The revenues from Oceaneering International’s manufactured products contracts range in value from less than $10 million to greater than $100 million.
CNOOC plans 118 development wells in the shallow water project in the Bohai Sea — the largest secondary development and adjustment project offshore China.
Aethon’s wells show no signs of flatlining—and neither are Comstock Resources’ tests, one of which has already reached nearly 50% of its previously estimated EUR.
The EPCIC contracts support the expansion of the offshore Al-Shaheen Field, Qatar’s largest oil field.
Here’s a roundup of the latest E&P headlines, including activity at the Ichthys Field offshore Australia and new contract awards.
CNOOC Ltd. plans on $17.5B capex in 2024, with 63% of that dedicated to project development.
Here’s a roundup of the latest E&P headlines, including FIDs for the Victory and Winterfell fields and new technology updates.
EOG’s latest wells in its new Ohio oil play are rolling into state public records, while Ascent Resources and Encino Energy are reporting the biggest producers. All three are landing 3-milers. Some are 3.5 miles.
Guyana’s economy is expected to grow 34.3% in 2024, exceeding growth of 33% in 2023, as an Exxon Mobil Corp.-led consortium ramps up offshore oil production, according to Guyana’s finance minister Ashni K. Singh.
Even with its revised timeline, Trillion maintains its production guidance of 7.547 MMcf/d before royalties.