North America ///
With many of the Well Control Rule provisions set to take effect in less than a week, on July 28, Bureau of Safety and Environmental Enforcement (BSEE) Director Brian Salerno today reminded his senior staff to provide timely responses to any questions the agency receives.
Deep Down, an oilfield services company specializing in deepwater and ultra-deepwater oil production distribution system support services, has received orders for flying leads and umbilical accessories, valued at over $3 million, directly from two major operators.
Oil dropped to the lowest in three months in New York after U.S. producers increased drilling for a fourth week even as the market contends with abundant stockpiles.
Highlands Natural Resources has entered into a farm-in agreement in Arapahoe County, Colo., with Renegade Oil & Gas Company, which will allow it to drill up to six horizontal wells in acreage prospective for the Niobrara shale formation.
Suncor Energy Inc. plans to hold total greenhouse gas emissions at current levels through 2030, even as it boosts crude production by targeting a reduction in carbon output per barrel.
Southwestern Energy Co.’s revival of its dormant drilling program may be the beginning of the end for the U.S. natural gas rally.
BOEM Director Abigail Ross Hopper announced Friday that the bureau will offer 23.8 million acres offshore Texas for oil and gas exploration and development in a milestone lease sale that will include all available unleased areas in the Western Gulf of Mexico Planning Area.
U.S. oil producers continue to revive drilling in the shale patch, adding rigs for the fourth consecutive week in the longest streak of increases since August.
Noble Energy has started production at the company's Gunflint oil development in the deepwater Gulf of Mexico.
Precision Drilling Corp. is eyeing growth in Kuwait and other Middle Eastern countries once crude prices recover as a way to reduce dependency on North American markets, CEO Kevin Neveu said.
The number of dormant crude and natural gas wells in the U.S. stopped growing in the first quarter—and may all but disappear in the nation’s biggest oil field should prices hold steady.
Of the more than $370 billion in global capital expenditure cut by upstream developers across 2016 and 2017, $150 billion was slashed in the U.S. Lower 48 alone—more than three times any other single country, according Wood Mackenzie.
Technip was awarded a Master Services Agreement (MSA) by SCT&E LNG, Inc. for their proposed 12 mtpa LNG export terminal on Monkey Island, in Cameron Parish, La.
The first cargo of liquefied natural gas set to pass through the newly expanded Panama Canal locks will be American.
Packers Plus Energy Services’ StackFRAC Titanium XV HPHT open hole ball drop completion system enabled operators in Alberta's Duvernay formation to achieve cost savings of up to 30% compared to plug-and-perf completion methods.
Sanchez Production Partners (SPP) has closed the sale of substantially all of its operated oil and natural gas wells, leases and associated assets and interests in Oklahoma and Kansas.
A cargo of Alaska North Slope crude is scheduled to load next week aboard a foreign-flagged tanker for the first time in more than 30 years.
Chesapeake Energy Corp., the company Aubrey McClendon built into a natural-gas giant, was sued along with his former partner by investors who say the pair conspired to rig bids for drilling rights during the shale boom.
U.S. Silica Holdings, Inc., has agreed to acquire a leading regional sand producer for approximately $210 million, subject to certain adjustments at closing.
Devon Energy Corp. has brought online another successful spacing pilot and a record-setting oil well in the over-pressured oil window of the STACK play.