Chevron is speeding up its expansion of Kazakhstan's Tengiz oilfield, two sources familiar with the plans told Reuters, raising its output to around 1% of global crude supply.

Producing light crude, Bozhong 26-6 is expected to reach 22,300 barrels of oil equivalent a day in peak production this year.

The King exploration well is positioned close to BP's current facilities and subsea pipelines in the West Nile Delta project.

Halliburton (HAL), a Texas-based oilfield services company, Wednesday announced that it has secured a contract from Petrobras to ...

Midland County continues to experience drought, with 40.2% in moderate drought and nearly the entire county dry, according to the U.S. Drought Monitor.

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Chevron estimates 25.5 billion barrels of oil in place in Tengiz, which it says is the world’s deepest producing supergiant oilfield and the biggest single-trap producing reservoir. Last year a ...

To accommodate growth in Pacific Palisades, they built a reservoir in Santa Ynez Canyon, as well as a pumping station “to increase fire protection,” as the L.A. Department of Water and Power ...

But their discovery that day exceeded all expectations—a mammoth reservoir, second only to the one at Dholavira ... in the Rig Veda as an important tributary of the Saraswati. Map prepared by ...

Schlumberger (SLB) Company Description: Founded in 1926, Schlumberger NV is an oilfield services company, which provides technology for reservoir characterization, drilling, production and ...

Oil field services giant Schlumberger is "pursuing ... with slight growth in its production systems and reservoir performance segments to offset a decline in the well construction business ...