U.S. oil producers are grappling with geological limits to production growth as the country's top oilfield ages and produces ...

Brazilian independent Prio has started drilling a first development well at the Wahoo pre-salt field in the country’s Campos ...

Azerbaijan is said to be birthplace of the oil industry as the first ever industrially drilled oil wells were dug in Azerbaijan in 1846, marking the start of a transformative era in energy.

This discovery confirms the Company’s ongoing evaluation of this zone (“Heavy Oil Zone”), which occurs repeatedly over the Company’s 53,000-acre (~83 square miles) Worsley land base as a potential ...

More than three-quarters of U.S. oil wells, collectively, make just 6% of the country's oil. They're called marginal wells because of how small their output is. But they're a big deal.

with 107 of the 170 oil wells needed for first oil successfully drilled and ready for production. According to the report, several kilometres of the Tilenga feeder pipelines have been buried ...

In the recently completed 7-30 well ... drilling program has validated what we've long understood about the multi-zone potential of our Worsley property," said Ed Bereznicki, President & CEO of ...