Continental Lands 2-Mile Lateral in Deeper Williston Basin
Bakken pioneer Continental Resources is expanding drilling into deeper targets in the Williston Basin, data show. North Dakota…
Equinor granted drilling permit for well 6407/1-B-2 H
The Norwegian Offshore Directorate has granted Equinor a drilling permit for well 6407/1-B-2 H in production licence PL 1121.…
India Pushes Back Against US Moves on Russian Oil Imports
(Bloomberg) — India rebutted mounting US pressure to end crude imports from Russia, with Oil Minister Hardeep Puri…
ADNOC signs 15-year LNG supply deal with IndianOil
ADNOC announced a 15-year Sales and Purchase Agreement (SPA) with Indian Oil Corporation Ltd (IndianOil), India’s largest integrated…
Discharge tests underway for deep geothermal project in Vienna, Austria
Discharge test at deeep geothermal site in Aspern, Vienna, Austria (source: Wien Energie via LinkedIn) Initial discharge tests…
Santos Shares Rise as First-Half Earnings Beat Estimates
(Bloomberg) — Santos Ltd. shares rose after the Australian oil and gas producer reported earnings that beat expectations,…
Macquarie Hires Equinor’s Ravelli as Global Head of LNG
(Bloomberg) — Macquarie Group Ltd. has hired Samuele Ravelli to lead its global LNG trading business as the…
EU Fails in Bid to Add Joint Debt to Key Sovereign Index
(Bloomberg) — Intercontinental Exchange Inc. will not add European Union joint debt to its sovereign bond indexes in…
Treasuries Edge Higher, Asian Shares Rise on Japan: Markets
(Bloomberg) — Treasuries edged up to recover some of their losses from a higher US inflation print, which…
Prairie’s D-J Bayswater Needs Nearly 70% More Boe/d to Hit Guidance
Denver-Julesburg (D-J) Basin-focused Prairie Operating needs to increase its production by 69% in the second half to meet…
The Permian’s Dirty Secret Is Bubbling Over
The Permian Basin produces over 5 million barrels of oil daily. With that, the Permian also produces a…
Australia Urged to Rein In Gas Exports as Supply Crunch
(Bloomberg) — A new report linking Australia’s liquefied natural gas export boom to surging local energy prices is…