ExxonMobil reports it has made a discovery at Longtail-3 in the Stabroek Block offshore Guyana. Drilling at Longtail-3 encountered 70 metres of net pay, including newly identified, high quality hydrocarbon bearing reservoirs below the original […]
Hess Corporation has announced it has completed the previously announced sale of its Little Knife and Murphy Creek acreage interests in the Bakken in North Dakota to Enerplus Corporation for a total consideration of USD […]
ExxonMobil has reported an oil discovery at the Uaru-2 well in the Stabroek Block offshore Guyana. Uaru-2 will add to the previously announced gross discovered recoverable resource estimate for the block, which is currently estimated […]
Hess Corporation has earned a place on the prestigious Dow Jones Sustainability Index (DJSI) North America for the eleventh consecutive year. The index, which recognises public companies for outstanding performance across economic, environmental and social […]
Hess Corporation – a global independent energy company engaged in the exploration and production of crude oil and natural gas – has announced that it has completed the previously announced sale of its 28% working […]
Hess Corporation – a global independent energy company engaged in the exploration and production of crude oil and natural gas – has announced that it has entered into an agreement to sell its 28% working […]
US oil producers have been expected for some time to have to shut down oil production as a result of the Covid-19 pandemic, but they were initially slow to move. Now that profitability and storage […]
Recent discoveries in the Guyana-Suriname basin have proven a wider petroleum system and may cause an upgrade in resource estimates, drawing extra attention to upcoming wells. Meanwhile global oil firms are preparing to spend more […]
The world’s oil and gas explorers powered ahead and discovered 12.2 billion barrels of oil equivalent (boe) in 2019, the highest volume since 2015, according to estimates from Rystad Energy. Last year recorded 26 discoveries […]
ExxonMobil reports it made an oil discovery offshore Guyana at the Mako-1 well southeast of the Liza field, marking the 15th discovery on the Stabroek Block. The discovery adds to the previously announced estimated recoverable […]
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