Management
Ranger acquires American Well Services for $90.5 million, adding 39 workover rigs and boosting its fleet by 25%.
The Texas-based geothermal company said it set a new temperature record and achieved strong drilling performance in its first enhanced geothermal pilot.
Plans call for license partner Aker BP to serve as operator during the development phase, with operatorship reverting to DNO after first oil in 2028.
-
The acquisition marks a significant step forward in H&P’s international expansion strategy. -
The company behind a 42-mile sand conveyor system is now leaning into autonomous vehicles for proppant logistics.
-
In addition to securing the rig, Equinor has, on behalf of the partners, awarded SLB, Baker Hughes, and Halliburton agreements for drilling and well services for the Raia project worth around $109 million.
-
The tieback to the Energean Power FPSO is expected to deliver first gas in the first half of 2027.
-
The $900-million purchase will give Woodside a US LNG footprint and expand the operator’s LNG presence.
-
The process developed by Moscow’s Skolkovo Institute of Science and Technology shows promising results in the laboratory, suggesting a novel method to produce hydrogen from natural gas reservoirs while trapping carbon in permanent storage.
-
The Louisiana-based private producer is taking on more assets previously owned by Shell as it looks to secure its deepwater future.
-
A new article offers a comprehensive review of worldwide energy transitions to carbon neutrality and introduces the Decarbonization Index, an innovative indicator designed to gauge the progress of a nation’s energy transition.
-
The Persian Gulf nation is hoping that offshore exploration will help boost its production capacity to 4 million B/D by next decade.
-
BP’s 2024 Energy Outlook warns delayed decarbonization efforts will result in costly and disorderly energy transition.
