E&P Highlights: Jan. 6, 2025
Here’s a roundup of the latest E&P headlines, including company resignations and promotions and the acquisition of an oilfield service and supply company.
Here’s a roundup of the latest E&P headlines, including company resignations and promotions and the acquisition of an oilfield service and supply company.
Halliburton Energy Services and Coterra Energy’s initial rollout of their autonomous hydraulic fracturing technology led to a 17% increase in stage efficiency.
Equinor says its 2024 North Sea production hit a new high thanks to equipment upgrades and little downtime.
While the White House said the move doesn’t affect existing leases, oil and gas industry groups called excluding offshore waters “significant and catastrophic.”
Birch Resources has averaged 7 MMboe, 92% oil, from just 16 wells in the northern Midland Basin’s Dean Formation in an average of 15 months each, according to new Texas Railroad Commission data.
California Resources Corp. will invest between $14 million and $18 million to capture the CO2, the company said in a news release.
Mattr Infrastructure Technologies has completed the acquisition of AmerCable Inc., a manufacturer of electrical power cables serving critical infrastructure markets.
Talos Energy said it has identified a finalist candidate to serve as the company’s permanent CEO starting end of first-quarter 2025.
(Reuters) – U.S. natural gas futures soared 9% in volatile trade on Monday as winter storms battered the eastern half of the country, causing output to decline as some oil and gas wells and pipes start to freeze. So far, those storms have knocked out power to more than 366,000 homes and businesses from Missouri …
Located in Madison County, Ohio, the Amazon Solar Farm Ohio-Fox Squirrel Solar project has 1.4 million solar panels and nearly 160 inverters.