US upstream news

Union Jack Oil plc, a UK and USA focused onshore hydrocarbon, production, development, exploration and investment company has announced a positive drilling update in respect of the Taylor 1-16 well, located in Seminole County, Oklahoma, USA, in which Union Jack holds a 45% working interest.

According to Reuters, a senior executive at Exxon Mobil said that US oil and gas producers remain focused on capital discipline, rather than radically increased production.

According to EIA, An average of 13.4 million bpd of crude oil was produced in the United States during August 2024, a new record according to data from EIA.

Rystad Energy’s oil market update: 25 November.

Cameron Devers, Tyler Abla, and Gage Russell, Taurex Drill Bits, USA, delve into the use of computer vision for PDC cutter damage classification, demonstrating how advanced image analysis is transforming the field.

The acquisition increases LandBridge holdings to roughly 272 000 surface acres.

The EIA has reported that monthly average natural gas spot prices at northwestern US and western Canada border pricing hubs reached historic lows in 2024 through October, according to data from Natural Gas Intelligence. Robust natural gas production in western Canada, where output has generally increased over the last two years, and high natural gas inventories in the region contributed to the low prices.

President-elect Donald Trump has chosen oil and gas industry CEO Chris Wright as his next energy secretary, with Trump seemingly intent on fulfilling his election promise to increase exploration and production.

Todd Razor, PACCAR Winch, USA, explains how collaboration is the key for the delivery of offshore hoist service training.

The US Energy Information Administration has reported that US production of associated natural gas increased 7.9% in 2023 compared with 2022, according to data from Enverus Drillinginfo.