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There, an oil company will set up a specially designed rig to drill the basin’s first-ever deep wells, which the landowners hope could lead to the discovery of the state’s next big oil field.
Now, President Donald Trump seeks to expand oil drilling even in protected areas. "Easy approvals, almost immediate start!" Trump wrote weeks ago on social media. White House gives update on fight ...
In an in-depth and absorbing conversation, Oil&Gas Middle East posed some weighty questions to Youssef Salem, ADNOC Drilling’s Chief Financial Officer, to help explore how the company is pushing the ...
By Lisa Friedman The Trump administration has opened thousands of acres of land in Nevada and New Mexico to oil and gas drilling, geothermal development and hard-rock mining, reversing protections ...
Prehistoric forces laid the foundation for Texas to become the oil-drilling hotspot of the US, but it was a series of pivotal developments in the early 20th century that truly set the stage for ...
According to the most recent Dallas Fed Energy Survey, oil producers require an average price of $65 a barrel to profitably drill a new oil well, with nearly 60% requiring prices to be higher.
Midland College appears to be very close to inking a deal that will see oil and gas drilling operations on campus. Addressing a question about drilling Sunday at a bond information session ...
The oilfield, around 170 km (106 miles) off the coast of Shenzhen in south China’s Guangdong Province, sits at an average water depth of 100 metres, the report said, adding that test drilling has ...
Meanwhile, US refineries import oil from Canada and Mexico, while producers rely on imported metals for drilling operations. Despite pumping record amounts of oil during the Biden administration ...
ODESSA, Texas — As President Donald Trump enters the first 100 days of his second term, he is once again making his stance on the oil and gas industry clear: “Drill, baby, drill.” ...