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The Next Petro State? Suriname's Path to Oil Prosperity

OilPrice

Guyana’s offshore story began in earnest with ExxonMobil’s Liza-1 discovery in 2015, followed by first oil in 2019. What remains unclear is how far and how fast Suriname can go, and whether it intends to follow Guyana's high-volume path or chart a more calibrated trajectory. Today, production…

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One of Wyoming’s largest oil producers drilling its first 3-mile well

Oil & Gas 360º

Register to attend. (Cowboy State Daily) – A revolution in drilling technology is transforming Wyoming’s Powder River Basin, turning what was once an economically challenging oil play into a more promising frontier, according to energy insiders and locals watching it unfold. The revolution centers on horizontal drilling.

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Oil Review Middle East - Untitled Article

Oil Review Middle East

Together, upstream oil and gas investment for 2025 is forecast at less than US$570bn, a decline of around 4%. Global spending on upstream oil and gas is gravitating to the Middle East , the report finds, which is set to invest around US$130bn in oil and gas supply in 2025, around 15% of the global total. Around US$2.2

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On price caps and sub-$70 crude

Oilholics Synonymous Report

Earlier this month, Brent crude futures touched $70 per barrel levels despite a suggested uptick in the amount of oil OPEC+ was bringing on to the market. Photo: Oil production site. © Monika Wrangel / Pixabay, May 2015. In step with that, Iran-backed Houthi rebel attacks in the Red Sea upped the geopolitical stakes a bit.

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When $180 Million Rides on an Expert's Supplementation Decision

Producer's Edge

the Eastland Court of Appeals addressed a critical issue in complex oil and gas litigation: what happens when a party's damages expert relies on contractual interpretations the trial court rejects, but then the party declines opportunities to have their expert update their calculations in response. Apache Corporation , No.

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Plain Language Meets Common Sense: Hidden Traps in Oil Patch Contract Interpretation

Producer's Edge

Under the Agreement, Sewak was paid his day rate for work done in 2013 to 2015. In late-2014 to early-2015, the survey was completed enough to begin identifying drilling prospects. " Whether in the oil patch or elsewhere, careful attention should be given to contract language.

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Will All Oil and Gas Companies Have to Adopt GenAI?

Rigzone

Brent Crude $69.46 -0.09% Natural Gas $3.52 -0.56% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Will All Oil and Gas Companies Have to Adopt GenAI? Brent Crude $69.46 -0.09% Natural Gas $3.52 -0.56% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Will All Oil and Gas Companies Have to Adopt GenAI?

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