News

With a well reaching new depths and fundraising hitting new heights, Fervo Energy's enhanced geothermal system development is on a hot streak.
The well is the second appraisal of the 6507/5-10 S (Slagugle) oil discovery and the third exploration well in production ...
ConocoPhillips COP, a global exploration and production firm, has confirmed the Slagugle oil discovery in the Norwegian Sea. The company had drilled a second appraisal well, 6507/5-12 S, in production ...
The number of rigs drilling for crude oil fell by one rig to 438 rigs, the lowest since October 2021 and 47 rigs or 10% below ...
The Bureau of Land Management has affirmed previous decisions approving two North Fork Valley drilling projects that combined ...
US oil and gas drilling activity slipped by a single unit this week, leaving 554 rigs running. Canada gained a unit, ending the week with 139 total rigs working.
The number of total oil and gas drilling rigs in the U.S. lost 1 to 554, again reaching their lowest total since November 2021 and falling for the eighth straight week, Baker Hughes reported Friday in ...