News
December 06, 2022
The U.S. raised its forecast for oil production next year, reversing course after five straight months of cuts that stoked concern about a slowdown in output from shale fields.
News
December 05, 2022
B3 Insight has released a comprehensive water data offering for Wyoming, the company announced on Monday. This unique dataset is the first of its kind, and integrates data for injection wells, production sites, water rights and land parcels in addition to many water management layers and workflow tools.
News
December 01, 2022
The Biden administration is seeking to stop sales from the Strategic Petroleum Reserve mandated by Congress so it can refill the emergency reserve, a move that could impact the release of 147 million barrels of crude oil.
News
December 01, 2022
Canadian Natural Resources Ltd., Canada’s largest oil and gas producer, is aiming to raise production as high as 1 million barrels a day in 2023 for the first time as the company ramps up drilling amid historically high prices.
Article
November
Two NETL-funded projects are working to develop efficient natural gas conversion technologies that produce marketable solids and liquids to mitigate methane emissions into the atmosphere.
Article
November
The recovery of U.S. upstream activity is being slowed by high costs for equipment and services, personnel issues, and supply chain shortages, including spare parts.
Article
November
Need to achieve net zero? Big problem. But as demonstrated by an unprecedented list of remarkable technological achievements and recent initiatives, it’s clear our industry is not the problem. On the contrary, we are integral to the solution.
Article
November
Politics and regulations, particularly on the federal level, affect so much of the upstream industry’s health and performance, which can lead to a muddled mess in future developments.
Article
November
A mere 400 petroleum engineers are expected to graduate from U.S. universities in 2022, representing an 83% decline from the 2017 peak. The number of incoming students suggest that trend is not likely to change significantly anytime soon. What can the industry to tackle the challenge of attracting and retaining desperately needed technical talent?
News
November 28, 2022
The Biden administration plans to offer hundreds of thousands of acres off the coast of Alaska for new oil and gas drilling next month, a sale mandated in Democrats’ Inflation Reduction Act to win the support of holdout West Virginia Senator Joe Manchin.
News
November 27, 2022
The Biden administration granted Chevron Corp. a license to resume oil production in Venezuela after US sanctions halted all drilling activities almost three years ago.
News
November 25, 2022
The Sea Port Oil Terminal would be 30 miles off the Texas coast and is one of four proposed offshore terminals designed to dramatically expand the U.S. oil export capacity, The Texas Tribune and Earthworks reported.
Article
October 2022
This first article of a three-part series introduces the basis and results of 30-year lifecycle operation simulations performed to compare a subsea (wet tree) hub and spoke scheme to a dry tree phased approach using Frontier’s concepts to develop major discoveries in the ultra-deep high-pressure Gulf of Mexico.
News
November 21, 2022
Zephyr Energy Plc, the Rocky Mountain oil and gas company focused on responsible resource development and carbon-neutral operations, announced on Monday that drilling operations have commenced on the State 36-2 LNW-CC well at its flagship project in the Paradox Basin, Utah.
News
November 20, 2022
On Wednesday evening, Nov. 16, a celebration of 25 years of production from Hibernia oil field offshore Newfoundland and Labrador (NL) was held at the St. John’s Convention Centre. What follows are the comments delivered by Energy NL CEO Charlene Johnson.
News
November 20, 2022
The U.S. crude market’s structure is signaling oversupply for the first time in almost a year, the latest indicator of the scale of the dramatic slump in the nearest section of the oil futures market.
News
November 18, 2022
A milestone many never imagined feasible for the Hibernia project, the initiative that helped revolutionize the economy of Newfoundland and Labrador and created the province's oil industry, is commemorating 25 years of oil production.
News
November 17, 2022
The 5.3-magnitude earthquake hit at 3:34 p.m. local time near Mentone, Texas, according to the US Geological Survey. The event topped a magnitude 5 quake that struck just north on March 26, 2020 and was considered the region’s largest.
News
November 16, 2022
The U.S. Bureau of Ocean Energy Management on Wednesday announced eight draft Wind Energy Areas offshore the U.S. central Atlantic coast, drawing praise from the National Ocean Industries Association.
Article
October 2022
Since day one, the Biden administration has set the U.S. on a path toward more reliance on foreign energy from countries with lower environmental standards. Caving to green activists, President Biden launched an overly aggressive environmental campaign designed to phase out the U.S. hydrocarbon industry and the immense value it provides our country in terms of energy independence and employment opportunities.
Article
October 2022
In February, Russia initiated its unwarranted invasion of Ukraine and ignited an international energy crisis. Immediately thereafter, it appeared that the world and the U.S. would realize the mistakes made in relying on Russian O&G and on unreliable, expensive renewable energy.
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