US upstream news
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.
GD Energy Products to provide 3000 horsepower pumps to US Well Services
Each custom-designed pump is powered by an electric drive motor to create an environmentally sustainable frac unit.
Enverus unearths full, North America inventory in basin-by-basin deep dive
Comprehensive analysis calculates 125 000 undeveloped drilling locations amounting to 60 billion bbl of untapped oil and 320 Tcf of undeveloped natural gas.
Machinery Auctioneers sells over US$30m in trucks and oilfield equipment at auction
Oilfield equipment, trucks, heavy equipment, and other items were auctioned in person and online. With over 71 000 catalogue views, 498 lots were sold over a single day auction, totalling over US$30 million.