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Updated: 2 hours 6 min ago

Baker Hughes US Rig Tally Hits 373

Sat, 01/16/2021 - 23:31
Baker Hughes reported the total number of rotary drilling rigs operating in the United States increased by 13 week.

HAL Electric Frac First and More

Sat, 01/16/2021 - 23:30
Here are some of Rigzone's top upstream stories during the last week, just in case you missed them...

Oil Prices Slide Again

Sat, 01/16/2021 - 04:50
Oil slid by the most in three weeks as a stronger dollar and weak US economic data stoked concerns over an economic rebound.

How Quickly Will US Fossil Fuel Output Rebound?

Sat, 01/16/2021 - 02:51
Look back at oil and gas market hits and misses for the week ending Jan. 15, 2021.

Total Drops API Membership

Sat, 01/16/2021 - 00:30
Total reported Friday that it has decided not to renew its membership in the American Petroleum Institute (API) for 2021.

Feds Decline Comment on Exxon Permian Probe Report

Fri, 01/15/2021 - 22:47
The probe, reported by the Wall Street Journal, may cast a shadow over Exxon's efforts to turn a corner.

Texas Pipeline Group Elects New Chairman

Fri, 01/15/2021 - 22:29
NuStar's Shay Bluntzer is the new chairman of the Texas Pipeline Association.

Dana Terminates Maersk Drilling Deal

Fri, 01/15/2021 - 21:29
Maersk Drilling announced Friday that it has received notice of early termination of a one-well contract with Dana Petroleum Denmark B.V.

ENOG Takes Karish North FID

Fri, 01/15/2021 - 21:23
Energean plc (LSE: ENOG) has announced that it has taken a Final Investment Decision on the Karish North gas development, offshore Israel.

Total Makes Significant Oil Find

Fri, 01/15/2021 - 19:56
Total (NYSE: TOT) has announced that it and Apache Corporation (Nasdaq: APA) have made a 'significant' new oil and gas discovery at the Keskesi East-1 well in Block 58 off the coast of Suriname.

NS2 Set to Finish Bulk of Work on One Line in June

Fri, 01/15/2021 - 18:13
Nord Stream 2 AG plans to complete major construction work on one of two branches of the controversial Russian gas link in the first half of 2021.

US Targets CNOOC in Late Anti-China Push

Fri, 01/15/2021 - 18:02
The Trump administration blacklisted China's third-biggest oil company over its drilling in the South China Sea.

Oil Retreats as Stronger Dollar Dents Rally

Fri, 01/15/2021 - 17:43
Oil declined from a 10-month high as the dollar strengthened, taking the steam out of a recent rally.

Spirit Energy Contracts Rig for UKCS Infill Well

Fri, 01/15/2021 - 17:28
The Maersk Resolve, above, will drill a development well at Grove North East in the UK North Sea. PHOTO SOURCE: Maersk Drilling

Oil Futures Gain Amid $2T Stimulus Hopes

Fri, 01/15/2021 - 04:59
Oil rose to a new 10-month high in New York.

Halliburton Claims Electric Frac First

Fri, 01/15/2021 - 03:14
This photo shows an electric frac job underway at a Cimarex Energy well pad in the Permian Basin of West Texas. PHOTO SOURCE: Halliburton

Shell to Join Offshore Argentina Block

Thu, 01/14/2021 - 23:42
Equinor and YPF have agreed to jointly farm-down a nearly one-third non-operated stake in the CAN 100 block offshore Argentina to Shell

Ovintiv Investor Threatens Proxy Fight

Thu, 01/14/2021 - 21:22
The private equity firm, which said it owns a 2.4% stake in Ovintiv, argues that the company is falling behind its peers.

South Korea Seeks Qatari Help to Release Tanker

Thu, 01/14/2021 - 20:42
South Korea has asked Qatar for 'maximum support' to secure the release of an oil tanker seized by Iran this month.

ADNOC Creates New Directorate

Thu, 01/14/2021 - 20:06
Abu Dhabi National Oil Company has created a new Downstream Industry, Marketing & Trading Directorate, effective January 17, 2021.