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News

US Energy Corp. said it may take an increased working interest for up to four additional wells Dimmit County, Tex., after announcing positive results at it Beeler Ranch No. 1H in neighboring Zavala County.

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A well testing deep gas potential in the Ravenspurn area of the southern UK North Sea has been plugged, reports Premier Oil.

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Karoon Gas Australia Ltd., Melbourne, has sealed a deal to bring Tullow Oil PLC, London, into its exploration venture offshore Peru.

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he US House Natural Resources Committee approved a measure that aims to streamline offshore oil and gas producers’ applications for incidental harassment authorizations not directly related to exploration and production. H.R. 3133 passed by voice vote on Jan. 10 after two amendments proposed by Democrats on the committee were defeated.

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Exploration added a record-low 7 billion boe in 2017, not seen since the 1940s, said Mlada Passos, senior analyst at Rystad Energy.

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