RIG expects first-quarter operating & maintenance expenses to be in the band of $610-$630 million. General & administrative expenses are anticipated to be in the $50-$55 million range. While the ...

As of 1:15:04 PM EST. Market Open.

Rhino Resources has completed the drilling of the Sagittarius 1-X well at PEL85 license in Orange Basin, offshore Namibia, encountering a hydrocarbon-bearing reservoir.The Sagittarius 1-X well was ...

CNOOC Ltd has announced that Luda 5-2 North Oilfield Phase II Development Project has commenced production. Earlier this month, BGX acquired a 10% working interest in the well and an option to ...