Exploration & Production - News
Lonestar Resources provided impressive results from its Wildcat B #1H well located in Brazos County, Texas, in the eastern Eagle Ford Shale.
Gulfport Energy on June 21 released 'encouraging' initial results from the Oklahoma City-based company's first operated Scoop wells from the Vinson pad.
Shell suspended some well operations and Anadarko Petroleum, ENI and Enbridge said they had evacuated non-essential personnel.
Encana's cube development and advanced completions have led to a 20% increase in the company's Permian type curves and 700 new premium return locations.
The oil ministry proposed 102 blocks, comprising 93 in the Barents Sea and nine in the Norwegian Sea, despite calls from the Norway’s Environment Agency to remove about 20 blocks near Bear Island, an important nesting site for Arctic birds.
SRC Energy's shareholders approved the proposed name change of the Denver-based company, formerly known as Synergy Resources, as well as provided recent Wattenberg well results.
Birmingham, Ala.-based Energen, which has a large concentration of its assets in the Permian Basin, also raised its 2017 production forecast by 5.9% to 70,200 barrels of oil equivalent per day.
ExxonMobil and BP have thrown their support behind a carbon tax plan proposed by a group of elder Republican statesmen, according to an advertisement published in the Wall Street Journal.
Canada's oil sands need more emissions-cutting measures and monitoring, an official panel said June 16 in recommendations that could potentially raise costs in a high-cost region that international players have increasingly abandoned.
Appalachia-focused Eclipse Resources reported that its operations remain ahead of schedule for 2017, as the company continues to break records in the Utica Shale.
The EPA said June 13 it would propose a two-year stay of the previous administration's oil and gas industry methane emissions standards while the agency reconsiders the regulation.
North Dakota's daily oil production rose 2% in April as rising crude prices encouraged companies to pump more, complicating OPEC's attempts to stabilize global markets.