubling the wager does not hold potential for greater rewards. A recent report addressed the costs of technologies for emissions mitigation and their likelihood of mak…
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African nation becoming the latest global hotspot for giant oil finds.
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A team of engineers did something no one had done before: a full-scale fracturing test on the surface. The results surprised the fracturing experts involved.
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Plan to double gas output in order to help ease supply issues in Europe caused by Russian invasion.