- Cepsa gets 10% of concession off Abu Dhabi
Cia. Espanola de Petroleos SAU (Cepsa) has acquired a 20% interest in the Satah al Razboot (SARB) and Umm Lulu Concession offshore Abu Dhabi from Abu Dhabi National Oil Co.
- OGJ Newsletter
International news for oil and gas professionals
- EIA: US gas reserves increase at yearend 2016, crude remains flat
The US Energy Information Administration said average first-of-the-month prices used to calculate US reserves dropped in 2016 compared with 2015. Natural gas and crude oil decreased by a respective 6% and 15% during the period.
- Drilling & Production
- ExxonMobil adds 2.7 billion bbl to reserves in 2017
ExxonMobil Corp. has added 2.7 billion boe of proved oil and gas reserves in 2017, replacing 183% of production. ExxonMobil's proved reserves totaled 21.2 billion boe at yearend 2017. Liquids represented 57% of the reserves, up from 53% in 2016. Exxo...
- Operators participate in Australian subsea equipment reliability study
Oil and gas services company Wood Group is leading a subsea equipment research program offshore Australia in collaboration with Chevron Corp., Royal Dutch Shell PLC, and Woodside Petroleum Ltd.
- Continental on track to increase oil, gas production
Continental Resources Inc. increased its oil and natural gas production 37% to nearly 287,000 boe/d during fourth-quarter 2017 compared with the same period a year earlier. Continental plans to increase production in 2018, the company said in a preli...
- 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...