The Latest

Prairie Operating Plans 11-Well Development at Rusch Pad in Colorado

Prairie Operating Co. has begun an 11-well development program in Weld County, Colorado, following the closing of its $603 million deal for Bayswater Exploration and Production assets.

E&P Highlights: March 31, 2025

Here’s a roundup of the latest E&P headlines, from a big CNOOC discovery in the South China Sea to Shell’s development offshore Brazil.

TechnipFMC Awarded EPCI for Equinor’s Johan Sverdrup Phase 3

The Johan Sverdrup Field, which originally began production in 2019, is one of the largest developments in the Norwegian North Sea.

In Colorado, the Regulatory Noose Tightens for E&Ps

More stringent rules on everything from drilling and orphan wells to emissions is raising the cost of fossil fuel production in the state.

Shell Takes FID on Gato do Mato Project Offshore Brazil

Shell Plc will be the operator and 50% owner, with Ecopetrol holding 30% interest and TotalEnergies 20%.

Sabine Oil & Gas to Add 4th Haynesville Rig as Gas Prices Rise

Sabine, owned by Japanese firm Osaka Oil & Gas, will add a fourth rig on its East Texas leasehold next month, President and CEO Carl Isaac said.

Vitol Boosts Upstream Presence in West Africa with $1.65B Deal

Vitol is acquiring oil and gas E&P assets in Cote d’Ivoire and the Republic of Congo from Eni for $1.65 billion.

Equinor Begins Producing Gas at Development Offshore Norway

Equinor started production at its Halten East project, located in the Kristin-Åsgard area in the Norwegian Sea.

CNOOC Starts Production at Two Offshore Projects

The Caofeidian 6-4 Oilfield and Wenchang 19-1 Oilfield Phase II projects by CNOOC Ltd. are expected to produce more than 20,000 bbl/d of crude combined.

Expand Lands 5.6-Miler in Appalachia in Five Days With One Bit Run

Expand Energy reported its Shannon Fields OHI #3H in northern West Virginia was drilled with just one bit run in some 30,000 ft.