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The oilfield service sector is poised for more consolidation in 2025, according to Deloitte's 2025 Oil and Gas Industry Outlook, with President-elect Donald Trump expected loosen regulations on ...
By Liz Hampton. HOUSTON (Reuters) - U.S. oilfield services firm Halliburton on Wednesday was hit by a cyberattack, according to a person familiar with the matter.
The Houston-based oilfield services giant, formerly known as Schlumberger, is the latest to make a major push into the fast-growing DLE sector, which has sucked in Exxon Mobil, Rio Tinto ...
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Significant discoveries included the Embrar oil field (1942), the TXL oil field (1944), the Dollarhide oil field (1945), and the Block 31 oil field (1945). [ 35 ] : 200–201, 230–231 [ 36 ] In 1966, the production of the Permian Basin measured 600 million barrels of oil, along with 2.3 trillion cubic ft of gas, which totaled $2 billion.
The committee also voted 15-5 to approve Chris Wright, the Energy Department pick and the CEO of oilfield services company Liberty Energy. The full Senate, which is controlled by Trump's ...
Yates Oil Field: United States, Texas: 1926 1926 1929 3.0 (2.0 billion recovered; 1.0 reserve remaining) [39] [40] Kuparuk oil field: United States, Alaska: 1969 6 Alpine, Alaska: United States, Alaska: 1994 2000 2005 0.4–1 0.05 East Texas Oil Field: United States, Texas: 1930 6 Spraberry Trend: United States, Texas: 1943 10 [41] Wilmington ...
The state of Louisiana issued its first offshore oil and gas lease in 1936, and the following year the Pure Oil Company discovered the first Louisiana offshore oil field, the Creole Field, 1.2 miles (1.9 km) from the shore of Cameron Parish, from a platform built on timber pilings in 10-to-15-foot-deep (3.0 to 4.6 m) water.