The block has significant 2D and 3D seismic data already completed and no additional seismic acquisition or drilling of wells is planned in the three-year carried period. During this period, Eco will complete the interpretation and analysis required for its planned Work Program with its in-house exploration team. SourceContinue Reading

Enverus Intelligence Research (EIR), a subsidiary of Enverus, has released new research that analyzes which oil and gas plays show the greatest rate of increase in drilling speeds and whether well costs correlate with drilling speeds. In addition, the report looks at how well designs are affecting drilling efficiencies. SourceContinue Reading

Heat-Resistant Aluminum Alloys: A Breakthrough in Aerospace Engineering | OilPrice.com Metal Miner MetalMiner is the largest metals-related media site in the US according to third party ranking sites. With a preemptive global perspective on the issues, trends,… More Info Premium Content By Metal Miner – Jun 05, 2024, 1:00 PM CDT Tianjin University scientists have...Continue Reading

Virginia Breaks Free from California’s EV Mandate | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 05, 2024, 12:30 PM CDT Virginia will exit the California electric vehicle mandate effective at the end of 2024, Virginia’s Republican Governor Glenn Youngkin said on Wednesday. The Governor announced today...Continue Reading

European Battery Manufacturer Pauses Development As EV Demand Cools | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Jun 05, 2024, 12:00 PM CDT Troubling news for the electric vehicle market emerged from Europe on Tuesday. The first was the collapse of Porsche...Continue Reading

Vietnam’s Coal Demand and Emissions Hit Record Highs | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 05, 2024, 11:30 AM CDT Despite being a leader in solar and wind generation in Southeast Asia, Vietnam has seen its coal use and coal plant-related emissions hit...Continue Reading

Engineering studies (FEED) are progressing for the development of the Sapakara and Krabdagu fields, with combined recoverable resources estimated above 700 MMbbl, thanks to the integration of Water Alternating Gas (WAG) injection technology to maximize recovery. SourceContinue Reading

Rising Star Octopus Energy Signs Energy Storage Deal | OilPrice.com City A.M CityAM.com is the online presence of City A.M., London’s first free daily business newspaper. Both platforms cover financial and business news as well as sport and… More Info Premium Content By City A.M – Jun 05, 2024, 11:00 AM CDT Octopus energy inks energy...Continue Reading

Buzzard reached peak production of 80,000 boed after its phase II started production in 2022. Today it’s closer to half that level of output. The field was shut from April 27 for 12 days of planned maintenance. There is another planned turnaround in late August for about 14 days. SourceContinue Reading

The U.S. LNG developer has reviewed various equity investment offerings from the energy companies related to its proposed Driftwood plant, said the people, who asked not to be named as they’re not authorized to speak to the media. SourceContinue Reading