article thumbnail

Irán, el efecto Hormuz y Pemex

Oil & Gas Magazine

No obstante, parte de ese ingreso podría destinarse a subsidios energéticos para evitar un “gasolinazo”, tal como ocurrió en 2022, cuando se usaron más de 370 mil millones de pesos para contener precios. por barril proyectados en el Paquete Económico 2024). registrado en 2008.

E&A 82
article thumbnail

ConocoPhillips announces oil find at Slagugle discovery in Norwegian Sea

Oilfield Technology

million bbl of oil equivalent in Triassic reservoir rocks. Despite a dry well in a previous attempt to delineate the discovery in 2022, the latest appraisal has provided encouraging results. 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

Air Permit Transfer: Perimeter Resource Company Acquires ODC Facility from JM Cox Resources LP

Oil Gas Leads

Summary of Perimeter Resource Company Air Permits Account Name Regulated Entity County Near City Project Type Received Date Previous Owner JERRY COWDEN RN111688065 CRANE CRANE INITIAL 03/11/2023 (Not Listed) NELLIE HARRIS RN111688826 CRANE CRANE INITIAL 03/11/2023 (Not Listed) QUASAR-COWDEN LEASE RN111688149 CRANE CRANE INITIAL 03/11/2023 (Not Listed) (..)

Basin 59
article thumbnail

Are Oil Prices Headed Back Above $100 A Barrel?

Energy Central

The price of West Texas Intermediate (WTI) opened 2022 at about $75 a barrel (bbl). Last week, the price rose above $90/bbl for the first time since 2014. That was also the last year the price of WTI was above $100/bbl. But the shale boom had put millions of new barrels of oil into.

Barrel 40
article thumbnail

Genel Energy: Tawke delivering "Significant Cash Generation"

Iraq Business News: Oil & Gas

Results summary ($ million unless stated) 2024 2023 Average Brent oil price ($/bbl) 81 82 Average realised price per barrel 35 47 Production (bopd, working interest) 19,650 12,410 Revenue 74.7 In 2024, we continued with the cost reduction exercise and business efficiency improvements that began in 2022. Production costs (17.6) (18.0)

Energy 66
article thumbnail

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

Enverus

The only exception to the trend over the last ten years of lower oil leading to lower asset prices was 2023, when crude came off its 2022 highs, but buyers continued to bid up the value of undeveloped inventory.

Upstream 162
article thumbnail

Ring Energy Expands in Andrews County Again as Chord Energy Transfers Facility to Ring

Oil Gas Leads

Chord Energy’s Legacy Transfer & Its Broader Implications Background: Whiting Petroleum and Oasis Petroleum merged in 2022 to form Chord Energy , focusing on the Williston Basin. Competitive breakevens sub-$40/bbl support cash flow. EMMA 4 facility) in Andrews County to Ring Energy. New Source Review – NSR).

Energy 52