Chris
Mathews
Hart Energy
Oceaneering Awarded Multiple GoM Vessel Services Contracts
Oceaneering also secured two separate pricing agreements that include the use of new technologies from its integrated, customizable IMR service.
Worley to Service BP’s Global Site Projects
BP and Worley’s collaboration plans to save an initial estimated $40 million over two years across BP’s sites where Worley holds a service contract.
Petrobras to Reactivate ANSA Fertilizer Plant in Southern Brazil
Brazil’s state-owned Petrobras looks to restart operations at its Araucária Nitrogenados fertilizer plant, located in Brazil’s state of Paraná, in the second-half of 2025.
VAALCO Energy Updates Canadian Drilling Campaign Results
VAALCO Energy drilled four 2.75-miles wells, apparently in the Western Canadian Sedimentary Basin.
The Latest
Goodbye Manual Control: Vital Energy’s Automation Program Boosts Production
Production, ESP efficiency soared when the company automated decisions with AI at the edge.
Where, When and How to Refrac—Weighing All the Options
Experts weigh in on strategic considerations when deciding how to rejuvenate production from a tired well.
US Drillers Cut Oil, Gas Rigs for Fifth Time in Six Weeks
The oil and gas rig count, an early indicator of future output, fell by one to 584 in the week to July 12.
CEO: Devon Eyes 3-Mile Williston Wells With $5B Grayson Mill Deal
Devon Energy is digging deeper in the Williston Basin of North Dakota through a $5 billion deal with EnCap-backed Grayson Mill Energy.
Are 3-mile Laterals Worth the Extra Mile?
Every additional foot increases production, but it also increases costs.
Enverus Inventory Rankings: Pinpointing Shale’s Best Remaining Runway
The Montney Shale steals the spotlight in Enverus’ play rankings, while the Eagle Ford draws plaudits for its resilience.
Occlusion and Envana’s ‘Grave to Grave’ Solution for Orphan Wells
Despite no longer producing, abandoned wells pose a significant environmental problem. Occlusion and Envana look to remedy the “couple hundred thousand-well problem” with their Go2Green process for well retirement.
IBAT Cranks Up US Commercial Direct Lithium Extraction Facility
Houston-based International Battery Metals said the startup marks the first commercial-scale facility that uses DLE technology in North America and the world’s first modular commercial DLE plant.
Upstream, Midstream Dividends Declared in the Week of July 8, 2024
Here is a selection of upstream and midstream dividends declared in the week of July 8.
Solaris Stock Jumps 40% On $200MM Acquisition of Distributed Power Provider
With the acquisition of distributed power provider Mobile Energy Rentals, oilfield services player Solaris sees opportunity to grow in industries outside of the oil patch—data centers, in particular.