RSS
Drilling & Exploration
Drilling & Exploration News
ExxonMobil: Guyana recoverable resources is more than 8B oil-equivalent barrels
ExxonMobil has increased its estimated recoverable resource base in Guyana to more than 8 billion oil equivalent barrels and made a further oil discovery northeast of the producing Liza field at the Uaru exploration well. Read more
Jan 27, 2020
U.S. crude oil production efficiency continues year-over-year improvements
U.S. oil production from tight formations increased in 2019, accounting for 64% of total U.S. crude oil production. This share grew because of the increasing productivity of new wells that were brought online during 2019. Read more
Jan 24, 2020
Maersk Drilling selected by Total to drill at world record water depth in Angola-Namibia campaign
Based on the Conditional Letter of Award previously announced in connection with Maersk Drilling’s Q3 2019 Trading Statement, Maersk Drilling has been awarded contracts for a three-well exploration drilling project. Read more
Jan 15, 2020
