The Latest

AI Moves into Next Phase of E&P Adoption as Tech Shows Full Potential

AI adoption is helping with operations design and improving understanding of the subsurface for big companies. Smaller companies are beginning to follow in their footsteps, panelists said at Hart Energy’s DUG Gas Conference.

E&P Highlights: March 24, 2025

Here’s a roundup of the latest E&P headlines, from an oil find in western Hungary to new gas exploration licenses offshore Israel.

Lufkin Sells North America Downhole Business to Q2 Artificial Lift

Lufkin Industries will focus on software and surface equipment while Q2 Artificial Lift Services will expand its downhole services.

More Players, More Dry Powder—So Where are the Deals?

Bankers are back and ready to invest in the oil and gas space, but assets for sale remain few and far between, lenders say.

Superhot Rock Drillers Advance Technology to Rival Oil and Gas

Building on synergies with the oil and gas sector, geothermal companies seek to go hotter and deeper to unleash energy.

Trump Administration to Open More Alaska Acres for Oil, Gas Drilling

U.S. Interior Secretary Doug Burgum said the agency plans to reopen the 82% of Alaska's National Petroleum Reserve that is available for leasing for development.

Oil & Gas, Geothermal Technology Transfer Not a One-Way Street

Technologies commonly used in oil and gas are making it cheaper to drill deep into hot reservoirs to generate geothermal power, but the oil sector could also learn from geothermal, panelists say.

Exxon’s Dan Ammann: Bullish on LNG as Permian Drilling Enters ‘New Phase’

Dan Ammann, Exxon Mobil’s new upstream president, is bullish on the long-term role of LNG in meeting global energy demand. He also sees advantages of scale in the Permian Basin.

APA's Apache Reports Another Oil Discovery on Alaska's North Slope

APA Corp. and its partners plan flow tests after the success of the Sockeye-2 exploratory well.

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.