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Oil majors compete for Libya’s first exploration tender since 2011 war

Oil & Gas 360º

Libya last held a bidding round in 2007, four years before the NATO-backed uprising in which Qaddafi was killed. The development of its north Jalo field alone would add 100,000 barrels. Authorities target daily oil output of 2 million barrels before 2030 — surpassing the 1.75 Libya currently pumps about 1.4 million bpd. Waha Oil Co.,

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Equinor Hits New Discovery in Johan Castberg

Rigzone

Image by Tatyana Ponomareva via iStock Equinor ASA on Monday announced another discovery in the recently started-up Johan Castberg field on Norway’s side of the Barents Sea. “The licensees will consider tie-in of the discovery to the Johan Castberg field”, said Equinor, which operates Johan Castberg with a 46.3

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Whitecap and Veren Finalize $10.4B Merger, Create Top-7 Canadian Oil & Gas Producer

Rextag

paid C$12,016 per hectare for land in the Fort Kent field, the highest price for oil sands land since 2007. Fort Kent and Elmworth Draw Top Prices Select areas continue to see premium pricing. In March, Synergy Land Services Ltd. In a standout September deal, Millennium Land Ltd.

Gas 52
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Equinor, Shell Unveil Name of UK North Sea JV

Rigzone

operated Buzzard field, which started production 2007; an operating stake of 65.11percent in Mariner, online since 2019; and an 80 percent operating stake in Rosebank, expected to come onstream 2026. Adura will include Equinor’s 29.89 percent stake in the CNOOC Ltd.-operated Shell will contribute its 27.97

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Chevron, Total Vying in Libya's First Oil Tender Since 2011 War

Rigzone

Libya last held a bidding round in 2007, four years before the NATO-backed uprising in which Qaddafi was killed. The development of its north Jalo field alone would add 100,000 barrels. Authorities target daily oil output of 2 million barrels before 2030 — surpassing the 1.75 Libya currently pumps about 1.4 Waha Oil Co.,

Oil 83
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Texas Supreme Court Upholds Railroad Commission’s Regulation of Commingled Oil and/or Gas Drilling and Production

The Energy Law

03-0364, 2007 WL 1299163 (Tex. May 4, 2007), the Texas Supreme Court affirmed a decision by the Austin Court of Appeals upholding the Railroad Commission of Texas’ authority to regulate both drilling and production of commingled oil and/or gas deposits and to treat commingled deposits as one reservoir. Railroad Comm’n, No.

E&P 40
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Top Hand 2024: Honoring Our Own

Permian Basin Oil and Gas Magazine

A Top Hand has not only achieved success in his chosen field, but exhibits the finest qualities of leadership, stewardship, and community involvement. Further, the award is given to an individual who exemplifies the best in all the characteristics displayed by leaders in the Permian Basin.