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US upstream news

 
 

Enteq Upstream appoints Business Development Vice-President

Suki Gill joins the company with 15-years’ experience under her belt, ranging from hands-on Measurements and Logging while Drilling Engineering, multi-platform integration projects, training and operations management.

 

Baker Hughes reports fall in profit

Adjusted net income attributable to the company was US$83 million, or 10 cents per share, in the quarter ended June 30, compared with US$91 million, or 12 cents per share, in 1Q21.

 
 
 
 
 

Dry well drilled offshore Guyana

The Jabillo-1 well drilled by ExxonMobil in the Canje Block, offshore Guyana, did not show evidence of commercial hydrocarbons.

 

GlobalData: higher investment needed for Bakken Shale to exhibit full recovery

According to GlobalData’s latest report, ‘Bakken Shale in the US, 2021 – Oil and Gas Shale Market Analysis and Outlook to 2025’, Bakken Shale accounted for a mere 11% of oil and 2.8% of natural gas production in the US Lower 48 for 2020, which is a drop from 12% for crude oil and 3% for natural gas in 2019.