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The Nuclear Option: E&Ps See Promising Yield from Mobile Reactors
In the Permian Basin and elsewhere, energy players consider adding small modular reactors and microreactors to their energy supply mix as electricity demand grows.
As Oil Production Scales the Heights, Texas E&P Jobs Disappear —TXOGA
As operational efficiencies give E&Ps the ability to produce more oil with fewer rigs, Texas employment in the oil patch has fallen five out of the first six months of 2024.
Patterson-UTI Boosts Bottom Line with OFS Acquisitions
Less than a year out from the closing of its merger with NexTier and its acquisition of Ulterra Drilling Technologies, Patterson-UTI is taking strides not to be the latest has-been.
Prowling for Profit: Exxon Mobil Continues Low-carbon Market Chase
As Exxon Mobil sees massive profits from its upstream and refined products segments, the supermajor is bringing the full weight of its technological prowess to bear on unlocking value in low-carbon solutions.
The EPC Market Keeps Its Head Above Water
While offshore investments are rising, particularly in deepwater fields, challenges persist due to project delays and inflation, according to Westwood analysis.
From Failed Post-Civil War Railroad to Permian Basin Royalties Giant
The Texas Pacific Land Corp. has a storied history, setting it up to thrive in Permian royalties, water, easements and more.
E&P Highlights: Aug. 5, 2024
Here’s a roundup of the latest E&P headlines, including new oil discoveries and an implementation of AI technology in operations offshore United Arab Emirates.
Diamondback, on Hold for Endeavor Deal, Divests in Delaware Basin
Diamondback Energy sold non-core assets in the Delaware Basin in the second quarter and collected $375 million for its share of a midstream asset sale as its waits to close a $26 billion acquisition of Endeavor Energy Resources.
EOG Testing 700-ft Spacing in Ohio’s Utica Oil Window, Sees Success
EOG Resources’ test at the northern end of its 140-mile-long north-south leasehold produced IPs similar to those from a nearby pad.
Helmerich & Payne Announces New CFO J. Kevin Vann
H&P’s current CFO Mark W. Smith is set to retire Aug. 15.