This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
(World Oil) – Nigerian energy company Green Energy International (GEIL) has completed the development of the Otakikpo onshore terminal, situated in OML 11 near Port Harcourt. Improved fiscals introduced through Nigeria’s Petroleum Industry Act in 2021 further enticed investments by both international and regional players.
oil producers will drill and complete fewer wells,” it added. producers have slowed drilling and completion activity this year, the EIA noted in its latest STEO. “In 1H25, well completions in the oil-producing regions of the Lower 48 states totaled 5,164 wells. “The drop in U.S. Declining prices mean U.S.
bpd (2024) → 13.4M bpd (2025) Gas Output: EIA sees an increase to 105.9 Bcf/d in 2025 from 103.2 bpd (2024) → 13.4M bpd (2025) Gas Output: EIA sees an increase to 105.9 Bcf/d in 2025 from 103.2 bpd (2024) → 13.4M bpd (2025) Gas Output: EIA sees an increase to 105.9 Bcf/d in 2025 from 103.2
10 Based on the European Unionâs 2021 emissions. This procedure has been used once on CCS licenses, specifically for the HontomÃn Pilot Project, which took about eight years to complete. billion available for allocation between 2021 and 2027, with about â¬630.0 Horizon Europe has made â¬95.5 billion in 2024.
In case you somehow forgot, the 2021 Valentines Day storm coined “Snovid,” “Snowmageddon,” or officially labeled Winter Storm Uri, blanketed Texas in snow and ice, even bringing snowfall to Galveston Beach. This is normally completed through an addendum or “special provisions.”
Four distinct chronological scenarios were established on January 1 of 2012, 2015, 2018, and 2021, creating experimental frameworks with progressively increasing data availability. Particularly noteworthy findings emerged regarding completion intensity responses and well spacing effects.
According to the latest Baker Hughes report, the total number of active rigs fell by 4 to 559, the lowest level since November 2021. Capex trends : E&Ps to cut spending 3% in 2025 vs. 2024 2024: Flat spending 2023: +27%, 2022: +40%, 2021: +4% Crude Output Forecast (EIA) : 2024: 13.2 June 9, 2025 U.S. Here is a summary of the U.S.
This year, bp completed drilling activities from two gas discoveries offshore the Mediterranean; El-King-2 and El Fayoum-5. The Raven field, the final phase of the WND project, has been in production since early 2021. bp has been present in Egypt for over 60 years, with investments exceeding $35 billion.
The rig count is down 44% from its 2022 peak of 780 , reflecting both post-pandemic normalization and broader market hesitancy. Strategic Shift Toward Gas: Natural gas rigs are up 7 YoY , showing resilience.
Purchase Complete Directory – Only $10.00 Wells Drilled US Since 2021 – Total wells drilled in the US since 2021. The Louisiana Oil Company Directory is a compiled directory of oil & gas companies operating in LA, one of the most prolific oil and gas-producing regions in the world.
Oil rigs at their lowest since October 2021. Gas rigs up YOY , signaling selective interest in gas-focused plays. Wyoming experienced the steepest weekly drop , losing 5 rigs. Oklahoma’s rig count remains above 2024 levels , despite a weekly dip.
It was only supposed to take about two years to complete. Similar peer reviews undertaken between the United States and China, Germany and Mexico, and Italy and Indonesia took between 12 and 24 months to complete. As of 2021, 11 G20 peer reviews had been completed.
“Kongsberg Ferrotech is working with world-leading energy operators from PTTEP of Thailand to ADNOC, Aramco, Total Energies and Petrobras to adapt the Kongsberg Ferrotech Technology to optimally support their operations.
Coterra Energy (CTRA) – Oklahoma (Anadarko) Segment Coterra Energy was formed from the 2021 merger of Cimarex and Cabot. Capital and activity: In 2024, Coterra invested $289 million in drilling and completions in the Anadarko Basin. Continental’s management has expressed long-term confidence in Oklahoma’s geology.
Purchase Complete Directory – Only $10.00 Wells Drilled US Since 2021 – Total wells drilled in the US since 2021. The New Mexico Oil Company Directory is a compiled directory of oil & gas companies operating in NM, one of the most prolific oil and gas-producing regions in the world.
Scarborough EPCIC Progress In May, McDermott said it successfully completed the fabrication, construction, and offshore floatover of the Scarborough floating production unit (FPU) topside and hull structures for Woodside Energy.
As the block’s operator, Inpex said it discovered multiple conventional oil, condensate and gas layers through the drilling of exploratory wells conducted since May 2021. Since then, the company said it has been conducting evaluation work with the aim of moving into development and starting production as soon as possible.
“Nonetheless, additional infrastructure projects are currently under completion to remove remaining bottlenecks, enhance the diversification capability and further strengthen the security of supply in Central and South-East Europe”, the analysis added.
Purchase Complete Directory – Only $10.00 Wells Drilled US Since 2021 – Total wells drilled in the US since 2021. Purchase Now Here is a summary of the information included in the list. Account Name – Name of the company or entity. Ticker Symbol – Publicly traded stock ticker symbol (if applicable).
Rigs : 537 (↓ 2) – lowest since Oct 2021 Oil Rigs : 424 (↓ 1) – lowest since Sept 2021 Gas Rigs : 108 (unchanged) Misc. Here’s a structured summary and analysis of the latest U.S. rig activity based on the Baker Hughes data and broader market context: U.S. Rig Count Trends Total U.S.
US oil drilling has dropped 12% this year to the lowest since September 2021, driven by demand concerns triggered by US President Donald Trump’s tariff proposals and faster-than-expected increases in OPEC+ production. which the company announced Wednesday, according to a statement. analyst Scott Gruber wrote in a note to clients.
production Tuesday, anticipating the first drop in output since 2021. Strategic Petroleum Reserve should be completed this year, Wright said. Much will depend on oil prices and whether producers will follow through on pledges to reduce investment, Wright said in an interview on Bloomberg Television. Repairs to the U.S.
exajoules in 2021, 35.67 “The statistical review continues to be full, first, and free: the fullest, most reliable account of energy production, consumption, trade and emissions; the first data source to provide a complete global picture of the previous year; and completely free to access for users,” the release continued.
First drilled in 2021 and confirmed as a discovery the same year, Rafael has been assessed to hold contingent and unrisked gross recoverable volumes of 85-523 Bscf of gas and 1.8-10.6 Buru plans to drill two wells, including the 2021 discovery. The Rafael gas and condensate field is in Exploration Permit 428, about 150 kilometers (93.21
Purchase Complete Directory – Only $10.00 Wells Drilled US Since 2021 – Total wells drilled in the US since 2021. Purchase Now Here is a summary of the information included in the list. Account Name – Name of the company or entity. Ticker Symbol – Publicly traded stock ticker symbol (if applicable).
sees domestic crude production declining next year for the first time since 2021 in a blow to U.S. operators will drill and complete fewer wells through 2026, the EIA estimated. (World Oil) – The U.S. President Donald Trump’s push for American energy dominance. Output is now expected to slip to 13.37
In 2018 and 2021, Warwick proposed a total of 44 wells. actually commence the proposed operation and complete it”, required Burlington to timely commence drilling for a proposal to which all parties consented under the JOA. Texas Crude and Burlington agreed that Burlington would be the operator.
listens during the Bitcoin 2021 conference in Miami, Florida, on Friday, June 4, 2021. Hess' departure comes just after Chevron completed its $54 billion purchase of the oil producer, prevailing against Exxon Mobil in a legal dispute over offshore oil assets in the South American nation of Guyana. and Square Inc.,
In 2024, AUM reached a record high of â¬28 trillion, 2 percent above the previous peak in 2021. The information contained herein: (1) may not be copied or distributed; and (2) is not warranted to be accurate, complete or timely. The rising cost margin resulted from a 10 percent increase in absolute operating costs from 2021 to 2024.
Since mid-2023, the VIZURI has completed multiple shipments of Iranian oil and transported millions of barrels of Iranian oil. 13224, as amended, on June 10, 2021, for having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or in support of, the IRGC-QF.
But within its boundaries are some 11,000 acres of federal and state public lands, some of which are completely enclosed by Iron Bars lands. They returned in 2021 to do the same, but this time Iron Bar convinced the local prosecuting attorney to prosecute the hunters for criminal trespass. But in 2020 they did hunt on Section 24.
Chime's initial public offering, from a valuation perspective, represents a big step down from where venture investors like Sequoia Capital valued the company in its last fundraising round in 2021, when private tech markets were raging. The valuation at the time was $25 billion.
CCC), has completed a Series B investment round with $150 million in new growth capital from a cornerstone global institutional investor. This capital raise follows a $120 million Series A investment round announced in December 2021. Battle Motors, formerly Crane Carrier Co.
McDermott has completed the engineering, procurement, construction, installation, and commissioning (EPCIC) activities in the Gulf of Mexico to begin oil production at Shell’s Whale development. The post McDermott Completes EPCIC at Shells Whale Development Project, to Begin Oil Production first appeared on Egypt Oil & Gas.
In the last 50 years we have experienced 2 complete natural gas (NG) price boom/bust cycles. The 3rd began in 2021. It supplied 32% of the energy consumed in the US in 2021 and. The latest increase is similar to the 2 earlier ones in many respects, but certain new events and new conditions will affect the current cycle.
This article contains still images from the interactive dashboards available in the original blog post. To follow the instructions in this article, please use the interactive dashboards. Furthermore, they allow you to uncover other insights as well.
Greenlake II is led by president and CEO Matt Gallagher, who previously served as CEO of Parsley Energy until its sale to Pioneer Natural Resources in 2021. Management successfully drilled more than 60 horizontal wells in Delaware Basin, including completion of three U-shaped horizontal wells.
back in 2021. After the project’s anticipated completion and sea trials by the end of this year, Charybdis will be deployed for the construction of Revolution and Sunrise Wind. The 262-foot-long SOV just reached 50% completion this April of 2023 after logging over 275,000 work hours. 1331 et seq. Next, the first U.S.-flagged
Purchase Complete Directory – Only $10.00 Wells Drilled US Since 2021 Total wells drilled in the US since 2021. Barnett Shale oil Directory is a compiled directory of oil & gas companies operating in the Barnett Shale play, one of the most prolific oil and gas-producing regions in the United States.
million bpd ( from 6.57 million bpd in March) Macro Commentary This marks the third consecutive weekly decline in rig activity, driven by oil price pressures and a strategic shift by operators toward shareholder returns over production growth.
rig count continued its downward trend last week, dropping by 3 rigs to 563 the lowest level since November 2021. June 2, 2025 The U.S. Oil rigs led the decline, while natural gas rigs posted a slight gain. Oklahoma and the Marcellus/Utica region saw notable shifts, with mixed results across other key producing states.
Since 2021, Zephyr has completed 14 discrete acquisitions in theWilliston Basinand built a highly experienced team which previously managed over 4,000 non-operated wells throughout the region.
Purchase Complete Directory – Only $10.00 Wells Drilled US Since 2021 Total wells drilled in the US since 2021. Buy Now Here is a summary of the information included in the list. Account Name Name of the company or entity. Ticker Symbol Publicly traded stock ticker symbol (if applicable).
Purchase Complete Directory – Only $10.00 Wells Drilled US Since 2021 Total wells drilled in the US since 2021. Purchase Now Here is a summary of the information included in the list. Account Name Name of the company or entity. Ticker Symbol Publicly traded stock ticker symbol (if applicable).
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content