Exploration Archives

The Biden administration finalized a plan to prevent oil development across the US government’s mammoth petroleum reserve in Alaska

Biden Limits Oil Drilling Across Alaska’s Petroleum Reserve

Story By Jennifer A. Dlouhy | Bloomberg | via RigZone.com | The Biden administration on Friday finalized a plan to prevent oil...

Laboratory results for a helium reservoir discovered in Minnesota suggest concentrations are the highest the industry has ever seen.

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Helium find in Minn. was 1.1 billion years in the making

Story By Sascha Pare | LiveScience.com | Laboratory results for a helium reservoir discovered in northern Minnesota suggest concentrations of the sought-after...

Despite a nearly 25% decline in the rig count last year, US crude oil production continued to rise, averaging 13.3 million barrels per day.

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EIA: New oil wells are more productive as rig count declines

Story By Mella McEwen |Midland Reporter Telegram| Despite a nearly 25% decline in the rig count last year, US crude oil production...

Oil production in the prodigious Permian shale basin in Texas and New Mexico this year will see the slowest annual growth since 2021.

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U.S. Permian deal frenzy dims U.S. oil output growth prospects for 2024

Story By Stephanie Kelly | REUTERS | Oil production in the prodigious Permian shale basin in Texas and New Mexico this year...

Chevron said it is evaluating options for around 70,000 net acres of land in East Texas' Haynesville shale formation

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Chevron reviewing options for East Texas assets after shale acquisitions

Story By Sabrina Valle, Shariq Khan and David French|Reuters| Chevron Corp (CVX.N) said it is evaluating options for around 70,000 net acres of land in East Texas’ Haynesville...

Oil industry legend Harold Hamm is looking ahead to the next potential breakthrough in US shale crude production, ongoing in Oklahoma.

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Legendary oil mogul Harold Hamm eyes the next stage in the US shale oil boom: ‘Generation 3’ rock

Story Credit, David Wethe at Bloomberg, as reported on Business Insider.com | Shale industry legend Harold Hamm is looking ahead to the...

Britain on Wednesday gave the go-ahead for a major oil and gas project in the North Sea, ignoring warnings from scientists about fossil fuels

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Britain approves new North Sea oil drilling in welcome news for the industry but not activists

LONDON (AP) — Britain on Wednesday gave the go-ahead for a major oil and gas project in the North Sea, ignoring warnings...

Continental Resources strikes black gold in Carter County, Oklahoma, with five new wells producing nearly 2,700 barrels of oil per day.

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Continental Hits Oil Gusher in Carter County

Continental Resources struck black gold once again in Carter County, with the completion of five new wells that are producing nearly 2,700...

TotalEnergies was named the upstream industry’s most admired explorer.

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Wood Mackenzie Reveals Upstream Industry’s Most Admired Explorer

Story By Andreas Exarheas |RigZone| Wood Mackenzie has announced that TotalEnergies was named the upstream industry’s most admired explorer, and received the...

Trion oil field is planned to be developed with a floating production unit

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Woodside Gives Go-Ahead to Develop $7.2B Trion Oilfield Project

[RigZone.com] Woodside Energy Group Ltd. has given the go signal to develop the Trion oil field in Mexico, projecting to spend $7.2...

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