Oil, Gas and Shale
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NEWS Click on text to read news by category: General | Product | People | Worldwide

Trillion Energy’s Akcakoca-3 Well Begins Gas Production, Offshore Turkey

September 13, 2024

Trillion Energy International said the Akcakoca-3 well at the SASB Gas Field has now been put into production.  “We are thrilled with the strong performance of Akcakoca-3 and the successful flow tests at Alapli-2,” said Arthur Halleran, CEO of Trillion

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UK Government Releases New Environmental Guidance After Supreme Court Ruling

September 13, 2024

The UK government has announced plans for new environmental guidance for oil and gas firms to provide stability for industry, support investment, protect jobs, deliver economic growth, and meet its climate obligations, as the North Sea transitions to its clean

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ConocoPhillips Appoints Nelda Connors to Its Board of Directors

September 13, 2024

ConocoPhillips said its board of directors has elected Ms. Nelda J. Connors to serve as a board member. “It is an honor to welcome Nelda to the ConocoPhillips board of directors,” said Ryan Lance, chairman and chief executive officer. “Nelda

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Diamondback’s Subsidiary Viper Energy to Acquire $1.1 Billion in Permian Mineral, Royalty Interests

September 12, 2024

Diamondback Energy said it and its operating subsidiary Viper Energy Partners have entered into a definitive purchase and sale agreement to acquire certain mineral and royalty interest- owning subsidiaries of Tumbleweed Royalty in exchange for $461 million of cash and

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Talos Energy Makes New Discovery at Ewing Bank 953, Adds Additional 2024 Prospect in Gulf of Mexico

September 12, 2024

Talos Energy said its Ewing Bank 953 well (EW 953 well) successfully discovered commercial quantities of oil and natural gas. Separately, Talos entered into an agreement to participate in the Sebastian prospect, currently drilling in the Mississippi Canyon Block 387

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Allied Resources Acquires Kansas Acreage, Plans Eight Well Program

September 12, 2024

Allied Resource Partners has acquired an additional five square miles in Gove County, Kansas. This strategic acquisition strengthens the company’s operational footprint in the region. In July, Allied Resource Partners conducted a 3D seismic survey across the newly acquired acreage.

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BSEE Finalizes Improved Safety Regulations for Novel Technologies and Challenging Conditions

September 12, 2024

The Bureau of Safety and Environmental Enforcement (BSEE) has published new regulations that will improve operational safety, human health, and environmental protections offshore, and provide clarity to industry regarding BSEE’s review of projects proposing to use novel technology, including equipment

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Petrobras Finds Gas in Colombian Caribbean, Sets Eyes on Namibia’s Potential

September 12, 2024

Brazil’s oil giant has reported the discovery of a significant gas resource from a well drilled off shore Colombia in the Caribbean. The Uchuva 2 well is some 32 kilometers from the coast at a depth of 804 meters. This

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BP Extends Partnership with Palantir to Integrate AI Capabilities

September 12, 2024

Palantir Technologies has entered into an enterprise agreement that will extend their strategic relationship and introduce new artificial intelligence capabilities with Palantir’s AIP software. The new contract will build on a decade of deep collaboration that has created a firm

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Steve Gray to Retire from Range Resources’ Board

September 12, 2024

Range Resources said Steve Gray will retire from his position on Range’s board of directors, effective October 1, 2024. “We want to express our gratitude to Steve for his dedicated service to Range. Since joining our board in 2018, Steve

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