U.S. tight rock oil production exceeded 9 million barrels per day in March, according to the U.S. Energy Information Administration. The story began 20 years ago in Richland County, Mont., with a prospector, two wildcatters, Halliburton and a bold venture: land a lateral in the middle Bakken—and frac it.
Check out the latest E&P highlights from around the world.
Check out the latest E&P highlights from around the world.
Check out the latest E&P highlights from around the world.
The resources estimate for the Stabroek Block has increased to more than 6 billion barrels of oil equivalent.
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Algeria has made an important gas discovery in the southwest province of Tindouf, Energy Minister Mohamed Arkab said on Monday.
The country aims to manage its burgeoning oil sector responsibly, while attracting further investment and funding needed for infrastructure projects and services.
The Brulpadda well encountered 57 m of net gas condensate in Lower Cretaceous reservoirs. The well was extended to a final depth of 3,633 m and has also been successful.
The old is new once again in the western Anadarko Basin, as private independents revive the slumbering province.