Rigzone Industry News

'Nine months into implementation, the cap is working'.

Block Energy has reached total depth at the WR-34Z well.

The government is offering up to $350 million in grants to reduce methane emissions from oil and gas wells through well plugging and monitoring.

One of Rigzone's regular market watchers takes a look at Iran's oil production, the state of U.S. crude stockpiles, OPEC plans, the oil price and more.

TotalEnergies has officially inaugurated the Absheron gas field.

Whitecap has inked a CO2 supply contract extension with SaskPower for volumes delivered to the Weyburn Unit CO2 enhanced oil recovery project.

Brent oil futures have already surged by almost a quarter since late June .

Wintershall Dea aims to start up the Maria Phase 2 project in 2025 and expects to add around 27 MMboe to the total field reserves.

'The planned sale of SDX's Egyptian assets will be a significant milestone on the company's transition road map'.

'This transaction... supports the PNG government objectives for the people of PNG to have a greater equity interest in the development of their natural resources'.