oil, exploration, discoveries

Is The Easy Oil Really Gone?

Discoveries continue to be made, but the industry’s track record is showing signs of weakness.

mexico, round one, second phase, oil, production, Gulf of Mexico

Mexico’s Offshore Auction Attracts Robust Bids

Three of five Gulf of Mexico blocks offered were awarded during the second phase of Mexico’s Round One.

supply, demand, oil, price, BP, Petronas, SPE, ATCE

SPE Panel: Focus On What You Can Control, Hope Is No Strategy

The supply-demand imbalance continues to add to commodity price instability, forcing companies to find more ways to maintain or grow production at a lower cost.

Shell, drilling, offshore, Arctic, Alaska, Burger, exploration

Shell Pulls The Plug On Arctic Exploration

Shell has spent about $7 billion on exploration in the waters off Alaska so far and said it could take a hit of up to $4.1 billion for pulling out of the Chukchi Sea for the "foreseeable future".

drilling, downhole, completions, plug, perf, slickwater, fracking, crude, oil

E&Ps Push Back Completions Despite Advancements

E&Ps in the Bakken, Eagle Ford and Permian have made strides in well completion efficiencies and costs. Though, even with increased recoveries, opening up production at low prices sits poorly with the industry.