The Latest

Exxon Versus Chevron: The Fight for Hess’ 30% Guyana Interest

Chevron's plan to buy Hess Corp. and assume a 30% foothold in Guyana has been complicated by Exxon Mobil and CNOOC's claims that they have the right of first refusal for the interest.

Rystad: More Deepwater Wells to be Drilled in 2024

Upstream majors dive into deeper and frontier waters while exploration budgets for 2024 remain flat.

NAPE: In Basins Familiar to E&Ps, Lithium Rush Offers Little Gold

A quest for sources of lithium comes as the lucrative element is expected to play a part in global efforts to lower emissions, but in many areas the economics are challenging.

E&P Highlights: Dec. 11, 2023

Here’s a roundup of the latest E&P headlines, including a court ruling in favor of Welltec and new contract awards.

Comstock Could Take its New North Houston Haynesville Play to 2 Bcf/d

The wildcatter’s two newest wells have come in with up to 35 MMcf/d as Comstock Resources drills in the Haynesville Shale north of Houston.

E&P Highlights: Oct. 23, 2023

Here’s a roundup of the latest E&P headlines including a pair of discoveries and the sailaway of the Tango FLNG vessel.

Alliances Bringing Australia’s Beetaloo to Life

Tamboran Resources with help from APA Corp. and Helmerich & Payne is advancing its goal of producing 1.5 Bcf/d by 2035 from the Australian shale play.

E&P Highlights: June 20, 2023

Here’s a roundup of the latest E&P headlines including finds offshore Nigeria and Guyana and new contract awards in the upstream oil and gas industry.

FPS Activity Remains Strong Despite Obstacles

Floating production systems remain in demand, despite concerns about keeping up with demand, financial pressures and reservations that activity could drop off over the long term.

Aethon’s Screamer Well Joins Comstock’s Deep-Bossier Wildcatting

Aethon Energy’s 36.9 MMcf/d Currie #2H north of Houston makes for a third well revealed in the Bossier prospect north of Houston that one longtime Texas wildcatter calls a “big boy play.”