The Latest

Woodside Awards SLB Drilling Contract for Project Offshore Mexico

SLB will deliver 18 ultra-deepwater wells for Woodside Energy’s Trion ultra-deepwater project starting in early 2026.

Refrac King BKV Sees More Runway in Barnett Shale

BKV says it has more than 15 years of refrac and new drilling inventory in the Barnett.

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.