Management
The agreement requires the partners to conduct their own proprietary 3D survey of Block 8 in hope of zeroing in on the sweet spot that eluded the TotalEnergies-led consortium when it drilled a dry hole in an adjacent block in 2023.
Murphy Oil’s Hai Su Vang (Golden Sea Lion) appraisal well reinforces the commerciality of the 2025 discovery.
The London-headquartered independent acquires position in the US Gulf while preparing Zama for final investment decision.
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At SPE’s Permian Basin Energy Conference, operators shared behind-the-scenes details on innovations such as drilling horseshoe wells and trimulfrac completions along with in-basin challenges such as handling produced water.
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When it comes to staying on top of the latest upstream innovations, the easiest way to do it is already in front of you.
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The plan calls for developing a gas field, CCUS, and onshore compression, with first production expected in 2028.
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The USGS has said up to 19 million tons of lithium resource is contained in the briny waters of the Smackover formation in Arkansas.
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Wood Mackenzie analysis projects a full repeal of the Inflation Reduction Act is unlikely, while industry proponents urge permitting overhaul and loosening of burdensome regulations.
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A new type of porous material called a covalent organic framework quickly sucks up carbon dioxide from ambient air.
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Operator acquiring oil-weighted New Mexico assets of both Franklin Mountain Energy and Avant Natural Resources.
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The Denver-based independent is boosting its position in the Canadian shale play by 109,000 net acres, and about 70,000 BOE/D.
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Contract awards for EPC on shore-based liquification facilities and FEED for upstream offshore infrastructure in Mozambique’s ExxonMobil–Eni project bodes well for an East African LNG hub.
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With emissions mineralization established as a proven approach, the companies’ next objective is to move the underlying technology toward commercial success.