(WO) – Scepter, Inc. and ExxonMobil are working with Amazon Web Services (AWS) to develop a data analytics platform to characterize and quantify methane emissions initially in the U.S. Permian basin from various monitoring platforms that operate from the ground, in the air and from space, with potential for global deployment in the near future....
(WO) – Trio Petroleum Corp. announced that its HV-1 well has confirmed a major accumulation of oil and gas in the Presidents field in its South Salinas project located in Monterey County, California. Courtesy of Trio Petroleum Corp. The HV-1 well is a two-mile step-out from Trio’s HV-3A discovery well that found high-quality, mid-gravity o...
(WO) – LOGOS Energy, LLC, a North Hudson Resource Partners LP portfolio company, has brought online a San Juan Basin record breaking natural gas well in the Mancos shale, building on its repeated 2021 and 2022 successes in the play and continuing the responsible development of a burgeoning new source of American natural gas supply. The peak...
(Bloomberg) – The number of wildfires rose in Canada’s main oil-producing province over the weekend as a heat wave brought hot, dry conditions, prompting officials to warn of more blazes to come. As of Sunday afternoon, there were 87 active fires in the province with 24 considered out of control, up from 21 the previous day. “The fire d...
(WO) – Equinor has, on behalf of the BM-C-33 license offshore Brazil with partners Repsol, Sinopec Brasil and Petrobras, awarded a contract for subsea umbilicals, risers and flowlines (SURF) to TechnipFMC, and a sales and purchase agreement (SPA) for the delivery of a floating production, storage and offloading (FPSO) unit to MODEC Inc. BM-...
(Bloomberg) — Nigerian oil production slumped almost 20% in April as Exxon Mobil Corp. workers went on strike, bringing to an end a recent rally. Output of crude and condensate in Africa’s largest producer declined to below 1.25 MMbpd last month, according to government data. Nigeria had held daily levels steady at between 1.41 million an...
(WO) – China Petroleum & Chemical Corporation ("Sinopec") has initiated the drilling of Project Deep Earth 1-Yuejin 3-3XC Well on May 1 in the Tarim basin, Xinjiang Uyghur Autonomous Region. With a design depth of 9,472 meters, it will be the deepest oil and gas well in Asia and a breakthrough of milestone significance in China's ultra-deep oil a...
(WO) – Neptune Energy and its partners, Vår Energi, Sval Energi and DNO, announced that production has commenced from the Fenja oil and gas field in the Norwegian Sea. Fenja is expected to produce 35,000 boed, via two oil producers, with pressure support from one water injector and one gas injector. The development consists of two subsea t...
(Bloomberg) – Shell Australia is selling bp Plc its interests in the carbon-intensive Browse offshore natural gas project, one of Australia’s largest untapped gas fields. “The Browse asset is no longer a strategic fit in the context of Shell’s global portfolio,” Shell said in a statement Saturday, without elaborating on the size of...
(Bloomberg) – Exxon Mobil Corp. has a high bar for potential acquisitions and will only pursue a large transaction if it finds unique ways of extracting value from a deal, said Chief Financial Officer Kathy Mikells. “Exxon Mobil is a pretty picky acquirer,” Mikells said during an interview. The executive team is focused on “ensuring t...