For owners of Bakken mineral rights, value depends on production, nearby drilling, royalty terms, and oil prices. The right time to sell or hold depends on…
Oil and gas companies manage complex operational and regulatory pressures simultaneously. Challenges outside core production activities can create costly disruptions when businesses lack specialized expertise. The…
A complete framework for evaluating an unconventional oil well — from the cost stack through full-cycle returns Why “well cost” is the wrong question The headline…
A petroleum engineer and co-inventor of a patented gas condensate treatment method and laureate of an industry award for energy conservation, explains where production facilities lose…
The Beetaloo Basin now belongs in any serious discussion of future gas supply in Australia. East coast market agencies have kept warning that supply adequacy will…
Selling mineral rights in Texas can feel straightforward. An offer arrives. A deadline follows. The buyer promises a quick close. That is also how owners get…
A late-life gas operations expert explains how mature plants stay inside the liquids recovery window as inlet pressure declines through process flexibility first and staged compression…
Produced water is the largest waste stream generated during oil and gas production. In mature basins, operators may handle several barrels of water for every barrel…
All oil and gas companies operate under the motto “safety first,” i.e., ensuring zero injuries to personnel, zero work-related accidents, and zero environmental incidents. In today’s…
Global energy demand remains strong, and the upstream sector continues to see a steady flow of new projects across established and emerging basins. Despite this momentum,…
Digital transformation in the oil and gas industry doesn’t take place in isolation. The reality is digital platforms in the oil and gas industry must fit…
Significant capital investments and ingenuity matched with commitment serve as the framework for operating oil and gas assets offshore. Whether populating the deep waters of the…
Energy companies, like businesses across numerous other sectors, are trying to navigate an extreme lack of certainty right now in the global marketplace. At times like…
The offshore energy sector continues to evolve, driven by demand for oil, gas and renewable resources such as offshore wind. Alongside technological advancements and new exploration…
The Department of Interior (DOI) previously released its “FY 2022-2026 Strategic Plan”. It highlighted its commitment to supporting responsible energy production while maintaining a balance and…
No matter how frequently we travel, an inevitable reckoning of judgment captures our mood as we view our temporary living accommodations and sample the meals we…
In my daily search for early books and magazines covering several fields, I was fortunate to stumble upon a site offering some early stock certificates relating…
The U.S. oil industry has undergone significant transformations over the years, establishing itself as a global leader in crude oil production. This article delves into the…
The global oil and gas industry experienced a 15% quarter-on-quarter decrease in the total number of contracts, from 1,596 in Q3 2024 to 1,353 in Q4…
Technology is creating opportunities to optimize operations and improve maintenance to extend the operational window of aging drillships. The American Bureau of Shipping (ABS) knows a…
President Trump hit the ground running post-inauguration and has highlighted a prominent theme throughout his decision-making process. Of primary focus, better business and a rebirth of…
The U.S. energy sector witnessed an unprecedented wave of oil and gas M&A activity in 2024, with deals totaling over $100 billion in the Permian Basin…
U.S. Energy Development Corporation (USEDC), an exploration and production company focused on the development of energy projects throughout North America, provides its outlook on the oil…
The global oil and gas contract activity saw a 35% quarter-on-quarter decrease in total disclosed value from $55.3 billion in Q2 2024 to $35.7 billion in…
Conversations around the negative consequences of oil and gas production tend to center on methane. There are very sensible reasons for this: methane contributes significantly to…
Managing drilling fluid waste is a critical aspect of oil and gas operations, particularly as Drilling Mud Waste Management is the most important of oil and…
The industry is embracing refracturing as a cost-effective and efficient solution to enhance production in maturing oil and gas basins. As high-quality drilling inventory becomes scarce…
In the oil and gas industry, the ability to extract as much oil as possible from a reservoir is essential for maximizing productivity and profitability. However,…
The oil and natural gas industry is in an interesting position. The U.S. presidential election is only a few weeks away, and its outcome can be…
Crude oil and natural gas prices were flat during the first half of September, but the Energy Information Administration expects prices to rise by the end…
Drilling through the Earth’s thick core Drilling till there ain’t no more Fracking goes right through the bore So cheap gas now Buy out the store…
The oil and gas sector stands as a cornerstone of the American economy, contributing significantly to the nation’s GDP and employment landscape. Within this vital industry,…
While many call for a severe shift from fossil fuel use by 2030, ExxonMobil released its annual Global Outlook, which counters the notion of a diminishing…
The global energy markets are deeply influenced by the oil and gas industry, with these resources playing a pivotal role as primary energy suppliers. The significance…
Diversified Energy Company PLC has followed a successful strategy for increasing production and gaining additional assets. The company recently enhanced its portfolio by closing the acquisition…
Oilfield services are vital for the oil and gas industry, providing products and services to support exploration, drilling, production, and transportation. These services include various activities…
Oil and natural gas producers have always been diligent about recovering as much of their oilfield product as possible. The product alone has considerable value, so…
Crude oil stocks, not including the SPR, stood at 429.3 million barrels on August 2, according to the EIA.
Delving into the realm of oil and gas investments can be a highly lucrative endeavor for those equipped with the right knowledge and strategies. This sector,…
North America added five rigs week on week, according to Baker Hughes' latest rotary rig count.
Angola, Africa’s second-largest oil producer, left OPEC after a lengthy dispute over its production quota, ending its 16-year membership. The withdrawal, announced by Oil Minister Diamantino…
As many areas of the world experience renewable energy inflation, some professionals wonder whether rising costs will slow clean energy’s momentum. Conversely, could decision-makers cut expenses…
Chevron said Friday it would relocate its headquarters to Texas from California, continuing an exodus of oil companies from the state due to higher taxes, stricter…
The Senate Energy and Natural Resources (ENR) committee recently announced a massive win with a bipartisan vote of 15-4, pushing the Energy Permitting Reform Act forward.…
'Oil prices have been trading in a narrowing range, or a triangle pattern, for over a year now', the BofA Global Research report stated.
EIR revealed that U.S. upstream M&A activity 'notched its third consecutive quarter of heightened value with more than $30 billion transacted'.
'Operational efficiencies are driving strong production with fewer rigs, which can translate to declining industry job numbers', TXOGA's President said.
Oil production in the United States' main oil-producing basin is poised to slow down this year but the country would still account for 60 percent of…
The collaboration aims to enable deep and complex offshore wells to be drilled from a light well intervention vessel.
As the world grapples with the complexities of energy transition, the top 10 oil and gas companies continue to play a pivotal role. These industry giants…
