Category Archives: Exploration & Production

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Canadian oil and natural gas producer Baytex Energy has agreed to acquire rival Raging River Exploration in a $2.1 billion al –More– 

US federal lands and waters produced an average of about 2.22 million barrels of crude per day in fiscal 2017, marking the hi –More– 

Lilis Energy has reached a deal to trade some of its acreage in exchange for 1,500 net acres in the Permian Basin’s Delaware  –More– 

The Ohio Department of Natural Resources issued only 23 permits to drill in the Utica Shale in April, down from 43 permits in –More– 

Hedge funds’ bullishness about West Texas Intermediate crude prices increasing has reached its lowest point in nearly seven m –More– 

A 3D seismic survey at Whitebark Energy’s Point Loma joint venture with Point Loma Resources in Canada has identified drillin –More– 

The oil price rally has pushed North Dakota’s oil and natural gas tax revenues 25% above forecast, generating $1.6 billion fo –More– 

Royal Dutch Shell has found oil in a well about 21 kilometers from the Appomattox deepwater platform in the Gulf of Mexico, t –More– 

Royal Dutch Shell and Chevron gradually returned their operations in the eastern Gulf of Mexico to normal after the two compa –More– 

US shale production growth will likely disappoint in the future and climb at a slower-than-expected rate, said Mark Papa, for –More–