The Permian Basin will be the go-to target for Devon Energy Corp. this year, with 80% of this year’s capital budget and nearly all of the rigs directed to the massive formation. The Oklahoma City-based […]
Premier Oil Plc, the indebted North Sea driller being swallowed by Chrysaor Holdings Ltd., will re-emerge as the largest independent oil and gas producer among U.K. stocks just as the global crude market roars back. With […]
Shale oil producers in the southern United States could take at least two weeks to restart the more than 2 million barrels per day (bpd) of crude output that shut down because of cold weather, as […]
Laredo Petroleum, Inc. (NYSE: LPI) (“Laredo” or the “Company”) today announced its fourth-quarter and full-year 2020 financial and operating results. Full-Year 2020 Highlights Fully transitioned development operations to Howard County acreage and successfully completed the […]
Texas energy firms on Friday began to prepare for oil and gas production after days of frozen shutdowns as electric power and water service slowly resumed at darkened oilfields and refineries. It will take several […]
Bonanza Creek Energy, Inc. (NYSE: BCEI) (the “Company” or “Bonanza Creek”) today announced its fourth quarter and full-year 2020 financial results, and has posted an updated investor presentation to its website. Highlights for the fourth […]
Canadian natural gas producers are bouncing back faster from the COVID-19 pandemic than battered U.S. shale firms, putting them in a position to boost net gas exports to the United States for the first time […]
The Ninth Circuit Court of Appeals extended an emergency order blocking ConocoPhillips Alaska Inc. from opening a gravel mine site and building roads to support its Willow oil development project in the National Petroleum Reserve-Alaska. The decision […]
France’s supermajor Total is warning that the world could find itself with a shortfall of supply of 10 million barrels per day (bpd) between now and 2025, due to continued underinvestment in the industry, the […]
The three FPSOs are Berge Helene, BW Cidade de São Vicente, and Espoir Ivoirien, BW Offshore said on Wednesday. According to BW Offshore, the impairments reflect continued uncertainty around redeployment and extension for certain older […]
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