Exploration & Production

Contango Provides Results From Wolfcamp Wells In Southern Delaware Basin

Contango Oil & Gas provided an update on its second and third wells drilled on its Southern Delaware Basin acreage in Pecos County, Texas, the Houston company said May 24.

May 25 2017 - 4:00pm

Rebalancing Act: OPEC Extends Production Cuts For Nine Months

Demand is expected to pick up in the second quarter, according to OPEC’s president. But that doesn’t mean another extension is off the table.

May 25 2017 - 2:20pm

Trump Budget Proposal Includes Nearly $205 Million For BSEE

The FY 2018 budget supports oil spill research and Trump's 'America First Energy' and includes $112 million in current appropriations and $92.9 million in revenue from rental receipts, cost recoveries and inspection fees.

May 25 2017 - 8:15am

Reports: OPEC To Extend Production Cuts For Nine Months

OPEC decided it would extend cuts in oil output by nine months to March 2018 on May 25, an OPEC delegate said according to a Reuters report.

May 25 2017 - 6:35am

OPEC Meeting: We’re Live From Vienna

Stratas Advisors’ Jeff Quigley is in Vienna and will offer in-depth analysis from the OPEC meeting.

May 24 2017 - 1:38pm

Is The Haynesville Shale An Oil, Gas Company Saver?

Since the summer months of 2016, activity has been on the mend in the Haynesville as rigs consistently picked up and are expected to remain steady throughout 2017-2018.

May 24 2017 - 10:56am

Sources: OPEC Panel Looking At Deepening, Extending Oil Cuts

One source said a deeper cut in output was an option depending on estimated growth in supply from non-OPEC producers, mainly U.S. shale oil firms, among other scenarios.

May 19 2017 - 8:21am

BOEM Schedules Cook Inlet Lease Sale For June

Cook Inlet Oil & Gas Lease Sale 244 will offer 224 blocks toward the northern part of the federal Cook Inlet Planning Area for leasing, BOEM said May 18. The blocks stretch roughly from Kalgin Island in the north to Augustine Island in the south.

May 19 2017 - 7:56am

Anadarko CEO: Conquering Frontiers Requires Exploration, Technology, Investment

International exploration and technology remain crucial to filling future energy demand.

May 18 2017 - 3:22pm

Gas Producers Slow To Put Pedal To Production

Gas production is at its lowest mark in two months and 3.5% lower than the year-ago period, but still a bit higher than production tallies at the beginning of 2017.

May 18 2017 - 11:22am