The first well, the State 402H, reached a true vertical depth (TVD) of 4,373 feet with a lateral length (MD) of 5,286 feet. The second well, the State 403H, reached 4,362 feet TVD and 5,610 feet MD.

Oil produced in the Taranaki Basin typically receives a modest discount to Brent Crude (USD $77.39 as of June 20), while natural gas sells at a premium, with current prices ranging between USD $11 ...

Sirte Oil Company Chairman Mustafa Hammad hailed 2024–2025 as a “year of transformation and achievement,” announcing that ...

The Company is 49% owner of the SASB natural gas field, a Black Sea natural gas development and a 19.6% (except three wells with 9.8%) interest in the Cendere oil field.

Canada's oil and gas well drilling sector says it expects modest growth in 2024. A pumpjack draws out oil from a wellhead near Calgary on Saturday, Sept. 17, 2022.

The well completion market was valued at US$ 8,509. 96 million in 2021 and is projected to reach US$ 11,335. 47 million by 2028; it is expected to grow at a CAGR of 4. 2% from 2021 to 2028. Rise ...