US upstream news

Oil majors are readying themselves for the energy transition by investing in shale and waiting for renewable technology to be economical, according to Rystad Energy.

Industry leaders collaborate to help energy producers execute digital transformation, achieve fastest first oil with leading subsurface technologies.

The company was responsible for the concept, detailed design, transportation and installation of the platform in 35 m water depth for the D28 oilfield Phase 1 project for OceanMight Sdn Bhd on behalf of PETRONAS Carigali Sdn Bhd.

The additional area awarded covers a new gas prospect that is similar to the Bainet discovery which Raffles and Prospex successfully drilled in November 2017 and started production in September 2018.

The Bénin Onshore Block B is located in the Dahomey Embayment (Coastal Basin) and covers an area of 4590 km2 (approximately 1.1 million acres). The Block is located to the west of Bénin's capital Cotonou continuing to the Togo border.

The company has announced a new multi-client onshore 3D seismic project, South Hackberry 3D, located on the east flank of the Anadarko Basin in Garfield, Kingfisher and Logan Counties, Oklahoma.

The center deploys the latest mechanical engineering expertise to build more durable motors that drill faster and allow for longer runs with a higher rate of penetration.

The AIM listed oil and gas company has provided an update regarding its Austin Field property in Texas.

Agreement will provide proppant to industry leader.

In a major shift, the United States is set to produce more oil and liquids than Russia and Saudi Arabia combined by 2025.