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(World Oil) – Chevron Corp. and TotalEnergies SE are competing in Libya’s first energy exploration tender since the 2011 conflict, the country’s state-run oil firm said, as the OPEC member looks to oil majors to help ramp up production to a record. Waha Oil Co., Eni SpA and Exxon Mobil Corp. million bpd.
Hart Energy reported recently that Fort Worth-based Blackbeard Operating is leading a horizontal drilling resurgence in Central Basin platform, “a legacy oilbasin that’s drawing industry attention once again.” Blackbeard has drilled more than 225 horizontal wells since 2021Q2.
and TotalEnergies SE are competing in Libya’s first energy exploration tender since the 2011 conflict, the country’s state-run oil firm said, as the OPEC member looks to oil majors to help ramp up production to a record. Authorities target daily oil output of 2 million barrels before 2030 — surpassing the 1.75
For the past 30 years, EnerCom Denver has been the largest independent investor conference for the global oil and gas and broadening energy industry that is open to all energy companies, investors, and professionals to participate. He joined the company in 2014 as VP of Technology and Development.
COG Operating announced June 27 resolves a contentious dispute between surface estate owners and mineral estate holders “with far reaching implications for the water midstream sector and upstream oil and gas industry.” COG said it owned the produced water and sued, the trial court agreed with COG, and the court of appeals affirmed.
Oil & Gas Account Directory Saskatchewan Light Oil Operator List Western Canada Heavy Oil Operator List St. regulator appeared first on Oil Gas Leads. regulator appeared first on Oil Gas Leads. regulator appeared first on Oil Gas Leads.
(Oil & Gas 360) – Publisher’s Note: Zephyr Energy will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown , August 17-20, 2025. basins; A US$100 million commitment from a major U.S. basins; A US$100 million commitment from a major U.S.-based Register to attend.
On top of that, upstream companies will now have to navigate significant headwinds from falling oil and equity values. Buyers on the other hand were already stretched by M&A valuations and cant afford to continue to pay recent prices now that oil prices are lower.
Perhaps all four are at work today in the wireline industry in the Permian Basin, but certainly the fourth factor—consolidation—is making itself felt. Pintail is headquartered in Midland and is a leading provider of wireline services in the Permian Basin. It’s been a momentous 2025 for the wireline niche. on April 15.
billion, Andrew Dittmar, principal analyst at Enverus Intelligence Research provided this commentary explaining the deal’s significance: “While corporate mergers are a staple of oil and gas operators, they have been rare in the more sedate minerals space. This deal materially increases its exposure to the Delaware Basin.
Oil prices have plunged to levels not seen in years, dragging down energy stocks and forcing a strategic reassessment across the U.S. To balance the market, oil prices may need to drop to a point where U.S. To balance the market, oil prices may need to drop to a point where U.S. Bottom Line: The oil market is on edge.
Targeting this area provided for a significantly less expensive acquisition cost for undeveloped locations than what could be found in the Permian while also getting a much less developed asset than what would be available at scale in areas like the Eagle Ford and Williston Basin. billion in 2018.
The Oil Industry of Nigeria If anyone asks Chevron or Shell, for example, how they feel about Nigeria, the response would probably be that they were tired of problems, at least if they were honest. History of oil in Nigeria Oil was first discovered in Nigeria in the mid-1950s after decades of fruitless exploration.
We are thrilled to announce thatJeff Loskorn, a senior reservoir engineer with our firm since 2014, has been named a Partner at Cawley, Gillespie & Associates. Jeff has extensive experience evaluating conventional and unconventional resources in every major basin in the United States, with a particular focus on the Permian Basin.
On top of that, upstream companies will now have to navigate significant headwinds from falling oil and equity values. Buyers on the other hand were already stretched by M&A valuations and cant afford to continue to pay recent prices now that oil prices are lower.
Bedrocks Low-Cost Operating Strategy Founded in 2017, Bedrock Energy Partners focuses on acquiring and enhancing mature oil and gas properties, particularly in the Barnett Shale and other established basins. This approach aligns with their commitment to being a low-cost operator in the competitive oil and gas industry.
The Journey BeginsCamaraderie and Fierce Loyalty in the Oil Patch In his eight years (1989-1997) with accounting giant Arthur Andersen his primary client was Halliburton. Thank God Youre Going to Get a Real Job Thats what Millers grandfather Jerry Cunningham said upon learning that his grandson was leaving accounting for the oil field.
In the vast expanse of Texas oil fields, a critical but often overlooked challenge lies beneath the surface: produced water management. For every barrel of oil extracted in the Permian Basin, one report estimates that operators typically generate between 4-10 barrels of produced water—resulting in an estimated 3.9
Delaware Basin Resources LLC , 08-20-00060-CV, the Court of Appeals for the Eighth District of Texas (El Paso) recently held oral argument on the proper construction of the word “and” used in a Delaware Basinoil and gas lease. In Tier 1 Resources Partners et al. described as follows: Section 6. and Section 2.”
On May 19th, 2014, NIOSH posted a Science blog titled Reports of Worker Fatalities during Flowback Operations. The four workers were employed in the Williston Basin of North Dakota and Montana. The four workers were employed in the Williston Basin of North Dakota and Montana. Since the
anindependent liquids terminal and pipeline operator with approximately 9,500 miles of pipeline and 63 terminal and storage facilities that store and distribute crude oil, refined products, renewable fuels, ammonia and specialty liquids. In a deal valued at $7.3 Bcf/d, and two additional processing plants that are under construction.
Delaware Basin Resources LLC , 08-20-00060-CV, the Court of Appeals for the Eighth District of Texas (El Paso) recently held oral argument on the proper construction of the word “and” used in a Delaware Basinoil and gas lease. In Tier 1 Resources Partners et al. described as follows: Section 6. and Section 2.”
10 âCO 2 storage projects in Europe,â International Association of Oil and Gas Producers, March 2024. This mature technology has a long operational history in the oil and gas industry and is the most commonly used option for short to medium distances. In addition, most of Europeâs depleted oil and gas fields are located at sea.
oil producers are grappling with geological limits to production growth as the countrys top oilfield ages and produces more water and gas and less oil and may be nearing peak output. The Permian basin was the centerpiece of the shale revolution that began nearly two decades ago and spurred the U.S. (BOE Report) – U.S.
The company, which announced a fundraising in March , said that it has submitted a proposal to undertake contractor obligations on a relinquished block from Iraq's 4th Bid Round , and has also prepared an updated development plan for the Merjan oil field. Oil explorers are not yet attracting strong investor interest in western markets.
Kentucky enacted an effective statewide ban on new wind construction in 2014. The post Towns and States Dont Want Green Energy appeared first on Permian BasinOil and Gas Magazine. The opposition to wind and solar has been growing for more than a decade and recently accelerating.
March 31, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. Oil inches up as investors await Trump’s actions on Russian oil, Iran Summary : Oil prices edged up on Monday, with Brent crude rising 0.59% to $73.19 Read more Peak Permian?
February 17, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. Double Eagle controls over 95,000 net acres in the Midland Basin portion of the Permian Basin, making it one of the largest private equity holdings in the region. Despite the cuts, U.S.
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