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    Rendering of offshore oil and gas platform
    Drilling & Production

    Deepwater Paleogene requires unconventional tools

    April 1, 2025
    Paleogene-age Wilcox reservoirs extend from onshore to deepwater offshore Gulf of Mexico. Discovery wells delineated the play and oil production from ultradeepwater Wilcox reservoirs...

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    oil and gas platform offshore at night
    Eva Sleire / © Equinor
    Johan Castberg FPSO anchored
    Devon Energy Corp.
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    Companies

    Dallas Fed survey shows capex plans holding up despite uncertainty

    March 26, 2025
    Respondents to the quarterly poll aren’t on the same page as the Energy Secretary about growing production with WTI at $50/bbl.
    Drilling & Production

    Baker Hughes: Canada drops 19 rigs week over week

    March 24, 2025
    Canada dropped 19 rigs for the week ended Mar. 21, according to Baker Hughes data.
    shell_plc_brazilian_operations
    Drilling & Production

    Shell takes FID on Santos basin project

    March 21, 2025
    Shell has reached positive FID on the Gato do Mato development in Block S-M-518 of Santos basin presalt, offshore Brazil.
    Drilling & Production

    ReconAfrica to spud Damara Fold belt well

    March 20, 2025
    Reconnaissance Energy Africa Ltd. (ReconAfrica) will spud the Prospect I well in the Damara Fold Belt in PEL 73, onshore Namibia, during second quarter 2025.
    Drilling & Production

    Prospex Energy to drill in southern Spain

    March 20, 2025
    Prospex Energy PLC plans to drill five new wells on the EL Romeral concessions after becoming the sole shareholder of Tarba Energía SL.