Exploration & Production

December 13, 2018

Energy law firm: oil, gas outlook for 2019

BY Baker Botts Baker Botts is seen a as world class global energy law firm. The firm has provided insight into the oil and gas market in 2019 based on three main focus areas for above- and below-surface issues. READ MORE

December 12, 2018

Marathon reports production results from Bakken core extension

BY Marathon Oil Corporation Marathon Oil Corp. has announced encouraging early production results at an important four-well Middle Bakken pad in the company's Ajax area of the Williston Basin in Dunn County, North Dakota. READ MORE

December 11, 2018

ConocoPhillips rolls out new operating model for 2019

BY Luke Geiver“We no longer think of our value proposition as merely disciplined, we view it as the new order. We are running our business for sustained through-cycle financial returns, which is necessary for attracting investors back to the E&P sector." READ MORE

December 10, 2018

USGS releases new oil-in-place assessment for two Permian zones

BY U.S. Geological Survey The U.S. Department of the Interior has announced the Wolfcamp Shale and overlying Bone Spring Formation in the Delaware Basin portion of Texas and New Mexico. READ MORE

December 10, 2018

Hess boosting rig count, production in Bakken for 2019

BY Luke GeiverTo deliver strong returns, production growth and significant future free cash flow, Hess Corp. will spend 75 percent of its 2019 capital budget in the Bakken shale play. The Bakken will receive $1.425 billion. READ MORE

December 10, 2018

Chevron 2019 shale plans includes $3.5B to Permian

BY Luke GeiverChevron has earmarked $3.5 billion for the Permian in 2019. The oil major released a basic spending for 2019 that will equal $20 billion for both upstream and downstream across its U.S. and international operations. READ MORE

December 05, 2018

P2 releases AI system for shale lease management

BY Luke GeiverArtificial intelligence can now be used for oilfield leases. ThoughtTrace, a tech company that uses AI for quickly assessing and compiling critical information in legal documents, is working with P2 on a system for the Permian. READ MORE

December 04, 2018

The impact of Qatar’s exit from OPEC

BY Wood Mackenzie Qatar has announced it will withdraw from OPEC in January 2019, putting an end to its 57-year membership of the producer's cartel. Qatar, which said it intends to focus on its gas production will now look to LNG expansion. READ MORE

November 30, 2018

Rystad shale analyst details new decline curve forecast model

BY Luke GeiverRystad Energy's Alexandre Ramos-Peon, a senior analyst for the energy analytics firm, has released new input on the use of artificial intelligence and machine learning in shale well decline curve forecasting. READ MORE