Exploration and production — rigs, reserves, basins and the companies bringing hydrocarbons to the surface.
Exploration Policy An operating company has to compete with all oil and gas companies including national oil companies for oil and gas blocks, which are auctioned.…
Over $151.5 billion in capital expenditure will be spent over the lifetime of the top ten offshore oil projects to produce 14.3 billion barrels of crude,…
Just two days after President Trump proclaimed the end of the federal government’s war on energy produced in the U.S., the Department of Energy’s Energy Information…
Mexico’s high production can be had due, in part, to its high amount of reserves and prospective resources. As of September 2017, the country is sitting…
Oil Spill Response Limited (OSRL) has announced that its latest development in subsea well capping technology is now available to its members. Designed specifically for scenarios…
HOUSTON – C-Innovation, LLC (C-I), an a?liate of Edison Chouest Offshore (ECO) and its family of companies, has formed a turnkey subsea projects group. Capable of…
National Overview Mexico’s oil and gas industry had been in decline ever since 2005 when the nation’s oil production stood at 3.3 million barrels per day.…
Exponent Energy (Exponent), a Tulsa, Oklahoma-based energy investment firm, is pleased to announce that it has purchased the Oklahoma production assets of Sanchez Midstream Partners LP…
Weir Oil & Gas, a leading upstream provider of pressure pumping and pressure control equipment and services, today announced it has completed its acquisition of KOP…
Clean Chemistry, a chemical technology company, received three patents from the US Patent and Trademark Office that cover formulae, synthesis methods and use of unique oxidant…
Weir Oil & Gas has entered into an agreement to acquire KOP Surface Products, a provider of wellheads, surface trees, valves, actuators and aftermarket services for…
Oil Spill Response Ltd (OSRL), Trendsetter Engineering and Halliburton announced the companies have signed a Memorandum of Understanding (MoU) for integrated subsea well-capping response solutions. With…
OPEC nation members and non-OPEC nations came together on May 25 to discuss the current economic environment for oil and what could be done to keep…
All along the highway that leads into this West Texas city, the rows of pump jacks seem endless, bobbing up and down as they pull crude…
With the oil and gas industry currently in an upward cycle, driven by the natural gas shale-play discoveries in the United States, companies continue to scramble…
Platts reported some unusual findings last week as part of a new study. Looking at oil versus natural gas drilling in the U.S. The analysts found that…
They say an oilman has to be a gambler, but can he be a prophet? Zion Oil & Gas, based in Dallas, is a publicly traded…
According the data released by the U.S. Bureau of Economic Analysis Midland, TX ended the Bridgeport, CT metro area’s reign as the area with the highest…
Oil field activity in South Texas is adding up to lots of new wells. In the last four quarters, operators have drilled 4,092 new wells in the Eagle…
Spot gasoline on the U.S. Gulf Coast strengthened to a six-week high as refiners carried out seasonal maintenance, lowering production in the region. Conventional, 87-octane gasoline…
The United States will become the world’s largest oil producer next year, overtaking Russia, thanks to its shale oil boom which has transformed the global energy…
The Senate on Saturday unanimously passed legislation to enact a long-stalled international treaty that would govern oil drilling along the U.S.-Mexico border in the Gulf of…
Back in July of 2010, the immediate future looked anywhere from bleak to uncertain for Gulf Coast drilling. The post-Macondo moratorium was solidly in place, with…
According to a report released this week by Wood Mackenzie, China and the U.S. are heading in opposite directions for crude oil imports. If the trends…
In south central Texas, the prolific Eagle Ford shale has created an oil and gas boom that is directly affecting San Antonio and the counties that…
