Exploration & Production | Production | Drilling Program - Wells | Drilling Activity
Erin Hits 6,000 BOPD in Production; Preps to Drill Oyo-9 Development Well
Erin Energy has updated its drilling activity and production. Erin Energy currently produces approximately 6,000 barrels of oil per day (BOPD). Drilling operations for the Oyo-9 development well are planned to commence next month and be completed by year end.
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Contrary to The Noise, U.S. Oil Production will Likely Growth 4-5% In 2024; A look Inside
There are numerous reports speculating how much U.S. oil production will growth in 2024. Well we decided to take a look at the presentations, 4Q 2023 transcripts, press…
Ranger/Penn Virginia Provides Production Update
Ranger Oil Co formerly known as Penn Virgina announced an operational update. Preliminary Third Quarter 2021 Operational and Financial Update The operational and financial results below represent results…

EIA Lowers 2021 Oil Production Outlook; 2022 on Track to See Output Gains
The EIA has cut its oil output forecast for 2021, according to a recent report by Reuters. On Tuesday (5/11), the EIA added 20,000 barrels per day (BPD)…

Whitecap Resources Ups 2021 Production Outlook After NAL, TORC Deals
Whitecap Resources Inc. has updated its 2021 capital program, increasing its 2021 production guidance with no change to the capital program, resulting in increased free funds flow. Increased…

WTI Jumps as OPEC+ Signals It Will Not Boost Production
Oil prices rallied midday Thursday (3/4) on news that OPEC+ has likely decided against raising production in April, according to multiple reports. The cartel signaled that it will…
Africa News

Kosmos Energy Ltd. First Quarter 2023 Results
Kosmos Energy Ltd. announced first quarter 2023 results. Highlights Net Production(2): ~58,800 barrels of oil equivalent per day (boepd), with sales of ~61,100 boepd Revenues: $394 million, or…

Exxon, Partners to Further Invest in Offshore Angola Block; Increase Production
ExxonMobil and its partners plan to further invest in Block 15 offshore Angola to increase production as part of an agreement with Angola’s recently established National Agency for…

Eni Makes Fifth Oil Discovery at Offshore Angola Prospect; Up to 1.8 Billion BOE
Eni SPA has made the fifth oil discovery in one year in Block 15/06, in Angola’s deep offshore. The well has been drilled on the Agidigbo exploration prospect,…

Erin Energy's Oyo-9 Well to Double Production Upon Completion
Erin Energy has reported that the completion of current drilling operations (Oyo-9) will double production for the company. It also updated its plans for drilling one of its…

Tullow Hits Pay at Well in Northern Kenya; Up-Dip Appraisal to Follow
Tullow's Emekuya-1 well in Block 13T, Northern Kenya...