PetroTal raised its 2026 outlook and said it is preparing to resume development drilling at Peru’s Bretana field later this year as production stabilization efforts continue. SourceContinue Reading
SunPetro has launched India’s first 3C MEMS nodal seismic survey using Sercel WiNG technology, supporting high-resolution reservoir imaging and 4D monitoring in Gujarat. SourceContinue Reading
Rex International has appointed upstream veteran Mike Hopkinson as COO as the company advances operations and prepares for additional drilling activity in Oman. SourceContinue Reading
Devon and Coterra have completed their merger, creating a major U.S. shale operator with expanded Delaware basin scale and operations spanning the Anadarko, Eagle Ford and Marcellus plays. SourceContinue Reading
At OTC in Houston, ExxonMobil’s John Ardill said the coming “demand decade” will require more upstream investment, stronger policy alignment and faster deployment of AI-driven technologies. He pointed to autonomous drilling in Guyana and the U.S. shale model as indicators of where exploration is headed. SourceContinue Reading
At OTC in Houston, ExxonMobil’s John Ardill said the coming “demand decade” will require more upstream investment, stronger policy alignment and faster deployment of AI-driven technologies. He pointed to autonomous drilling in Guyana and the U.S. shale model as indicators of where exploration is headed. SourceContinue Reading
The Trump administration is considering drilling for oil beneath U.S. military bases and other federal land as part of efforts to refill the depleted Strategic Petroleum Reserve. SourceContinue Reading
Diversified and Carlyle are acquiring $1.2 billion in Anadarko basin assets from Camino, expanding their Oklahoma footprint with new SCOOP/STACK inventory and a large-scale ABS financing structure. SourceContinue Reading
Texas Railroad Commissioner Wayne Christian praised record Corpus Christi export activity and rising drilling momentum as Texas producers respond to supply disruptions tied to the Iran conflict. SourceContinue Reading
OPEC crude production fell to its lowest level since 1990 as the Iran war and Strait of Hormuz disruption cut Persian Gulf exports and forced additional shut-ins. SourceContinue Reading
