In the twilight depths of the Gulf of Mexico, about as deep down as a football field is long, U.S. Navy divers carefully snip ...

Crane County Blackbeard Operating LLC • Waddell TR 1 #5408H: Peart (Barnett)-Horizontal; 221 fnl, 810 fel, Sec 3, Blk B-24, Abst. 1166, PSL, 14.71 nw Crane; TD 14000; API #42-103-37627.

After a three-year appraisal period, EOG may enter into a production agreement, which Abu Dhabi National Oil Co. will have an option to join. The move comes as oil prices plunge and US producers run ...

Peru 's state-run oil company failed to attract any bids to develop an oil field that overlaps ancestral territories of several Indigenous groups, prompting celebration by the communities and ...

Standing as one of the largest offshore oil drilling platforms globally, the Berkut platform is a remarkable feat of engineering. Located 25 kilometers from Sakhalin Island in the Sea of Okhotsk ...

Well 7220/5-4 will be drilled by the COSL Prospector semisubmersible drilling rig in production license 532. Equinor Energy AS has been granted a permit by the Norwegian Offshore Directorate to ...

Peru 's state-run oil company failed to attract any bids to develop an oil field that overlaps ancestral territories of several Indigenous groups, prompting celebration by the communities and ...

Oil prices have slumped this year. WTI, the primary U.S. oil price benchmark, has fallen more than 10% this year to the low-$60s. That's due to demand concerns from a potential slowdown in the ...