US upstream news
Wood Mackenzie: Willow project in National Petroleum Reserve-Alaska receives approval from US Interior Department
The decision is for a three-pad development instead of the originally sought five drill sites and is coupled with ConocoPhillips relinquishing 68 000 acres of existing leases.
Cudd Well Control unveils new global headquarters
The new state-of-the-art facility consolidates office space with warehouse in one location.
Oil and gas industry overall contract value up by 27% QoQ during 4Q22, reveals GlobalData
Operations and maintenance (O&M) represented 55% of the total contracts in 4Q22, followed by procurement with 19%, and contracts with multiple scopes, such as construction, design and engineering, installation, O&M, and procurement, accounted for 13%.
GETI 2023: Surging fossil fuel prices make oil and gas sector top choice for energy workers
The seventh annual Global Energy Talent Index has revealed that the recent gas price crisis has transformed oil and gas into the most popular sector for energy workers to join and has sent salaries soaring above pre-pandemic levels.
Energy Workforce & Technology Council: Employment in oilfield services reaches highest level since 2020
Employment in the US oilfield services and equipment sector rose by an estimated 3069 jobs to 652 090 in January, according to preliminary data from the Bureau of Labor Statistics (BLS).
WhiteHawk Energy announces agreement to acquire Haynesville Shale Natural Gas Mineral and Royalty Assets
Assets to be acquired include production from over 1230 horizontal wells, 157 line of site wells, and 44 permitted wells all in the core of the Haynesville Shale.
Pantheon Resources issues operational update on Alkaid #2 well
At this early cleanup stage, Alkaid #2 is delivering hydrocarbon liquid rates near expectations over the 4000 ft unblocked section, with gas rates well above original prognosis.
API, AMEXHI, and IOGP renew MOU to strengthen collaboration in Gulf of Mexico
The MOU aims to strengthen mutual cooperation to help enhance operational performance across North American natural gas and oil operations.
Production in the US L48 region to continue its upswing in the medium term, says GlobalData
The major oil plays within the L48 region include the Permian, Bakken, Eagle Ford and DJ basins. Together, they are expected to cumulatively produce around 7.5 million bpd of crude oil in 2022.
PureWest selects Validere as emissions measurement, reporting, and verification solution
Validere will validate and organise operational and emissions data into a consolidated platform that PureWest can utilise across multiple emission reduction initiatives.