Starr Spencer

Premier global deepwater driller Transocean sees “sustained strength” in offshore drilling as demand tightens for increasingly fewer available high capability drilling rigs for the foreseeable future,

ExxonMobil and Chevron each foresee a bit lower respective Permian Basin production profiles for 2022 than earlier stated, although both are still running high volumes of several hundred thousand barr

US Permian Basin producers Devon Energy and Diamondback Energy both raised production guidance and capital budgets for 2022, owing to stellar well performance and inflationary pressures, their top exe

Schlumberger sees “very robust” oil and gas drilling activity in second half 2022, underpinned by the need for energy security and “urgency” to provide more varied and reliable oil and gas supply sour

W&T’s oil and gas production, which has mostly bobbed up and down within the 30,000 40,000 b/d of oil equivalent band for several years, may be ready to climb out of the range, the US based company sa

The US oil and gas rig count fell by 13 to 706 on the week, energy analytics and software company Enverus said Dec. 30, as the Permian Basin recorded by far the biggest decline and biggest move of any

E&P operators were busy Aug. 30 inspecting their US Gulf of Mexico platforms for potential damage or making arrangements for flyover visuals in the wake of Hurricane Ida’s strike along the Louisiana G

Apache and France’s Total said Tuesday they have struck what they call a “significant” oil and gas discovery offshore Suriname, the first sizable find in that country after several years of much watch

Another $10/b needed to boost drilling: Harold Hamm Budgets, activity seen lower for 2020 $70/b plus said needed for substantive capex change Oil prices are the highest they have been in months, but t

Sees 100 million barrels of additional reserves Field production is currently 15,500 boe/d Will close soon on ExxonMobil’s Mobile Bay assets Pure play US Gulf of Mexico operator W&T Offshore believes