Remove 2020 Remove E&P Remove Exploration and Production
article thumbnail

African national oil companies (NOCs) partnering with independents to drive E&P

Oil & Gas 360º

Boosting production Major oil producers in Africa are striving to boost production and NOC-IOC collaboration is at the forefront. Algerias Sonatrach will increase hydrocarbon production by 2.5% Algerias Sonatrach will increase hydrocarbon production by 2.5%

E&P 130
article thumbnail

Upstream M&A reached $17 billion in Q1 2025, Enverus says

Oil & Gas 360º

“Upstream deal markets are heading into the most challenging conditions we have seen since the first half of 2020. The private equity sponsored E&P was able to garner such a large premium for its land because high consolidation over the last few years has left few attractive private companies for the public E&Ps to target.

Upstream 130
Insiders

Sign Up for our Newsletter

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

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. The private equity sponsored E&P was able to garner such a large premium for its land because high consolidation over the last few years has left few attractive private companies for the public E&Ps to target.

Upstream 162
article thumbnail

Ecopetrol eyes SierraCol purchase to boost output, reserves in Colombia

Oil & Gas 360º

in 2020 for about $825 million. With Colombias reserves of oil and natural gas falling, and President Gustavo Petro refusing to grant new exploration licenses, Ecopetrol is focused on contracts signed before the environmentalist leader took power in 2022. Carlyle Group is seeking to sell SierraCol Energy Ltd.,

article thumbnail

Elk Range Royalties closes $905 million acquisition of DJ Basin assets

Oil & Gas 360º

The high-quality operator footprint enhances production visibility and long-term value creation. The acquisition includes an attractive mix of current production, near-term activity through DUCs and long-term growth through undeveloped upside. billion in capital since its launch in 2020.

Royalty 130
article thumbnail

Exclusive-Energy trader Vitol eyes $3 billion sale of US shale producer, sources say

Oil & Gas 360º

(Investing) –NEW YORK – Global commodities trader Vitol is exploring a sale of its VTX Energy Partners business, in a deal that could value the U.S. shale oil and gas producer at as much as $3 billion, including debt, people familiar with the matter said. VTX is Vitols second U.S. billion.

Energy 130
article thumbnail

Why predictions of “peak oil” are always wrong: The mirage of “peak oil” in America

Oil & Gas 360º

(World Oil) – The media are reporting new predictions that oil production in America is in irreversible decline. The short answer: oil production is not just a matter of geology—it’s a moving target shaped by economics, politics, innovation and infrastructure. oil production would peak in the early 1970s.

Oil 130