Through the drilling campaign, Valeura has maintained oil production consistent with its first quarter performance, offsetting natural declines, it said in a release May 27.

The FPSO will be connected to 12 wells in about 2,000 m of water and has an operational capacity of 180,000 bo/d and 12 ...

Each scenario presents a vastly different outlook for global GDP, industrial production, and the supply, demand, and pricing ...

Share your thoughts! Do you believe California’s energy policies are a bellwether for the country or isolated to California itself?

In a release May 27, Glenfarne said this work has begun and will utilize and supplement the package of previously completed engineering work and update the cost of the ...

IEC scaled back drilling activity at the 63,000-acre block to invest in the seismic work intended to “maximize the prospects for new drilling,” the company said ...

The approval comes a few weeks after FERC staff concluded that the plant and pipeline would not significantly impact air quality.

Increased oil demand forecasts, along with the existing sanctions on Iran’s exports, provided some upward support while ...

Seismic mapping has delineated robust, dip and fault‑bounded structural closures. Seismic data interpretation has also highlighted direct hydrocarbon indicators in the area, ...

The development project provides for the interconnection of 15 wells to the P-83 platform. Eight wells are are producers and seven wells are alternating water and gas ...

"This is broader than just offering quarterly lease sales. The agency is compressing the timelines and plans to no longer defer parcels prior to completing all National ...

Petronas subsidiaries signed the PCS and will undertake an initial 3-year work commitment including three geological and geophysical studies, as well as the acquisition and ...