The majority of our capital will be invested at Beta with $30 million allocated to the development program and additional capital to further upgrade our drilling rigs. In 2024, we completed two ...

Open Letter to Ms Ursula Gertrud von der Leyen, President of European Commission. Madam President, 1. It is with deep ...

ASX-listed companies with US projects have welcomed an executive order from President Trump aimed at boosting domestic ...

Flowco participates in the production phase of the industry, which is much more stable than either the drilling phase or ... the number of active drilling rigs or frac spreads.

President Trump and Texas lawmakers are pushing to loosen the laws and liabilities governing the state’s oil and gas industry and give companies a freer hand to “drill, baby, drill,” drawing ...

Texas leads the United States in oil and gas production, including producing 43% of the nation’s crude oil and 27% of its natural gas in 2023. Yet its cornerstone industry could be straining the state ...

marking the final well in its four-slot drilling campaign in the West Nile Delta. Drilled using the Valaris DS-12 rig, El Fayoum-5 was spudded on February 14, 2025, and encountered four prospective ...

In its 460,000-net-acre Utica oil play in Ohio, it plans 30 net completions with one full-time frac spread and two rigs ... foot includes in-basin sand, water-sourcing infrastructure “and then just ...

Transocean Ltd.’s RIG semi-submersible drilling rig, Transocean Barents, is making its way to the Neptun Deep project for a 10-well drilling mission, marking a significant phase in Romania’s ...