A record 161 orphan oil and gas wells were plugged in Colorado last year, but wells are being added faster than they can be sealed and state and local officials are worried about an impending surge in abandoned sites. “The number…
Hart Energy Matador Targets Growth From Federal Leases, Woodford BPX CEO Kyle Koontz says rapid shale drilling cycles allow the company to test technology, lower costs and transfer operating lessons across BP.
The government said today it would deliver its promise to ban fracking by outlawing the issuing of new onshore oil and gas exploration licences. The news has disappointed environmental campaigners, who had called for an outright ban on all forms…
SciDev wins Permian Basin chemistry contract worth up to $20m, with about $14m in potential FY27 revenue, subject to customer orders. SciDev Limited (ASX: SDV) has won a bulk completion chemistry supply contract in the Permian Basin that could generate up to $20 million…
NTV News Business, News November 4th, 2026 The province’s offshore energy regulator has seen a big boost in interest for oil exploration. The C-NLOER says there were 10 successful bids for parcels of land offshore, totalling more than $260 million in work commitments. It’s…
(FANG) Seeking Alpha My previous analysis of Diamondback Energy (FANG) came with a reiterated Buy rating, highlighting how the valuation remained conservative despite the proven operational excellence and strong potential from the Bryant Ranch project that positions Analyst’s Disclosure: I…
SUCCESS: Heritage offshore well S-946 continues to produce an average of 800 bopd. HERITAGE Petroleum Company Ltd says it has recorded production test rates of more than 800 barrels of oil per day from a newly completed offshore well, exceeding its forecast initial…
Hart Energy Crescent May IPO Its Minerals, Reducing Post-Devon Deal Debt BPX CEO Kyle Koontz says rapid shale drilling cycles allow the company to test technology, lower costs and transfer operating lessons across BP.
Chevron has downsized its presence in the Tri-Valley in the years since selling its former headquarters back to developers and shifting most of its corporate functions to Texas. But campaign finance records show its scaled-down San Ramon offices still contributed…
The Permian isn't standing still. Neither should your strategy. Join us for breakfast! Ovintiv's production averaged 631,000 boe/d (32% oil and condensate) in third-quarter 2026. The leaders of Ovintiv Inc., Denver, are diverting $50 million in fourth-quarter capital spending to the operator's Permian…
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