Exploration Production

Exclusives

Against the Grain: Citizen Energy CEO Talks Pure Plays, Midcontinent A&D

Citizen Energy CEO Greg Augsburger loves the Anadarko Basin but is unconvinced by the ‘in vogue’ pure-play trend, preferring to chase rocks that give the best results.

February 16, 2018

Noble Energy Deals GoM In ‘Last Major’ Portfolio Tweak

Fieldwood Energy will purchase Noble’s GoM assets in a deal valued at $710 million, including $480 million in cash and $230 million in assumed liabilities.

February 15, 2018

Deepwater Vs. Onshore Depends On ‘Flavor Of The Month’

At the recent NAPE Global Business Conference, panelists from Hess and Akin Gump gave insight on what plays into developing resources in the Lower 48 or international deepwater.

February 15, 2018

Eyeing Growth: Occidental Looks To Increase Permian Production

The company said it plans to spend $3.9 billion overall in 2018 and increase production by between 8% and 12% with a 40% annual growth in Permian resources in 2018.

February 14, 2018

Premium Blend

Premium Blend: 'The Permian Is Our Future'

WPX CEO Rick Muncrief discusses the differences between its San Juan and Delaware basin assets and highlights the role of the Permian, where the company has more than 120,000 net acres.

May 24, 2017

Rig Count

US Drillers Add Oil Rigs For Fourth Consecutive Week

Drillers added seven oil rigs in the week to Feb. 16, bringing the total count up to 798, the highest level since April 2015, Baker Hughes, a GE company, said in its weekly report.

February 16, 2018

US Drillers Boost Oil Rig Count By 26 To 791

The U.S. rig count, an early indicator of future output, is much higher than a year ago when 591 rigs were active as energy companies have continued to boost spending since mid-2016 when crude prices began recovering from a two-year crash.

February 9, 2018

US Drillers Add Most Oil Rigs In A Week Since June

The total rig count rose to 752 in the week to Jan. 12, the most since September, Baker Hughes, a GE company, said in its weekly report.

January 12, 2018

US Oil Rig Count Drops By Five To 742

The U.S. rig count, an early indicator of future output, is much higher than a year ago when only 529 rigs were active.

January 5, 2018