GeoPark has acquired operated interests in the Loma Jarillosa Este and Puesto Silva Oeste blocks in Argentina’s Vaca Muerta shale from Pluspetrol, adding 12,300 acres, immediate production and growth to 20,000 boed by 2028. SourceContinue Reading
Small indicators are starting to appear that ongoing confidence-building measures between Armenia and Azerbaijan are having a positive effect on efforts to conclude a lasting peace settlement. An Azerbaijani media outlet, the Report information agency, noted September 22 that Armenian and Azerbaijani judges awarded the highest scores possible to contestants from each other’s nation during...Continue Reading
SLB has secured a major Petrobras contract for up to 35 ultra-deepwater wells in Brazil’s Santos Basin Atapu and Sépia fields, deploying advanced electric completions and digital technologies to enhance production and reservoir management. SourceContinue Reading
Nabors Industries and Caturus Energy have launched the PACE-X Ultra™ X33 rig, the most powerful onshore drilling system in the U.S. The rig enables complex well designs, including 4-mile laterals and 14,000+ ft depths, setting new benchmarks for efficiency, safety and lower-carbon operations. SourceContinue Reading
Aker BP and FourPhase have executed the first-ever remote offshore solids management operation in the North Sea. The two-month project reduced offshore exposure, improved efficiency and safety, and set a new benchmark for future digital and remote well interventions. SourceContinue Reading
Russian Black Sea Oil Shipments Resume After Drone Attacks | OilPrice.com Tom Kool Tom majored in International Business at Amsterdam’s Higher School of Economics, he is Oilprice.com’s Head of Operations More Info Premium Content By Tom Kool – Sep 25, 2025, 11:00 AM CDT Oil loadings have resumed at Russia’s Novorossiysk hub. Ukrainian drone strikes...Continue Reading
BP Scraps View Oil Demand Could Peak in 2025, Sees Growth Through 2030 | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Sep 25, 2025, 10:30 AM CDT Global oil demand is set to rise through 2030 amid weaker-than-expected efficiency gains, BP said on Thursday in...Continue Reading
Should the U.S. Allow India To Buy Oil From Iran and Venezuela? | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com, More Info Premium Content By Michael Kern – Sep 25, 2025, 10:00 AM CDT India has proposed to the US Administration that it could decrease its reliance on...Continue Reading
Nabors Industries and Caturus Energy have launched the PACE-X Ultra™ X33 rig, the most powerful onshore drilling system in the U.S. The rig enables complex well designs, including 4-mile laterals and 14,000+ ft depths, setting new benchmarks for efficiency, safety and lower-carbon operations. SourceContinue Reading
