Marathon Oil reported a 24 percent drop in third-quarter profit, as lower crude prices offset higher production.
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Posted on October 27, 2014 at 4:46 pm by Jennifer A. Dlouhy in
Arctic,
Exploration,
Politics/Policy |
Shell, which has spent eight years and $6 billion to explore the Arctic’s Beaufort and Chukchi seas, said in letter to the Interior Department that “prudent” exploration before leases expire is now “severely challenged.”
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Posted on October 22, 2014 at 10:56 am by Associated Press in
Exploration,
Hydraulic fracturing
Land Commissioner Ray Powell says the assessment of Apache Corp.’s production in Lea County turned up royalties going back to January 2009.
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Royal Dutch Shell today announced a discover off the coast of Gabon but says it will need to conduct further analysis to determine just go much gas is present.
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David Stover has been named Noble Energy CEO, under succession plan announced in April.
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The Norwegian energy company has had a presence in Tanzania since 2007.
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Posted on October 2, 2014 at 10:59 am by Bloomberg in
Exploration,
Refining
The companies agreed to analyze exploration, drilling and refining opportunities.
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Posted on October 1, 2014 at 3:10 pm by Associated Press in
Exploration,
Workforce
North Dakota’s unprecedented oil bonanza has boosted salaries throughout the state, though the male-dominated, high-paying energy industry also is widening the wage gap between men and women.
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Posted on October 1, 2014 at 11:09 am by Ryan Holeywell in
Exploration,
Offshore
Noble Energy will resume exploration drilling in the Falkland Islands next year, the company announced Wednesday, following evaluation of seismic imaging over its 10 million acres off the cost of the islands east of Argentina.
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Noble Energy, Gastar Exploration and Statoil submitted bids with 20 percent royalty rates. State officials plan to pick winners in the next week or two.
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Posted on September 24, 2014 at 10:34 am by Collin Eaton in
Deals,
Eagle Ford,
Exploration
With the purchase, Cabot Oil & Gas will add about a third to its land position in South Texas.
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Posted on September 23, 2014 at 11:28 am by Jennifer Hiller in
Eagle Ford,
Exploration,
Texas
Economic activity related to oil and gas exploration in South Texas is up 43 percent in just the last year in the region.
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