EOG Ramps Gassy Dorado, Oily Utica, Slows Delaware, Eagle Ford D&C
EOG Resources will scale back on Delaware Basin and Eagle Ford drilling and completions in 2025.
Then and Now: 4D Seismic Surveys Cut Costs, Increase Production
4D seismic surveys allow operators to monitor changes in reservoirs over extended periods for more informed well placement decisions. Companies including SLB and MicroSeismic Inc. are already seeing the benefits of the tech.
Diversified Energy Closes $1.3B Maverick Acquisition, Enters Permian
Diversified Energy Co. Plc completed its $1.3 billion acquisition of EIG-backed Maverick Natural Resources.
Alaska LNG Project Could Start Up as Soon as 2030, State Governor Says
(Reuters) – Exports of liquefied natural gas from Alaska could begin by 2030 or 2031, Alaska Governor Mike Dunleavy said on Friday. U.S. President Donald Trump talked up the proposed $44 billion Alaska LNG project in his address to Congress last week. The project is expected to deliver about 3.5 billion cubic feet of gas …
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Chevron Advances Plans to Develop US Data Centers With Power Generation
(Reuters) – Chevron is advancing plans to tap into data center power demand, with the oil major recently entering the permitting and engineering phases for multiple U.S. sites to develop the centers and the electricity to supply them, a company executive told Reuters this week. Energy use for U.S. data centers, which are essentially giant …
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Glenfarne CEO Expects FID on Texas LNG by End of 2025
Glenfarne Energy Transition executives are waiting on a re-issue of a vacated FERC permit for Texas LNG.
AIQ, SLB Collaborate to Speed Up Autonomous Energy Operations
AIQ and SLB’s collaboration will use SLB’s suite of applications to facilitate autonomous upstream and downstream operations.
Brazil’s Petrobras in Talks With US LNG Suppliers for Long-Term Deal, Executive Says
By Marianna Parraga HOUSTON, March 14 (Reuters) – Brazil’s state-run oil firm Petrobras (PETR4.SA) is in talks with U.S. liquefied natural gas (LNG) suppliers for a long-term import deal, a Petrobras executive said. Brazil is Latin America’s largest oil producer, but consumes more gas than it produces and relies on imports to fill the gap. …
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Barclays Cuts 2025 Brent Oil Price Forecast on Soft Demand View
March 14 (Reuters) – Barclays on Friday lowered its 2025 Brent oil price forecast by $9 per barrel to $74 per barrel, citing a softer demand outlook amid elevated economic uncertainty. Brent crude futures were trading around $70 a barrel on Friday, after settling 1.5% lower in the previous session. U.S. West Texas Intermediate crude …
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CERAWEEK Texas LNG Aims to Make Final Investment Decision by December
HOUSTON, March 12 (Reuters) – (This March 12 story has been corrected to fix Glenfarne Energy Transition CEO’s name to Brendan Duval from Brian Duval, in paragraph 1) Glenfarne Energy Transition expects to make a final investment decision on its Texas LNG project by December, CEO Brendan Duval said on Wednesday. Glenfarne Energy is developing …
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