Prior to 2021, Apache’s majority-owned midstream company, Altus Midstream, invested more than $850 million in two new natural gas pipelines. Apache parent company APA said this capacity investment was significantly reducing flaring throughout the Permian Basin, which helped lead to the company reaching its zero-flaring goal.

Aethon Energy will deploy a system that combines Halliburton’s all-electric fracturing spread with VoltaGrid's power generation system in the Haynesville Shale. Halliburton said in a statement that the system will provide "real-time emissions tracking."

The contract value for the COSLPromoter semisubmersible is calculated at around $56 million for the fixed part of the contract, which has an estimated duration of 220 days. The value includes drilling and completion services, fuel, treatment of wastewater, handling of cuttings and upgrading of the rig by installing an automatic drilling control system.

The gross discovered recoverable resource estimate for the block is now approximately 10 billion BOE, up from the previous estimate of more than 9 billion BOE. The Cataback well encountered 243 ft (74 m) of net pay in high quality hydrocarbon bearing sandstone reservoirs of which 102 ft (31 m) is oil bearing.

XTO Energy, a subsidiary of ExxonMobil, contracted the PACE-R801 rig to drill three horizontal wells on a test pad in Midland County, Texas, as part of its own research and development efforts. This first well was drilled to a total measured depth of 19,917 ft.

The extension for the VALARIS JU-36 jackup is in direct continuation of the existing contract and, as a result, the rig will be under contract through March 2022. ARO Drilling’s contract with Aramco has been extended for the same period.

Neptune Energy has commenced drilling on the Dugong Tail exploration well in the Norwegian sector of the North Sea.The Dugong Tail is being drilled by the Deepsea Yantai semisubmersible rig, owned by CIMC and operated by Odfjell Drilling. The well is located within the Neptune

The merger of Baker Hughes’ Subsea Drilling Systems business and Akastor’s wholly owned subsidiary MHWirth has been completed to form a global offshore drilling equipment company. The new company will be known as HMH. As previously announced, Baker Hughes and Akastor own equal equity in the company. HMH combines integrated delivery

Lease Sale 257 will be the eighth offshore sale under the 2017-2022 Outer Continental Shelf (OCS) Oil and Gas Leasing Program. Lease Sale 257 will include approximately 15,135 unleased blocks located from 3 to 231 miles offshore in the Gulf of Mexico with water depths ranging from 9 to more than 11,115 ft (3 to 3,400 m).

Keskesi South-1, drilled approximately 6.2 km from the discovery well Keskesi East-1, encountered non-commercial quantities of hydrocarbons. The Maersk Developer semisubmersible, which drilled the well, has moved to the Sapakara South-1 well, where it will conduct a flow test.