Woodside Energy is making a massive bet offshore Mexico at the large, high-quality conventional resource Trion development, checking key production, climate and financial boxes for both Mexico and partners Woodside and Petroleos Mexicanos.
Colombia’s reserves-to-production ratios for oil and gas are now both less than eight years, according to recent data released by the country’s National Hydrocarbon Agency (ANH).
Artificial intelligence and new simulation technologies are automating the modeling process for oil and gas, carbon capture and storage and geothermals.
Former Tullow Oil CEO Paul McDade is leading a new company, Afentra, aimed at rejuvenating mature West Africa oil fields.
Here’s a roundup of the latest E&P headlines, including a field start up and a well drilled to a basin with record depth from the past week in the upstream oil and gas industry.
A transaction with Munich Re Reserve Risk Financing provides W&T Offshore with the dry powder needed to continue to accretively grow through “attractive producing property acquisitions,” CEO Tracy Krohn says.
The biggest change in undiscovered technically recoverable oil and gas resources offshore the U.S. were seen in the Gulf of Mexico region, the BOEM says.
United Arab Emirates' Energy Minister Suhail al-Mazrouei said on Nov. 23 the latest oil discoveries are part of state-owned Abu Dhabi National Oil Co.'s efforts to increase production capacity to 5 million barrels per day (MMbbl/d) by 2030.
he Nidoco NW-1 exploratory well hit gas-bearing sands for a total thickness of 100 meters, Eni said.
The approach leverages sound waves to give operators eyes inside their wellbores.