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In collaboration with the NOC, TotalEnergies has achieved a 20% increase in production at the Waha field; Repsol plans to drill nine new prospects in 2025; while Eni is planning four exploration wells in 2025. Unlocking new E&P markets A slate of discoveries in recent years have opened up new oil and gas plays across the continent.
(BOE Report) –NEW YORK (Reuters Breakingviews) Oil fields are just as quick to make fortunes as break them. A mere two years later, over-extraction drove the field into decline. With even remote fields like Alaskas North Slope sputtering and the cost to find and extract an additional barrel of oil rising, collapse loomed.
As part of turnaround plans, the supermajor eyes launching an impressive 27 new oil and gas projects over the next five years, the FT reported in an overview of the companys midterm strategy, noting, however, that even with these projects, BPs 2030 oil and gas production will be slightly lower than its 2019 productionper plans.
Vertice management said that the acquisition enhances Vertices’ ability “to support wireline service providers and E&P companies with innovative tools and integrated solutions, and broadens its presence across unconventional oil and gas markets.” Now Underdog has worked with them since 2019.” on April 15.
Leading producers include: EOG Resources SM Energy Magnolia Oil & Gas Lewis Energy Group Crescent Energy Kimmeridge Texas Gas (KTG) GeoSouthern Energy II New entrants like Black Mountain Oil & Gas , Rosewood Resources , and Mitsui E&P USA have also joined the play, according to Texas Railroad Commission (RRC) filings.
Leading producers include: EOG Resources SM Energy Magnolia Oil & Gas Lewis Energy Group Crescent Energy Kimmeridge Texas Gas (KTG) GeoSouthern Energy II New entrants like Black Mountain Oil & Gas , Rosewood Resources , and Mitsui E&P USA have also joined the play, according to Texas Railroad Commission (RRC) filings.
Gen AI is everywhereâexcept in company P&L About QuantumBlack, AI by McKinsey QuantumBlack, McKinseyâs AI arm, has been helping businesses create value from AI since 2009, expanding on McKinseyâs technology work over the past 30 years. The result: improved service levels, reduced logistics costs, and lower emissions.
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