Cold, LNG growth and a steady trickle of agreements between natgas suppliers and data centers drove the forecast price higher, the U.S. Energy Information Administration said.
Oklahoma-based Momentum AI says its model helps drillers avoid fracture-driven interactions.
Here’s a roundup of the latest E&P headlines, from a Beetaloo well stimulated in Australia to new oil production in China.
Data and intelligence TGS provider now has six contracts scheduled on the Norwegian Continental Shelf.
New LNG export capacity and new gas-fired power demand have prices for 2025 gas and beyond much higher than the early 2024 outlook expected. And kicking the year off: a 21-day freeze across the U.S.
Oregon-based Espiku, in collaboration with Halliburton Labs, aims to help drillers reuse produced water and reduce disposal. The company is scouting potential pilot project sites in the Permian Basin, Bakken and North Texas.
Here’s a roundup of the latest E&P headlines, from a forecast of rising global land rig activity to new contracts.
Baker Hughes, in partnership with Hanwha Power Systems and Hanwha Ocean, aim to complete a full engine test with ammonia by year-end 2027, Baker Hughes says.
Murphy Oil’s fourth-quarter 2024 output missed analysts’ expectations, but analysts see upside with a robust Eagle Ford Shale drilling program and the international E&P’s discovery offshore Vietnam.
The launch of the energy-efficient DeepSeek chatbot roiled tech and power markets in late January. But supermajors Exxon Mobil and Chevron continue to field intense demand for data-center power supply, driven by AI technology customers.