Saturday, June 13, 2026
stena carron exxon mobil drillship offshore guyana rig -oilandgas360

Offshore: Guyana Opportunity Could Be Transformative

Exxon increases Stabroek discovered recoverable resource estimate to 4 billion BOE; sees 750 MBOEPD from it by 2025 ExxonMobil (ticker: XOM) and Hess Corporation (ticker: HES) announced today in separate news releases a significant increase in the estimate of the discovered recoverable resources for the 6.6-million-acre Stabroek Block located offshore of Guyana. The estimate of 4 BBOE is a 25% increase

Texas Jury Nails Frac Company with $101 Million Verdict

From FreightWaves A jury verdict in a Texas court last week against an oil service company may have set the record for the largest civil penalty ever handed down in an accident involving a truck. The $101 million verdict exceeds by about $10 million a penalty assessed against Werner Enterprises earlier this year.  At the time of the Werner decision, that was

Jagged Peak Energy to Present at The Oil and Gas Conference

Jagged Peak Energy, Inc. (NYSE: JAG) Company Overview Jagged Peak is an independent pure play oil and natural gas company focused on the acquisition and development of unconventional oil and associated liquids-rich natural gas reserves in the Southern Delaware Basin. Q1 2018 production growth YOY: 182% ~10% improvement in average footage drilled per day from 2017 Owns and operates its