Exploration and production — rigs, reserves, basins and the companies bringing hydrocarbons to the surface.
Following the news that global oil prices plummeted to an 18-year low on March 18 as a result of the coronavirus-fueled demand shock and the supply…
The Scoop and Stack shale plays of Oklahoma may not be as prolific as the Permian Basin or the Bakken shale play. However, acreages across Kingfisher,…
More than 4.6 trillion cubic feet of natural gas were flared globally in 2019. The potential value of this flared gas could be as high as…
While energy markets continue to be volatile, fewer oil and gas producers have hedges in place than in prior years. In addition, a number of producers…
Following the expected cuts in capital expenditure (capex) for shale operators in the Bakken due to demand shock from the coronavirus (COVID-19) and supply shock from…
The Maka Central discovery has the potential to bring more than US$50m in revenue per year to the Surinamese Government, if it sees similar success to…
The coronavirus has exposed the soft underbelly of critical infrastructure and industrial sites worldwide – workforce availability. As more and more companies implement business continuity plans…
Following the news that Saudi Arabia is responding to Russia’s refusal to a new oil production cut agreement by cutting oil prices and boosting supply, Will…
Following the WTI price fall to around US$30 per barrel due to an oil price war between Saudi Arabia and Russia; Adrian Lara, Oil and Gas…
Commonsense NEPA Reform… is Key to a More Productive America that Helps All of Its Citizens Washington, D.C. – Calling it “regulatory reform that enhances black…
The oil and gas industry has made strides in beginning to report on ESG initiatives, but there’s still a lot more work yet to be done…
Houston-based engineering firm Erdos Miller develops down-hole devices used in the drilling of advanced horizontal oil wells. Their firm develops down-hole devices used in drilling advanced…
As a gateway to the North Sea, Aberdeen has been pivotal to the success of the oil and gas industry, but much is now being made…
Tuesday is Super Tuesday. It is the day when voters in 14 states, including Texas, will go to the ballot box and elect their party’s nominations…
The upstream sector accounted for the bulk of mergers and acquisitions (M&A) in the global oil and gas industry in 2019, generating some high-value transactions during…
The size of the Digital Oilfield Market was registered at USD 24 billion in the year 2018 and is anticipated to cross USD 39 billion by…
As many oil and gas companies began releasing their 2019 financial reports this week, it became apparent that last year was a stinker financially even though…
Deal activity in 2019 has largely revolved around the need to improve company finances and reduce debt. It drove multinational oil and gas companies, such as…
In the growing area of Environmental, Social and Governance (ESG), every energy company, right or wrong, good or bad, seems to get lumped in as uncaring…
In the most high profile example of a national legislature focusing down on gas and oil structural issues, authorities in Canada’s major production province, Alberta, are…
The exploration-and-production (E&P) sector of the U.S. oil and gas industry faces many financial hurdles this year as forecasts of stagnant demand with increasing supplies give…
Austin, Texas – The Texas Independent Producers & Royalty Owners Association (TIPRO) today released the fifth edition of its “State of Energy Report,” offering a detailed…
2019 was a year of contraction in the Texas upstream oil and gas economy according to the Texas Alliance of Energy Producers Texas Petro Index. The…
Shell has retained its title of the world’s most valuable oil and gas brand for the fifth consecutive year, recording a 12% increase in brand value…
Oil and gas assets are increasingly fitted with a multitude of Internet of Things (IoT) sensors, causing exponential growth in data. This, in turn, is increasing…
Austin, TX – Enverus, the leading oil & gas SaaS and data analytics company, has released its latest FundamentalEdge report, Pumping the Brakes. This market outlook…
The recent events in Iraq – the attacks on a U.S. embassy, a U.S. drone strike that killed an Iranian general and Iran’s missile attack on…
Saudi Aramco is continuing to focus significant efforts on crude oil expansion, according to GlobalData, a leading data and analytics company. The company’s report, ‘Saudi Aramco…
Richard Thompson, Editorial Director at GlobalData, a leading data and analytics company, provides his view: “There are two primary factors behind the volatility in the Aramco…
Lower natural gas prices are causing E&P companies to get creative with their hedging strategies to lock in near-term cash flows above the dismal levels the…
Public and private energy companies should address year-end 2019 goodwill and long-lived asset impairment testing procedures so quarterly and financial audits and reviews can go smoothly…
Steven Ho, Oil and Gas Analyst at GlobalData, a leading data and analytics company, offers his view on what Cornstock’s Chesapeake’s Haynesville assets acquisition will mean…
Austin, Texas – The Texas Independent Producers & Royalty Owners Association (TIPRO) today released the next edition of its “State of Energy Report” series entitled A Decade…
Optimizing your energy supply chain requires thinking outside the box to maximize efficiencies and profitability. When you think of your supply chain, what do you consider?…
Latest advancements in sensing and imaging technologies are enabling drones to be deployed in a wide range of settings in the oil and gas industry, according…
Several companies in the oil and gas industry, including Shell, ExxonMobil and BP, are using predictive maintenance to evaluate the condition of their operational equipment and…
Data management has become an important theme in the oil and gas industry as the volumes of data generated by the industry have increased significantly, thus…
TULSA, OKLA. – W Energy Software (formerly Waterfield Energy), the emerging leader in upstream and midstream ERP software, is celebrating its tenth year of business serving more…
Global merger and acquisitions (M&A) and raising activity in the oil and gas upstream sector totaled US$63.4bn in Q3 2019, representing a 50% decrease from the…
Even though there appears to be signs of weakening in the crude oil and natural gas production boom in the U.S., a new report from the…
HOUSTON – (Quorum Software (Quorum), the leader in digital transformation for the oil and gas industry, today announced the release of OGsys On Demand, a cloud-based oil and…
ABILENE, TX – WolfePak Software, a portfolio company of Charlesbank Capital Partners and leading provider of accounting, regulatory compliance and automation software for the oil and…
This year, deal activity in the Haynesville play has attributed to notable changes in acreage positions among operators, which have been competing aggressively for acreage in…
As the member countries of the Organization of Petroleum Exporting Countries, better known as OPEC, prepare for their important meeting in Vienna on Dec. 5-6, questions…
The recent resurgence of drilling activity in the Haynesville shale is expected to continue for the foreseeable future, considering the projected rise in demand for natural…
Following the rapid adoption of virtual reality (VR) technology in consumer markets, the oil and gas industry is witnessing wide-scale deployment of this technology across its…
More negative news for the crude oil exploration-and-production industry in the United States this week as prices dipped again, inventories rose again, and the drilling rig…
[vc_row][vc_column][vc_column_text css=””]In recent years the oil and gas industry has recovered from a downturn. Over the past few years, the oil and gas industry has been…
South America has the highest number of planned and announced floating production storage and offloading (FPSO) additions globally between 2019 and 2025, with 27 projects. This…
Thirteen international oil and gas companies have committed $1 billion to reduce greenhouse gas emissions. The organization, called the Oil and Gas Climate Initiative (OGCI), will…
