Woodside Energy started drilling at Trion oil field in ultradeep waters of the Gulf of Mexico. The campaign includes the execution of 24 subsea wells which will be connected to the 100,000-b/d Tláloc ...

The operator's CEO said the company designed the well so that the well bore could be used to drill a development well into a known productive area if the sands were ...

In addition to the new oil-producing wells, newly encountered reservoir intervals will be considered in the next evaluation of reserves and could add to the ultimate ...

The US Outer Continental Shelf harbors vast undiscovered hydrocarbon resources, with potential for sustained energy production for more than 100 years on current production ...

Oil prices have exceeded $100/bbl as the Iran war escalates further. A few weeks' closure of the Strait of Hormuz could push ...

The Cooper basin joint venture partners have committed over $600 million to replace aging compressors with a centralized ...

The proposed rule change aims to lower bond requirements for offshore oil and gas producers, especially benefiting small businesses, but faces criticism from environmental ...

When the market opened after the initial strike on Iran, oil prices traded $75/bbl on the Open, a $7/bbl jump from Friday’s High, indicating a higher risk premium as the ...

The rig count in Canada is down 9 rigs to 205 working for the week. In the US, a 1-rig increase brought the rig count to 551.

The Nigerian government and Eni have divided a major offshore license into four parts, ending a prolonged dispute and enabling development of key deepwater resources, ...

Under terms of the agreement, GEPetrol increases its stake in the project to 32.55% from 5%. Chevron and the Ministry of Hydrocarbons and Mining Development of the Republic of Equatorial Guinea signed ...