Jennifer
Pallanich
Hart Energy
SilverBow Makes Horseshoe Lateral in Austin Chalk
SilverBow Resources’ 8,900-foot lateral was drilled in Live Oak County at the intersection of South Texas’ oil and condensate phases. It's a first in the Chalk.
Vår Energi Hits Oil with Ringhorne North
Vår Energi’s North Sea discovery de-risks drilling prospects in the area and could be tied back to Balder area infrastructure.
E&P Highlights: April 1, 2024
Here’s a roundup of the latest E&P headlines, including new contract awards.
CNOOC Makes 100 MMton Oilfield Discovery in Bohai Sea
CNOOC said the Qinhuangdao 27-3 oilfield has been tested to produce approximately 742 bbl/d of oil from a single well.
The Latest
Chouest Acquires ROV Company ROVOP to Expand Subsea Capabilities
With the acquisition of ROVOP, Chouest will have a fleet of more than 100 ROVs.
Chesapeake Stockpiles DUCs as Doubts Creep in Over Southwestern Deal
Chesapeake Energy is stockpiling DUCs until demand returns through growth from LNG exports, power generation and industrial activity.
Shell Launches $3.5 Billion Share Buyback Program
Shell, which posted first-quarter adjusted earnings of $7.7 billion, will cancel all of the shares it buys.
SLB, OneSubsea, Subsea 7 Sign Collaboration Deal with Equinor
Work is expected to begin immediately on Equinor’s Wisting and Bay Du Nord projects.
SilverBow Makes Horseshoe Lateral in Austin Chalk
SilverBow Resources’ 8,900-foot lateral was drilled in Live Oak County at the intersection of South Texas’ oil and condensate phases. It's a first in the Chalk.
Comstock Adds Four Whopper Wildcats; Takes Western Haynesville to 450K
Comstock Resources' four newest wells, which IP’ed at more than 35 MMcf/d, were landed at up to 19,400 feet total vertical depth.
Wirth: Chevron Won’t Put ‘New Capital into Venezuela’
California-based Chevron Corp. doesn’t plan on allocating more capex into its operations in Venezuela even though it still has U.S. approval to operate there, despite Washington sanctions.
Repsol Plans to Double Oil Production in Venezuela
Spain’s Repsol plans to double its oil production in Venezuela and continue with its diluent swap agreements with the OPEC country as approved by the U.S. government.
Decoding the Delaware: How E&Ps Are Unlocking the Future
The basin is deeper, gassier, more geologically complex and more remote than the Midland Basin to the east. But the Delaware is too sweet of a prize to pass up for many of the nation’s top oil and gas producers.
Spate of New Contracts Boosts TechnipFMC's Subsea Profits
TechnipFMC's operational profits are growing as the company heightened its focus on “quality” subsea orders, which earned $2.4 billion for the first quarter.