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Upstream M&A hits the brakes, slowing to $14 billion

Enverus

Calgary, Alberta (July 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 2Q2025 upstream M&A activity and outlook for the rest of the year. energy producers, and more than 40,000 suppliers.

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Industry Bodies Look at Texas Upstream Employment in May

Rigzone

Image by Moussa81 via iStock New data from the Texas Workforce Commission indicate that upstream oil and gas employment climbed by 2,200 in May compared to April, and by 7,300 jobs through the first five months of 2025. percent increase and an average growth of 875 jobs per month. percent increase and an average growth of 875 jobs per month.

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Global upstream M&A plunges 34% in first half of 2025

Oil & Gas 360º

EnerCom Denver Legal Notice Market Data ©2020–2024 QuoteMedia. Name First Last Email Company Advertise on OAG360® Contact OAG360® EnerCom, Inc. EnerCom Denver Legal Notice Advertise on OAG360® Contact OAG360® EnerCom, Inc. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges).

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Oil Review Middle East - Untitled Article

Oil Review Middle East

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.

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What’s New: Mach Enters Permian, San Juan Basins With $1.3 Billion in Deals

Rextag

· Acreage: Approximately 570,000 net acres · First-quarter 2025 average production: ~ 60,000 BOE/D (6% liquids, 94% natural gas) · Asset Background: These properties originated from IKAV’s 2020 acquisition of Simcoe LLC , a natural gas asset in the San Juan Basin spanning Colorado and New Mexico.

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Texas Supreme Court rules produced water belongs to mineral lessee

Permian Basin Oil and Gas Magazine

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.

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Nigeria’s GEIL exports first crude from new onshore terminal

Oil & Gas 360º

A marginal field bidding round was launched in 2020 to entice indigenous operators to invest in marginal field opportunities, drawing in 591 companies seeking to develop 57 oilfields. The government has long-sought to revive crude production through the development of marginal fields.

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