The anticipated upcycle in deepwater drilling has been deferred to 2026 or later due to factors like FPSO lead times, regulatory approvals, and capital discipline.

The Peyto team delivered record production in December of 2024 of 136 Mboe/d (721 MMcf/d gas, 15,708 bbl/d NGLs), generating an exit rate capital efficiency 4 of $9,700/boe/d, one of the best in ...

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESCALGARY, Alberta, Feb. 20, 2025 (GLOBE NEWSWIRE) -- ...

Birchcliff Energy Ltd. (“Birchcliff” or the “Corporation”) (TSX: BIR) is pleased to announce its unaudited 2024 full-year and fourth quarter financial and ...

Q4 2024 Earnings Call February 12, 2025 2:30 AM ETCompany ParticipantsKarl Hersvik - Chief Executive OfficerDavid Tønne - ...

BISHKEK, Kyrgyzstan, February 10. Kyrgyzstan received $2.989 billion in remittances from individuals abroad in 2024, which is ...

The introduction of horizontal drilling at the Shah Deniz gas field, located in the Azerbaijani sector of the Caspian Sea, has led to a significant reduction in surface intervention, an increase in ...

BAKU, Azerbaijan, February 7. Today, I will present a strategic approach based on techno-social solutions in horizontal drilling, said Hafiz Mirzaghayev, HSE Processes and Procedures Lead at ...

Nowicki showed Cutting Tool Engineering editors how ... range of up to 100" (2,540 mm) of horizontal reach and 52" (1,320 mm) of vertical stroke, resulting in precision and versatility across a broad ...

Presentation Operator Good day and good day, ladies and gentlemen, and thank you for standing-by. Welcome to the NOV 4th-Quarter 2024 Earnings Conference Call. At this time, all participants are in a ...

Aker BP takes over Oda field operatorship ahead of Ula area decommissioning. Aker BP on Feb. 1 took over operatorship of Oda field in the North Sea from Sval Energi. “By transferring the ...

SLB will provide engineering design and well construction ... DEEP’s geothermal project will draw on proven oil and gas field development methods, using advanced horizontal drilling to reach the most ...