Tag: drilling

Shale drilling Ovintiv will increase 2024 oil and fuel manufacturing goal on surprising Permian success

(Bloomberg) – Shale driller Ovintiv Inc. elevated its 2024 manufacturing goal, the second oil and fuel firm to take action this 12 months. ...

Biden issues offshore drilling leases under climate mandate

(Bloomberg) — The Biden administration on Wednesday issued oil and natural gas leases to companies that nabbed the Gulf of Mexico drilling rights in a government auction later invalidated by a federal court. ...

Invictus plans to start Zimbabwe oil, gas drilling in early September

(Bloomberg) — Invictus Energy Ltd. plans to start drilling at its Cabora Bassa oil and gas prospect in northern Zimbabwe by early September.  ...

Neptune Energy starts drilling 9th production well at Germany’s Rӧmerberg field

Neptune Energy announced drilling has begun on a new production well at its operated Rӧmerberg oil field in the Rhine Valley, southwestern Germany. ...

Shale drilling climbs to levels not seen since early pandemic

Permian Basin facing new environmental rules that could curb drilling

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