Industry News

  • Exploration
  • Woodside to speed up, add to Scarborough development plans
    Woodside Petroleum Ltd., Perth, would like to accelerate and increase the breadth of its plans through development of the Scarborough natural gas fields on the Exmouth Plateau offshore Western Australia.  
  • Mubadala Petroleum joins Russian venture
    The oil and gas unit of a major Abu Dhabi wealth fund is planning its first major investment in Russia. Mubadala Petroleum and the Russian Direct Investment Fund will acquire a 49% equity interest in Gazpromneft-Vostok to form a joint venture with Ga...
  • Shell makes sixth discovery in Norphlet deepwater play
    Shell Offshore Inc. reported its sixth oil discovery in the Norphlet geologic play in the deepwater US Gulf of Mexico. Drilled to a total vertical depth of 29,000 ft, the Dover well encountered 800 net ft of pay in the Jurrassic Norphlet.  
  • Drilling & Production
  • Baker Hughes: US rig count jumps 13 units
    The US drilling rig count was up 13 units to 1,059 the week ended May 25, according to Baker Hughes data. The count is up 151 units from this time a year ago when the count stood at 908. 
  • Woodside to speed up, add to Scarborough development plans
    Woodside Petroleum Ltd., Perth, would like to accelerate and increase the breadth of its plans through development of the Scarborough natural gas fields on the Exmouth Plateau offshore Western Australia.  
  • UNCTAD report urges developing countries to view fracing cautiously
    Countries seeking ways to increase access to energy should view hydraulic fracturing cautiously because of possible gaps in local geological and hydrological knowledge, inadequate regulatory environments, and diversion of resources from renewable ene...
  • American Petroleum Institute
  • Energy Year in Review
    Despite occasional policy obstacles, the U.S. energy revolution continues to enhance America’s economic and national security and deliver major benefits to consumers, the environment and manufacturers. With commonsense, market-based, consu...
  • Energy is All Around the Holidays
    Everywhere you go, whatever you do, energy – anchored by abundant U.S. oil and natural gas – is making life warmer, easier, healthier and more enjoyable. Let’s mark the holidays with a look at just a few of the gifts we enjoy, from the energy t...
  • New U.S. Energy Course Starts Offshore
    We need to change our course on energy – in offshore policy and other areas – to benefit American consumers, U.S. businesses, our economy and the country’s energy security. Given the fact it takes years to realize the benefits of of...

Contact:
Lauren Yates

lyates@heycoenergy.com

703.593.3184