Oil & gas news

A new report shows that horizontal drilling and fracking was responsible for 48% of US oil production and reduced fuel prices in 2013.

Exploring deepwater areas could boost Trinidad and Tobago’s oil and gas industry, according to GlobalData.

HB Rentals has announced the official opening of its new service location in Ciudad del Carmen, Mexico.

WPX Energy has selected SIGMA³ for reservoir modelling in order to understand horizontal well performance in the Bakken.

Luay Al-Khatteeb of the Brookings Institution presents an alternative theory in the global debate over falling oil prices.

According to the US EIA, colder weather has driven up the forecast of 2014 energy related carbon dioxide emissions 1.1% above the 2013 level.

Continental Resources has formed a joint venture to develop a portion of its Northwest Cana Woodford assets in Oklahoma.

The second annual Southwest Oil & Gas Awards was held in Dallas, Texas, on October 23.

BW Offshore has chosen DNV GL to provide classification services for the Catcher FPSO being deployed in the UK North Sea.

Petrofac has secured a second contract extension from South Oil Company for support on its Iraq project.