Oil and Gas Workforce Declines
Oil and Gas Workforce Shrinks The number of employees in the oil and gas extraction industry has dropped by thousands since the start of the year, data on the U.S. Bureau of Labor Statistics (BLS) website shows. According to the data, which was accessed by Rigzone, the number of employees in the sector has declined […]
Equinor Uncovers New Oil and Gas Find Near Troll Field
Equinor Makes New Oil and Gas Discovery Near Troll Field Equinor ASA and its partners have struck an oil and gas discovery nine kilometers (5.59 miles) north of the Troll field on Norway’s side of the North Sea. Well 35/11-31 S, the 24th exploration well drilled in production license 090, is estimated to hold recoverable […]
DOI Announces Nearly 40 Oil and Gas Auctions in the US Gulf and Cook Inlet Through 2040
DOI Sets Nearly 40 Oil and Gas Auctions in US Gulf, Cook Inlet through 2040 The United States Department of the Interior (DOI) on Tuesday released a 2025-40 schedule for oil and gas area auctions consisting of at least 30 bidding rounds for the Gulf of America and at least six for Alaska’s Cook Inlet. “The […]
Aramco’s Oil and Gas Production in Q2: Key Figures Revealed
How Much Oil and Gas Did Aramco Produce in 2Q? Saudi Aramco has revealed its latest production figures in its second quarter and half year results statement, which was posted on the company’s website on Tuesday. According to the statement, Aramco’s total hydrocarbon production came in at 12.780 million barrels of oil equivalent per day […]
Texas Oil and Gas Regulator Advances Digital Transformation Efforts
Texas Oil, Gas Regulator Continues Digitization Drive In a statement posted on its website recently, the Railroad Commission of Texas (RRC) revealed that its records digitization drive is “fast approaching 100 million files”. “The Railroad Commission of Texas continues to make great strides in digitizing oil and gas records as the agency improves both transparency […]
Dallas Fed Energy Survey Reports Increased Activity in Oil and Gas Sector for Q1
Dallas Fed Energy Survey Shows Oil, Gas Sector Activity Increase in 1Q Activity in the oil and gas sector increased slightly in the first quarter of 2025, according to oil and gas executives responding to the Dallas Fed Energy Survey. That’s what the Federal Reserve Bank of Dallas stated last week on a Dallas Fed […]
GlobalData Reports Decline in Contract Volume for Oil and Gas Sector
Oil, Gas Sector Sees Dip in Contract Volume, GlobalData Reveals The global oil and gas industry experienced a 15 percent quarter on quarter decrease in total contracts, GlobalData noted in a release sent to Rigzone recently. The company outlined in the release that this figure dropped from 1,596 in the third quarter of last year […]
Dallas Fed Energy Survey Reports Rise in Oil and Gas Sector Activity for Fourth Quarter
Dallas Fed Energy Survey Shows Oil, Gas Sector Activity Increase in 4Q Activity in the oil and gas sector increased slightly in fourth quarter 2024, according to oil and gas executives responding to the Dallas Fed Energy Survey. That’s what the Federal Reserve Bank of Dallas stated late last week on a Dallas Fed Energy […]
Completion of Shenandoah S2-4H Horizontal Well Drilling
Shenandoah S2-4H Horizontal Well Drilling Complete Australia-focused exploration and development company Falcon Oil & Gas Ltd. said that drilling for the Shenandoah S2-4H (SS4H) horizontal well has been completed. The company said in a media release that the well was cased and cemented to a measured depth of 6,452 meters (21,169 feet). The SS4H well […]
GlobalData Reports Decline in Global Oil and Gas Contract Activity
Global Oil, Gas Contract Activity Sees Decrease, GlobalData Says Global oil and gas contract activity saw a 35 percent quarter on quarter decrease in total disclosed value, from $55.3 billion in the second quarter to $35.7 billion in the third quarter. That’s what GlobalData stated in a release sent to Rigzone recently, adding that, “despite […]