Oil & Gas 360º

JUNE 23, 2025

Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) has highlighted new employment figures showing an increase in upstream employment in Texas in the month of May. million bpd in 2024, 2 percent more than the previous record set in 2023. oil production is forecasted to average 13.4

Gas 130

Gas Oil Natural Gas Maintenance Technician 130

Enverus

JUNE 3, 2025

In response to today’s announcement that Viper Energy, a subsidiary of Diamondback Energy, would acquire Sitio Royalties Corp for $4.1 In response to today’s announcement that Viper Energy, a subsidiary of Diamondback Energy, would acquire Sitio Royalties Corp for $4.1 billion inclusive of net debt. billion in 2022.

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Royalty Basin Royalty Interest Upstream 130

The Energy Law

FEBRUARY 28, 2023

3d , 2023 WL 526075, the Louisiana Supreme Court rejected a writ of mandamus that would have compelled the LDNR to satisfy a $4.7 million judgment for reimbursement of mineral royalties. State of Louisiana through the Department of Natural Resources , 22-0625 (La. 1/1/23), So.

Royalty 98

Royalty Casing E&A Education 98

Rextag

MAY 15, 2025

Permian Resources Corporation, a leading pure-play operator in the Delaware Basin, has reported strong first-quarter 2025 financial and operational results and announced a strategic bolt-on acquisition of APA Corporations Northern Delaware Basin assets for $608 million. million shares repurchased in April 2025 ($10.52

Basin 52

Basin Operator BBL Natural Gas 52

Permian Basin Oil and Gas Magazine

JUNE 2, 2025

The flurry of merger and acquisition (M&A) activity over the last two years has changed the minerals landscape in the Permian Basin, along with most producing basins in the United States. Regarding the bolt-ons and consolidation of acreage, Lee noted that Ovintiv recently divested its Uinta Basin assets in order to buy others.

Basin 59

Basin E&A E&P Oil 59

Valor

FEBRUARY 24, 2025

billion in 2023, prompting cost-cutting measures, a 5% staff reduction, and slashed executive bonuses. Under pressure from activist investor Elliott Management, which holds a 5% stake, BP is shifting focus back to fossil fuels, selling 10 U.S. onshore wind farms and spinning off offshore wind assets. The companys profits fell to $8.2

Energy 52

Energy Energy Barrel Abandonment 52

Drillers

MARCH 24, 2020

Recently, the Nigerian government demanded more than $60 billion in back royalties under a production sharing agreement with the supermajors operating in the country. The proposals got approved as amendments to the 1993 Deep Offshore and Inland Basin Production Sharing Contractin October. on frontier and inland basin projects.

Oil 52

Oil Royalty Exploration and Production Government 52