Baker Hughes CEO: Transition Without Oil, Gas is a ‘Dream World’

The CEOs of Baker Hughes, SLB and Japan’s Inpex see an energy expansion that includes oil and gas—with lower emissions—as the most pragmatic way to tackle climate change.

A Tale of Two Strategies: How Baker Hughes, NOV are Traversing the Natural Gas Age

Natural gas demand is on the rise, and with that comes a flurry of measures to capitalize on evolving market needs. How are Baker Hughes and NOV navigating the changing energy landscape?

Diamondback Touts Land, Cheap Gas to Lure Data Centers to Permian

With 65,000 land acres, cheap natural gas and an abundant produced water supply, Diamondback wants to lure power-hungry data centers to West Texas.

GLJ, Energy Fuse Form JV Aimed at CCS and EOR Projects

GLJ said the partnership with Energy Fuse aligns with the U.S.’ focus on integrating carbon sequestration activities into state legal frameworks.

Fewer Rigs, Bigger Payoff: US Oil Production Continues to Climb Even as Rig Count Drops

Despite a decline in the number of rigs in the U.S., technological advances and improved efficiencies have kept production going, allowing companies to achieve more with fewer resources.

E&P Highlights: Nov. 4, 2024

Here’s a roundup of the latest E&P headlines, including a major development in Brazil coming online and a large contract in Saudi Arabia.

Exxon Plans Longest 20,000-Ft Wells on Pioneer’s Midland Asset

Exxon Mobil has already drilled some of the longest wells in the New Mexico Delaware Basin. Now, the Texas-based supermajor looks to go longer on Pioneer’s Midland Basin asset.

Oxy’s Hollub Drills Down on CrownRock Deal, More M&A, Net-zero Oil

Vicki Hollub is leading Occidental Petroleum through the M&A wave while pioneering oil and gas in EOR and DAC towards the goal of net-zero oil.

Exclusive: Ring Focused on Drilling Tech to Boost Central Basin Economics

Ring Energy CEO Paul McKinney delves into the company’s ongoing efforts to grow its Central Basin Platform portfolio through acquisitions and betting on drilling and completions technology, in this Hart Energy Exclusive interview.

Comstock: Monster Western Haynesville Wildcats Cost $30MM-plus

Comstock Resources is flowing back a 13th well currently in the play where the oldest has made 2.2 Bcf per 1,000 lateral feet to date in its first 29 months online.