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Bahrain Due to Start Drilling Wells in Offshore Shale Oil Field in Late 2022

2021-04-08 14:59:01| OGI

The Khaleej al-Bahrain field is estimated to contain at least 80 billion barrels of tight (shale) oil.

Tags: start due field late

 

Iraq Approves Deal to Award Schlumberger $480 Million Deal to Drill Oil Wells

2021-03-24 15:05:40| OGI

The Iraqi cabinet on March 23 approved a deal to award U.S. company Schlumberger Ltd. a $480 million deal to drill 96 oil wells in the south, according to a statement.

Tags: million deal oil award

 
 

Wells Fargo Targets Net-zero Emissions for Financing Activities by 2050

2021-03-09 10:10:00| OGI

As part of its net-zero pledge, Wells Fargo said it also plans to deploy $500 billion in sustainable financing by 2030, working with clients to support a low-carbon transition.

Tags: activities financing targets wells

 

Study: US, Canada Underestimating Climate Risk from Abandoned Oil, Gas Wells

2021-01-20 21:47:31| OGI

Canada has underestimated methane emissions from its abandoned wells by as much as 150%, while official U.S. estimates are about 20% below actual levels, according to the study published in Environmental Science and Technology.

Tags: canada study risk gas

 

Eyeing Exploration, Analysts Spotlight Wells to Watch

2021-01-11 20:12:16| OGI

Though oil and gas companies plans are still developing, the Americas are expected to dominate high-impact exploration activity.

Tags: watch wells spotlight exploration

 

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