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USGS: 47 MMbbl of Oil, 876 Bcf of Gas in Conventional Rockies’ Basins
The U.S. Geological Survey surveyed areas where potential hydrocarbons in as yet undiscovered oil and gas formations in the Wind River, Bighorn and Powder River basins.
Michael Hillebrand Appointed Chairman of IPAA
Oil and gas executive Michael Hillebrand has been appointed chairman of the Independent Petroleum Association of America’s board of directors for a two-year term.
Big Spenders: EPA Touts Billions in Clean Energy Spending
Nearly $69 billion in funding from the Inflation Reduction Act and Bipartisan Infrastructure Law has been dispersed by the Environmental Protection Agency in its clean energy push.
Shale Outlook Uinta: Horizontal Boom to Continue in 2025
After two large-scale transactions by SM Energy and Ovintiv, the Uinta Basin is ready for development—and stacked pay exploration.
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USGS: 47 MMbbl of Oil, 876 Bcf of Gas in Conventional Rockies’ Basins
The U.S. Geological Survey surveyed areas where potential hydrocarbons in as yet undiscovered oil and gas formations in the Wind River, Bighorn and Powder River basins.
Michael Hillebrand Appointed Chairman of IPAA
Oil and gas executive Michael Hillebrand has been appointed chairman of the Independent Petroleum Association of America’s board of directors for a two-year term.
Big Spenders: EPA Touts Billions in Clean Energy Spending
Nearly $69 billion in funding from the Inflation Reduction Act and Bipartisan Infrastructure Law has been dispersed by the Environmental Protection Agency in its clean energy push.
Shale Outlook Uinta: Horizontal Boom to Continue in 2025
After two large-scale transactions by SM Energy and Ovintiv, the Uinta Basin is ready for development—and stacked pay exploration.
E&P Highlights: Dec. 16, 2024
Here’s a roundup of the latest E&P headlines, including a pair of contracts awarded offshore Brazil, development progress in the Tishomingo Field in Oklahoma and a partnership that will deploy advanced electric simul-frac fleets across the Permian Basin.
The Explosive Evolution of Fracking: A 75-Year Journey
Despite some initial resistance to the idea, Halliburton and Stanolind Oil pioneered the hydraulic fracturing that led to the shale boom.
More Oil, Gas Exploration Needed Now—WoodMac
New discoveries can reduce costs and emissions intensity while delivering value for resource holders and explorers, Wood Mackenzie analysts said.
Exxon to Sell Older Permian Assets to Hilcorp in $1B Deal, Sources Say
Reuters reported in June that Exxon was auctioning the assets to focus on higher growth shale drilling properties, following the completion of its $60 billion takeover of Pioneer Natural Resources in May.
2024 E&P Meritorious Engineering Awards for Innovation
Hart Energy’s MEA program highlights new products and technologies demonstrating innovations in concept, design and application.
E&P Highlights: Oct. 28, 2024
Here’s a roundup of the latest E&P headlines, including a new field coming onstream and an oilfield service provider unveiling new technology.