The Latest

E&P Highlights: May 6, 2024

Here’s a roundup of the latest E&P headlines, including technology milestones and new contract awards.

TC Energy Preparing for Natural Gas Demand Surge

TC Energy executives expect data centers in Wisconsin and Virginia to drive as much as 8 Bcf/d of natural gas demand for power generation.

SLB, OneSubsea, Subsea 7 Sign Collaboration Deal with Equinor

Work is expected to begin immediately on Equinor’s Wisting and Bay Du Nord projects.

Decoding the Delaware: How E&Ps Are Unlocking the Future

The basin is deeper, gassier, more geologically complex and more remote than the Midland Basin to the east. But the Delaware is too sweet of a prize to pass up for many of the nation’s top oil and gas producers.

Spate of New Contracts Boosts TechnipFMC's Subsea Profits

TechnipFMC's operational profits are growing as the company heightened its focus on “quality” subsea orders, which earned $2.4 billion for the first quarter.

Message in a Bottle: Tracing Production from Zone to Wellhead

New tracers by RESMAN Energy Technology enable measurement while a well is still producing.

E&P Highlights: April 29, 2024

Here’s a roundup of the latest E&P headlines, including a new contract award and drilling technology.

No Silver Bullet: Chevron, Shell on Lower-carbon Risks, Collaboration

Helping to scale lower-carbon technologies, while meeting today’s energy needs and bringing profits, comes with risks. Policy and collaboration can help, Chevron and Shell executives say.

NextEra Energy Dials Up Solar as Power Demand Grows

NextEra’s renewable energy arm added about 2,765 megawatts to its backlog in first-quarter 2024, marking its second-best quarter for renewables — and the best for solar and storage origination.

Halliburton’s Low-key M&A Strategy Remains Unchanged

Halliburton CEO Jeff Miller says expected organic growth generates more shareholder value than following consolidation trends, such as chief rival SLB’s plans to buy ChampionX.