Management
The purchase includes approximately 260 producing wells and expands Caturus’ footprint in the Eagle Ford and Austin Chalk.
The Granat prospect on the Norwegian Continental Shelf may be developed with a subsea tieback to existing infrastructure.
The asset sale to an undisclosed buyer includes 360,000 net acres in Oklahoma.
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Schlumberger beat Wall Street expectations in its second quarter and is seeing positive signals in its international growth prospects. -
The US remained Europe’s biggest supplier of LNG in Q1 2021, a position it has held since mid-2019 when competition with Russia began to heat up.
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The FBI also released a security advisory and details regarding 23 attacks on oil and gas companies from December 2011 to 2013.
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A 2020 cyberattack resulted in the theft of 1 terabyte of information from the oil giant.
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Halliburton and Baker Hughes both forecast moderate growth in their latest quarterly earnings reports.
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Petroleum engineering will be needed for decades to come to provide the required energy for the world and help alleviate the challenges of climate change. It will evolve into energy transition as it has been changing since its inception in modern history.
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SwRI’s EZ Flow treatment process is intended to cut down on cost and energy intensity of heavy-crude pipeline transportation.
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Chevron is having to drill a fifth production well at Israel’s Leviathan natural gas and gas-condensate field to keep production ahead of rising demand, driven by exports to Egypt’s growing LNG hub.
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The deal will see the gradual elimination of the production cuts that at the beginning of the pandemic totaled nearly 9.7 million B/D.
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Russian oil major Lukoil expanded its Gulf of Mexico presence, acquiring a 50% operator interest in Mexico’s Area 4 offshore license area.
