Drilling & Completion
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Oil prices edge lower just off 10-month high
Sept. 11, 2023
Oil prices edged lower on Monday after fresh Saudi and Russian crude output cuts had spurred prices upwards last week.
Photo 42833780 © Vlad Georgescu | Dreamstime.com
North Sea & Europe
UK chamber ratifies oil and gas windfall tax
July 15, 2022
UK government imposes extra levy on oil and gas profits
May 27, 2022
US & Gulf of Mexico
EIA report: US crude oil production decreased in August
Oct. 31, 2021
Photo 120426320 © Artem Egorov | Dreamstime.com
US crude oil price tops $80/bbl, the highest since 2014
Oct. 8, 2021
Upstream investors need further incentives, consultant claims
Oct. 8, 2021
Analyst urges operators to remain pragmatic
April 19, 2021
Rig contracting activity tracks lower for third straight month
Dec. 21, 2020
Report: Deepwater one of the cheapest sources of new supply
Oct. 23, 2020
(All charts courtesy Maritime Strategies International)
More rig retirements needed for sustained day rate recovery
Sept. 1, 2020
Rig contracting activity slumps again in August, says Evercore ISI
Aug. 17, 2020
Oil price outlook strengthens through next year, says IHS Markit
Aug. 6, 2020
Courtesy Noble Corp.
Noble Corp. announces comprehensive financial restructuring
July 31, 2020
Latest Offshore Rig Market snapshot paints bleak picture
July 6, 2020
Evercore ISI's latest report describes a still-reeling market.
(Courtesy Baker Hughes)
Gulf of Mexico E&P faces challenges in changing marketplace
July 1, 2020
Operators are adjusting their budgets and strategies in response to the 2020 oil price crash.
(Courtesy Wood Mackenzie)
Upstream spending takes tumble globally
June 25, 2020
The oil price slide reduced the valuation of the global upstream oil and gas industry by $1.6 trillion, according to Wood Mackenzie.
US government grants 12 royalty cuts for offshore drillers
June 12, 2020
The Trump administration has approved 12 applications for reductions in royalty payments.
New report identifies five key changes in Gulf of Mexico E&P
June 8, 2020
A new analysis on Gulf of Mexico E&P activities offered by Wood Mackenzie foresees a difficult year ahead in 2020 but with possible recovery taking place next year.
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