The Bureau of Ocean Energy Management offered about 80 million acres in federal waters offshore Texas, Louisiana, Mississippi ...

Phase 1 targets 170 million bbl at a peak production of about 50,000 b/d. First oil is currently planned for 2028.

US commercial crude inventories fell to 425.7 million bbl, which is about 4% below the average range for this time of year, ...

Preliminary estimates indicate a discovered volume of 600 bcf of gas in place in the four reservoirs hit by the well. Additional reservoir segments in the prospect area with ...

There is potential for Brent prices to dip into the $45-low $50 range as storage builds accelerate across Asia, the US, and ...

The campaign to further derisk the Mopane discovery will include 3 wells over the next 2 years with a first well planned in 2026.

Ithaca Energy has let a contract to TechnipFMC for flexible risers on the Captain development in the UK North Sea. TechnipFMC will design, manufacture, and install flexible risers, flowlines, and ...

An ANN model offers the most accurate and reliable prediction of bubble-point pressure for Rmelan crude oils. For practical ...

Despite declining prices, strategic stockpiling by China along with OPEC+ production cuts are expected to limit the extent of ...

Executives now see their operations in the basin generating 2.5 MMboe/d and expect the area to generate 60% of the company’s ...

Vaalco Energy Inc. has spudded the ET-15 infill well on the Etame platform, marking the start of its phase three drilling program offshore Gabon.

Antero said adding to its Marcellus position expands its core liquids inventory while providing dry gas optionality for ...