Category Archives: Exploration & Production

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

Drilling in the Arctic National Wildlife Refuge could top out at 560,000 barrels per day in 2039 — double Alaska’s current o –More– 

Offshore oil drilling is showing some signs of recovery, but the business remains costly and risky when compared with onshore –More– 

The Enhanced Oil Recovery Institute at the University of Wyoming will spend $2.2 million to research ways to increase product –More– 

Infrastructure constraints in the Permian Basin are encouraging ConocoPhillips to look elsewhere for growth opportunities, pa –More– 

Even with oil prices around $70 per barrel, the top 20 US shale oil producers collectively spent nearly $2 billion more than  –More– 

ConocoPhillips is reportedly planning to sell its North Sea oilfields for up to $2 billion as the US oil major sharpens its f –More– 

Occidental Petroleum, the largest producer in the Permian Basin, reported a first-quarter pre-tax income of $750 million for  –More– 

Texas permitting activity grew 34% year-on-year in April, with the Texas Railroad Commission issuing 1,221 original drilling  –More– 

Oil companies have signed 19 deepwater exploration contracts with Mexico, committing to 23 wells and a potential investment o –More–