Exploration & Production
Husky Energy is prioritizing investments in its offshore business and its integrated operations, CEO Rob Peabody said July 21.
Britain's Oil and Gas Authority's 30th licensing round offers access to mature areas in the Southern, Central and Northern North Sea, the West of Shetland and East Irish Sea.
Anadarko and the rest of the U.S. shale oil industry have been grappling with how to conserve cash and maintain growth opportunities even as crude prices have slumped since January.
The Denver-based private operator has found success using its thrust fault experience to drill in the transition zone near the Marcellus outcrop in northeast Pennsylvania.
U.S. rigs targeted oil and gas each fell by one, bringing the total U.S. rig count down to 950.
Technology is helping boost production and lower costs for U.S. shale players, but analysts say rising volumes are pressuring oil prices.
The administration said the Environmental Protection Agency would stop pursuing a "costly and premature" plan to regulate oil and gas development in the Uintah and Ouray Indian reservations.
Fasten those seatbelts. Oil and gas has a been busier than commonly understood and the tsunami of accelerating field work in first-half 2017 will add significant crude oil production by year-end 2017.
In the horizontal San Andres play in the Permian Basin, private oil companies are kickstarting success by sharing drilling and completion data.
The so-called 2.4 auctions will offer 30 areas, of which 10 are in the Cordilleras Mexicanas deepwater basin, 10 others in the Salina Basin, nine in the Perdido Fold Belt off the U.S.-Mexico maritime border and one more in the Yucatan platform.