Asset Management
Spain has granted permits covering a swath of the mountain range to Mantle8 for natural hydrogen and helium exploration a month after France granted the company similar permits.
A new licensing deal with ZL Chemicals will make Chevron’s unconventional EOR technology available to other tight-oil producers.
Crude benchmarks spiked amid concerns that the US-Iran ceasefire is collapsing as commercial shipping comes under renewed attack.
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In this second part of a two-part series on advances in artificial lift, we’ll look at the state of optimization and a trio of techniques and technologies under development or new to the market. Look for quarterly reviews of specific types of lift in upcoming issues in the new year.
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The government is targeting a “fairer share” of the revenues from oil and gas developments.
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The French operator plans to drill the first exploration well on an onshore tract during 2023.
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US GOM players have come out of the pandemic slowdown with new perspectives on spending and cycle times and are targeting finds that can utilize existing hardware instead of those that require new iron.
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The next drilling target will look for reserves in three different plays in Louisiana.
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Petrobras will continue to operate the assets following the selldown of working interest.
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The acquisition plan supplants earlier merger agreement with new terms and a potential faster timeline for the combination.
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A leaner and wiser Weatherford seeks new Middle East contracts while growing margins and market share on existing business.
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The US supermajor has made more than 30 discoveries offshore the South American country since exploration efforts began in 2015.
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The world's two largest oilfield service outfits are riding a wave a renewed upstream spending while Baker Hughes posted its second straight quarterly loss.