Texas drillers may have found a solution to the stubborn natural gas glut that’s forced them to either burn it off into the air. or pay others to take it away.
Read More »BP. Partners Confirm Investment in Deepwater Angola
P and partners today confirmed they have agreed further investment into deepwater Block 15. offshore Angola as part of an agreement with Angola'.s National Agency for Petroleum. Gas and Biofuels (NAPGB).
Read More »New Wells Boost Wyoming Oil Production to Highest Level in 25 Years
The Wyoming State Geological Survey (WSGS) completed its 2019 update to the Interactive Oil and Gas Map of Wyoming.
Read More »Horizontally Drilled Wells Dominate U.S. Tight Formation Production
Wells drilled horizontally into tight oil and shale gas formations continue to account for an increasing share of crude oil and natural gas production in the United States.
Read More »Turkey will Dispatch Second Drillship Off Cyprus
Ankara has no intention of usurping the rights of anyone. nor allowing its own rights to be usurped.
Read More »Turkey Mulls Deployment of Russian Missile Near Gas Exploration Zone
Turkey is considering deploying a Russian missile-defense system along the country’s southern coast. near where its warships are accompanying vessels exploring for energy. according to four people with knowledge of the deliberations.
Read More »Delek’s Ithaca Energy Unit to Acquire Chevron’s Central North Sea Assets
Delek Group Ltd.. the energy company controlled by Israeli billionaire Yitzhak Tshuva. agreed to buy North Sea oil and gas fields from Chevron Corp.
Read More »Supermajors Lead the Way in High Impact Exploration
The largest oil companies are playing an increasingly important role in high impact exploration but performance was down in 2018.
Read More »The Second Machine Age Could Crash Oil Prices
Forecasters at these major oil organizations simply do not understand that we are in a new age of rapid technological advancement and innovation.
Read More »The Single Biggest Challenge For The Oil & Gas Industry
New oil and gas discovered through high-impact drilling fell by as much as 50 percent between 2014 and 2018.
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