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by Andreas Exarheas | Rigzone Staff | Monday, June 30, 2025 | 6:54 AM EST Wood Mackenzie reveals who was crowned the 'most admired upstream explorer' in the company's latest Annual Exploration Summit Survey. Congratulations to John Ardill and the entire exploration team,” he continued.
Upstream natural gas spending is set to maintain the levels seen in 2024. Together, upstream oil and gas investment for 2025 is forecast at less than US$570bn, a decline of around 4%. Saudi Arabia’s upstream oil and gas investment is the highest in the Middle East, and is set to reach US$40bn in 2025, nearly 15% higher than in 2015.
The IOGP describes itself on its website as the global voice of its industry, “pioneering excellence in safe, efficient, and sustainable energy supply” “Our members, integrated energy companies, national oil companies, independent upstream operators, service companies, and industry associations operate around the globe, supplying (..)
Data showed that provincial emissions from venting and flaring at upstream oil facilities fell by 71 percent compared to 2015 levels, and by 13 percent compared to 2023 levels, according to a separate statement. million metric tons of carbon dioxide equivalent since 2015, equivalent to taking 1.7
US independent Occidental (Oxy) has a sizeable portfolio of upstream assets in Oman, but it has struggled to offset declines from aging legacy fields. Net crude output dipped to 56,000 b/d last year, well below its 2015 record of 82,000 b/d, while gas production of 63mn cfd was less than half of 2018’s record 139mn cfd.
Calgary, Alberta (April 23, 2025) Enverus Intelligence Research (EIR), a subsidiary of Enverus, the most trusted energy-dedicated SaaS company that leverages generative AI across its solutions, is releasing its summary of 1Q2025 upstream M&A activity and outlook for the rest of the year. energy producers, and more than 40,000 suppliers.
In a major reset back to oil and gas, BP said in February that it would increase its investment in upstream oil and gas to $10 billion per year while slashing spending on clean energy by more than $5 billion a year. Now is the right time to start the process to find my successor and enable an orderly and seamless handover.
Enverus Intelligence Research (EIR), a subsidiary of Enverus, an energy-dedicated SaaS company, released on April 23 its summary of 1Q2025 upstream M&A activity and outlook for the rest of the year. On top of that, upstream companies will now have to navigate significant headwinds from falling oil and equity values.
Kachina counterclaimed, arguing that Lillis breached the Agreement by failing to notify it of Davis’ third-party offer, as well as a declaratory judgment allowing it to both: 1) take compression deductions under the Agreement; and 2) exercise a renewal of Agreement until May 2015. Both parties filed motions for summary judgment.
For an example discussion, see UK Office for National Statistics, âUK Trade in Goods estimates and the âRotterdam Effect,ââ 2015. in, 2015, then fluctuation between 0.1 For example, the Netherlands is often recorded as an exporter of goods that are in fact just transiting through the port at Rotterdam. End of image description.
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