Survey

Citing the fact that no oil and gas lease sales are planned through at least 2022, the Obama administration on Friday denied six pending applications that sought to conduct airgun seismic surveys in the Mid- and South Atlantic Planning Areas of the Atlantic Ocean.

Halliburton Co. is ready to hire more than 200 people in the Permian Basin for “all of its product service lines and support functions,” a spokeswoman confirmed Friday, further evidence that the oil and natural gas industry is gearing up for better days following a two-year slump.

Energy investors overwhelmingly think U.S. oil prices will remain in the $50-60/bbl range in 2017, with only 13% forecasting near-time prices of $40-50, according to a quarterly survey by Sanford C. Bernstein & Co. LLC.

Oklahoma toppled Texas from the No. 1 spot as the most attractive jurisdiction in the world for oil and natural gas investment, a global survey of energy executives by the Fraser Institute found. Meanwhile, Alberta, long the heart of Canada’s energy industry, has lost its allure.

Two West Virginia landowners have succeeded in their fight to stop Mountain Valley Pipeline (MVP) developers from surveying their property without permission after the state Supreme Court ruled in their favor on Tuesday.

Fall redetermination season for U.S. exploration and production (E&P) companies is about to begin, with lenders more optimistic about borrowing levels, while exploration and production (E&P) companies appearing to accept that low commodity prices may be sustained.

Rystad Energy is forecasting horizontal oil completion activity in the U.S. onshore will outpace drilling operations by 30% in the second half of 2016, resulting in a sharp contraction in the drilled but uncompleted (DUC) inventory by 800 wells.

Privately backed financial firms have close to $1 trillion ready to deploy into the global oil and natural gas sector, with one-quarter now planning acquisitions by year’s end that mostly target North America and the Asia-Pacific, a survey by Ernst & Young has found.

Unmanned robots, aerial drones and 3-D printing technologies could more efficiently secure global oil and gas supplies, a survey of energy professionals by Lloyd’s Register (LR) has found.