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Pan Orient Drills Indonesian Exploration Well
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Comstock Delivers Strong Q1 2025 — Olajuwon Pickens #1 Steals the Spotlight
Comstock Resources entered 2025 with renewed momentum as it resumed completions and posted a solid financial and operational performance in the first quarter — but it was the…
Kolibri Preps to Drill Three Wells at SCOOP Prospect
Kolibri Global Energy Inc. provided an update on its operations located in the Company’s Tishomingo field in Oklahoma. Operations The Company has completed the location work for the…
APA Corp. Strikes Oil Offshore Suriname at Baja-1 Well; Dry Hole at Block 58
APA Corp. announced an oil discovery offshore Suriname at Baja-1 in Block 53 and provided an update on recent drilling operations at Dikkop-1 in Block 58. Baja-1 was…
APA Corp. Hits Pay at Krabdagu Exploration Well Offshore Suriname
APA Corp. announced flow test results from the Krabdagu exploration well (KBD-1) on Block 58 offshore Suriname. APA Suriname holds a 50% working interest in the block, with…
ExxonMobil, Murphy Come Up Empty at Cutthroat-1 Well Offshore Brazil
Murphy Oil Corp. and ExxonMobil announced that drilling has concluded at the Cutthroat-1 exploration well in block SEAL-M-428 in the Sergipe-Alagoas Basin offshore Brazil. While the presence of…
Asia News
Sinopec First Quarter 2021 Results
China Petroleum & Chemical Corp. reported its Q1 2021 results. Financial Highlights: In accordance with the IFRS, the Company's operating income for the first quarter was RMB 576.982…
CNOOC's Q1 Production Up 5% YOY at 137.7 MMBOE
CNOOC Limited announced its key operational statistics for the first quarter of 2021. The Company achieved a total net production of 137.7 MMBOE for the first quarter of…
CNOOC-Conoco JV Penglai Project Begins Production Offshore China
CNOOC Limited announced that Penglai 25-6 oilfield area 3 project has commenced production ahead of schedule. CNOOC Limited holds a 51% interest in Penglai 25-6 oilfield area 3…
Oil Prices Steady as Demand Increases in U.S., China
[Summary: Oil prices have balanced in response to an upswing of Chinese demand. Currently, brent crude is hovering around $48/barrel, up ~$4.00 in comparison to a price of…
U.S., China Forge New LNG Trade Deal
The agreement was announced by the U.S. Commerce Department late last week.