Oilfield Technology

JUNE 20, 2025

The appraisal well was drilled approximately 22 km north-east of the Heidrun field and 270 km north of Kristiansund. After the completion of operations, the well was permanently plugged and abandoned. The Slagugle oil discovery was initially proven in 2020, with preliminary estimates suggesting resources in the range of 30.8 - 61.6

Exploration and Appraisal 52

Exploration and Appraisal Hydraulic Fracturing Exploration and Production Oil 52

Oil & Gas 360º

JUNE 26, 2025

But in the shale oil fields of Texas, North Dakota and New Mexico, executives are unlikely to change their capital budgets based on abrupt price moves, according to Peter McNally, an analyst at Third Bridge U.S. Prices have rebounded since hitting a four-year low in April and jumped again at the start of this week’s trading after U.S.

Basin 130

Basin Abandonment Oil Barrel 130

Rextag

APRIL 16, 2025

The discovery comes amid BP's broader pivot away from rapid renewables expansion toward reinforcing its upstream oil and gas portfolio to meet investor expectations and improve financial performance. Gulf Remains Core to BP's Growth The Gulf of America remains a critical area for BPs upstream operations. BP is also targeting 2.32.5

Oil 52

Oil Upstream Exploration Well Exploration and Production 52