Tag: drill

Ecopetrol, OXY to drill 34 wells in Permian below improvement plan extension

Ecopetrol S.A. introduced that its U.S. subsidiary, Ecopetrol Permian, has reached an settlement with Occidental Petroleum (OXY) to increase its improvement plan of Rodeo Midland Basin LLC below the joint-venture first established in...

INEOS renews offer to drill shale gas test well in the UK

INEOS is renewing its offer to the UK government and the new Prime Minister Liz Truss to drill a shale gas test well in the UK. ...

KBR to study using green ammonia to power generators on drill rig

KBR is launching a study to develop a carbon-neutral, green ammonia-based system to power a semi-submersible drilling unit owned by Odfjell. ...

Climate bill would force oil companies to pay more to drill on federal land

(Bloomberg) — The climate-and-tax bill passed by the Senate would force oil companies to pay more for drilling on federal land and block them from stockpiling leases at rock-bottom prices, changes that conservationists...

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