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This post was originally published on this siteDeepOcean has entered into a firm charter agreement with Hornbeck Offshore for the HOS Warland to support U.S. Gulf of Mexico ops.

This post was originally published on this siteOil fell Thursday even as the futures curve continued to signal one of the strongest periods the market has ever seen even, amid ongoing price volatility.

This post was originally published on this sitePantheon Resources has reached a total depth at the Theta West #1 well on the Alaska North Slope – encountering a high-quality hydrocarbon reservoir.

2021 was another tumultuous year across many different parts of the energy industry, with businesses of all sizes finding new ways to adapt their operations in the face of ongoing disruptions and uncertainty caused by the COVID-19 pandemic. For the oil and gas (O&G) sector, and particularly for deal-making within O&G, the pandemic accelerated trends […]

This post was originally published on this site2021 was another tumultuous year across many different parts of the energy industry, with businesses of all sizes finding new ways to adapt their operations in the face of ongoing disruptions and uncertainty caused by the COVID-19 pandemic. For the oil and gas (O&G) sector, and particularly for

The start of the year saw expected winter cold fronts arrive in Texas. Like clockwork from an increasingly coordinated campaign against natural gas, media breathlessly reported an estimated 1 billion cubic feet of gas was flared in the Permian Basin alone, resulting in a 25% reduction in natural gas supplies, higher pollution and the prospect […]

This post was originally published on this siteThe start of the year saw expected winter cold fronts arrive in Texas. Like clockwork from an increasingly coordinated campaign against natural gas, media breathlessly reported an estimated 1 billion cubic feet of gas was flared in the Permian Basin alone, resulting in a 25% reduction in natural

On November 23, 2021, as the price for West Texas Intermediate (WTI) crude oil hit $78.50 per barrel, U.S. President Joe Biden issued an order to the U.S. Department of Energy (DOE) to release 50 million barrels of oil from America’s Strategic Petroleum Reserve (SPR). Concerned about his declining public approval ratings and the impact […]