Remove 2020 Remove BBL Remove Exploration and Production
article thumbnail

Enverus EVOLVE: Creating the future of energy with AI, intelligence and innovation

Enverus

The company’s flagship customer conference brought together more than 700 leaders, innovators and decision-makers from across the energy value chain to explore the future of energy through the lens of generative artificial intelligence, market transformation and operational excellence. energy producers and more than 40,000 suppliers.

Energy 130
article thumbnail

ConocoPhillips announces oil find at Slagugle discovery in Norwegian Sea

Oilfield Technology

The Slagugle oil discovery was initially proven in 2020, with preliminary estimates suggesting resources in the range of 30.8 - 61.6 million bbl of oil equivalent in Triassic reservoir rocks. The Slagugle oil discovery was initially proven in 2020, with preliminary estimates suggesting resources in the range of 30.8 - 61.6

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Saturn Oil & Gas Inc. provides Q1/25 capital program update and accelerates debt repayment with US$15 million senior note repurchase and cancellation

Oil & Gas 360º

Im proud to showcase Saturns ongoing operational efficiency with an average 20% well outperformance while our spending remains on budget, providing valuable flexibility in a tumultuous market, and positioning us to reallocate capital as may be needed without impacting our production guidance, said John Jeffrey, Chief Executive Officer of Saturn.

Gas 100
article thumbnail

Upstream M&A sails to $17 billion in 1Q25

Enverus

Upstream deal markets are heading into the most challenging conditions we have seen since the first half of 2020. That year oil still averaged a relatively strong $78/bbl though, different from a move towards the lower end of its cyclical trading range that 2025 is witnessing.

Upstream 162
article thumbnail

Austin Chalk Makes a Comeback: EOG, SM, Magnolia Lead South Texas' Next Gas Boom

Rextag

Energy Information Administration (EIA), gas production in the Eagle Ford region is expected to rise from 6.8 Since 2020, Austin Chalk gas output has nearly tripled to 1.8 Bcf/d, while oil output from the formation has increased by 26,000 barrels per day ( bbl /d). Since 2020, Austin Chalk gas output has nearly tripled to 1.8

Gas 52
article thumbnail

Austin Chalk Makes a Comeback: EOG, SM, Magnolia Lead South Texas' Next Gas Boom

Rextag

Energy Information Administration (EIA), gas production in the Eagle Ford region is expected to rise from 6.8 Since 2020, Austin Chalk gas output has nearly tripled to 1.8 Bcf/d, while oil output from the formation has increased by 26,000 barrels per day ( bbl /d). Since 2020, Austin Chalk gas output has nearly tripled to 1.8

Gas 40
article thumbnail

Upstream M&A sails to $17 billion in 1Q25

Permian Basin Oil and Gas Magazine

Andrew Dittmar, principal analyst at EIR, said that upstream deal markets are heading into the most challenging conditions his firm has seen since the first half of 2020. That year oil still averaged a relatively strong $78/bbl though, different from a move towards the lower end of its cyclical trading range that 2025 is witnessing.