US upstream news

US natural gas production — as measured by gross withdrawals — averaged 111.2 billion ft3/d in 2020, down 0.9 billion ft3/d from 2019.

The contract covers the Khaleesi/Mormont and Samurai fields in the US Gulf of Mexico.

The SABER Tool uses internally directed pressure differentials to steer from the drill bit face, delivering true 'at-bit' geosteering.

Oil prices started the week boosted by the US stimulus bill that the US House of Representatives passed but a risk of bearish developments could trim gains going forward.

The company's Future Energy Fund II is focused on technologies that have the potential to enable affordable, reliable and cleaner energy.

The new GD 2500Q Heavy Duty Frame (HDF) quintuplex pump is designed to extend pump service life through an optimised power end frame design.

The sale to HitecVision, through its wholly owned portfolio company NEO Energy, covers most of ExxonMobil’s non-operated upstream assets in the United Kingdom central and northern North Sea.

Worley will provide FEED services to 1PointFive Inc. for a direct air capture unit to be constructed in the US Permian Basin.

The US will account for 70% of the total projects expected to start operations by 2025, according to GlobalData.

Rystad Energy’s Head of Oil Markets, Bjornar Tonhaugen, and its Head of Shale Research, Artem Abramov, have commented on today's oil prices and on US oil production respectively.