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CNOOC Discovers Over 100 Bcm of Proved Gas in South China Sea
CNOOC’s Lingshui 36-1 is the world’s first large, ultra-shallow gas field in ultra-deep water.
CNOOC Encounters High Yield Well in Beibu Gulf
CNOOC’s well was tested to produce over 1,000 cu. m/d of oil equivalent, making it the first well of such productivity in the Wushi Sag area.
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.
The Latest
US Drillers Add Oil, Gas Rigs for Third Time in Four Weeks
The oil and gas rig count rose by two to 588 in the week to Aug. 9. Despite this week's rig increase, Baker Hughes said the total count was still down 66 rigs, or 10% below this time last year.
Strategic Minerals Buying: A Complex Game of 52 Card Pickup
Enverus’ minerals expert Phil Dunning pulls back the curtain on generational changes and seismic shifts in the U.S. minerals market that make it challenging to for aggregators to achieve scale.
Granite Ridge Adds Interests in Midland, Delaware, Williston
Non-op Granite Ridge Resources closed transactions during and after the second quarter in multiple plays, including the Midland, Delaware, Williston, D-J and Appalachian basins.
SM, Vital Reveal Wildcatting for Permian Barnett and Woodford Oil
SM Energy has landed two tests in its Midland Basin leasehold, while Vital Energy reports it’s drilled four. SM’s IPs are promising, while Vital has just begun flowback.
Kosmos’ Stars Shine Bright in 2Q
With the startups of Jubilee Southeast and Winterfell, Kosmos Energy is halfway to achieving its production goal.
Olenox to Operate 181 NatGas Wells in Hugoton Field
New Asia Holdings selected Olenox Kansas to operate in the Hugoton, the largest natural gas field in North America.
Chevron Warns of Ongoing Uncertainties in Venezuela After Elections
Chevron, the only U.S. company operating in Venezuela, warned of ongoing uncertainties in the South American after recent presidential elections, and the company has already said it will not invest new capital into the country.
Devon Capitalizing on Bakken, Eagle Ford Refracs
Devon Energy’s Delaware Basin production dominated the quarter for the multi-basin E&P, but the company is tapping into recompletion opportunities to supplement production, executives said.
CNOOC Discovers Over 100 Bcm of Proved Gas in South China Sea
CNOOC’s Lingshui 36-1 is the world’s first large, ultra-shallow gas field in ultra-deep water.
Atlas Energy Appoints Chris Scholla as New COO
Chris Scholla previously served as Atlas Energy Solutions’ chief supply chain officer and pushed the company into the oilfield logistics market.