Oil & Gas 360º

MAY 7, 2025

During the production test, the well was tested at multiple flow rates in order to gather data to determine the flow capacity of the well, to provide an early estimate of potential resource volumes, and to obtain high quality fluid samples. the “Paradox project”). Water cut was less than 0.5%

Energy 147

Energy Energy Exploration and Production Condensate 147

Oil & Gas 360º

MARCH 18, 2025

During the exploration drilling carried out in December 2024, oil was found at a depth of 1,250 meters. The fact that we achieved this success in the concession belonging to Bzakerettye, which has an almost 100-year oil industry tradition, is clear evidence that there is still potential in hydrocarbon exploration in Hungary.

Field 130

Field Exploration and Production Oil E&P 130

Oil & Gas 360º

APRIL 17, 2025

(the Company or ReconAfrica) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) announces an agreement for a joint exploration project in Angola with the Agncia Nacional de Petrleo, Gs e Biocombustveis or National Oil, Gas and Biofuels Agency (ANPG). This will be the Companys largest exploration prospect drilled so far.

Basin 130

Basin Oil Petroleum Gas 130

Oil & Gas 360º

MARCH 31, 2025

(Oil Price) –Following several months of delays due to inclement winter weather in the waters in Norways Arctic, Equinor started up the Johan Castberg oilfield on Monday, which will add 220,000 barrels of oil per day at peak production rates. Norway expects its oil liquids production to rise by 5.2%

Exploration and Production 130

Exploration and Production Barrel Oil Field 130

Oil & Gas 360º

APRIL 21, 2025

(Oil & Gas 360) –HOUSTON(BUSINESS WIRE) Chevron Corporation ( NYSE: CVX ) announced today that it started oil and natural gas production from the Ballymore subsea tieback in the deepwater Gulf of America. This reduces our development costs and is expected to drive higher returns for shareholders. Malo facilities.

Oil 130

Oil Crude Oil Exploration and Production Natural Gas 130

Oil & Gas 360º

MAY 30, 2025

billion in 2024, the countrys oil and gas industry association said, adding that this will not lead to higher production. billion, would be spent on production, with the remainder of $740 million channeled into exploration. (Oil Price) –Crude oil and natural gas investments in Colombia could rise to $4.68

Oil 130

Oil Exploration and Production Crude Oil Government 130

Offshore Energies UK

JUNE 23, 2025

billion barrels of oil and gas could still be produced from UK waters – 3.2 The government’s independent advisers, the Climate Change Committee, say in a scenario where the UK meets all its climate targets on time, UK homes and businesses will still use between 13 and 15 billion barrels of oil and gas.

Exploration and Production 78

Exploration and Production Barrel Government Field 78

Oil & Gas 360º

APRIL 9, 2025

The triple-frac reduces by 25% the time to bring wells to production. supermajor continues to boost its oil and gas production from the basin, but it has cut capital expenditures. At the end of 2024, Chevronsaidit planned to spend between $4.5 At the end of 2024, Chevronsaidit planned to spend between $4.5

IT 130

IT Basin Barrel Completion 130

Oil & Gas 360º

MARCH 10, 2025

Boosting production Major oil producers in Africa are striving to boost production and NOC-IOC collaboration is at the forefront. Libyas NOC is working with IOCs Repsol, bp, TotalEnergies, ConocoPhillips and more to increase output to two million barrels per day (bpd).

E&P 130

E&P Exploration and Production Oil Field 130

Oil & Gas 360º

APRIL 16, 2025

As of December 31, 2024, it had 247 wells on production. In addition, as of December 31, 2023, LACh had 280 million barrels of oil equivalent (MMboe) of P1 reserves according to the Argentine Secretary of Energy (at 100% working interest). LACh spans across 46,594 acres in the black oil window of Vaca Muerta.

Oil 130

Oil Barrel Crude Oil Operator 130

Rigzone

JUNE 30, 2025

Block 53 lies directly east of Block 58, where TotalEnergies and its partners announced a final investment decision for the GranMorgu development in October 2024. Specifically, the Sapakara and Krabdagu fields, which contain recoverable reserves estimated at nearly 760 million barrels, according to the company’s website.

Exploration and Production 67

Exploration and Production Field Operator Oil 67

Permian Basin Oil and Gas Magazine

APRIL 4, 2025

2 in oil production in the U.S. Production in the state surpassed 2 million barrels per day in 2024 more than double that of 2019 (about 0.9 Exploration in Eddy and Lea counties in southeastern New Mexico propelled the expansion and bolstered the state treasury in the process. million b/d).

Exploration and Production 64

Exploration and Production Basin Energy Energy 64

Oil & Gas 360º

JUNE 27, 2025

(World Oil) – The Bureau of Ocean Energy Management (BOEM) has published a Proposed Notice of Sale (PNOS) for Lease Sale 262, the first of three offshore auctions in the Gulf of America under the 2024–29 Outer Continental Shelf Leasing Program.

Oil 130

Oil Gas Royalty Offshore 130

Oil & Gas 360º

MAY 2, 2025

(Oil Price) –First-quarter earnings at ExxonMobil ( NYSE: XOM ) topped analyst estimates as higher production in the Permian and offshore Guyana offset part of the lower realizations due to falling oil prices. billion in the first quarter of 2024. billion for the same period of 2024. billion, down from $8.2

Basin 130

Basin Upstream Oil Offshore 130

Rigzone

JUNE 16, 2025

The acquired portfolio consists of 16 producing fields in Norway, quadrupling DNO’s North Sea production to 80,000 barrels of oil equivalent per day (boepd), the company said in a news release. DNO noted that it has four development wells and one exploration well planned in the period through 2026.

Energy 67

Energy Energy Exploration and Production Field 67

Rigzone

JUNE 27, 2025

Image by pavalena via iStock Vietnam Oil and Gas Group (Petrovietnam) and its joint venture partners have signed a product sharing contract (PSC) for Block 15-1 on the southern continental shelf of Vietnam. percent, Korea National Oil Corporation (KNOC) holds 11.4 percent, SK Group holds 7.2 percent, and Geopetrol holds 2.6

BCF 62

BCF Field Natural Gas Exploration and Production 62

Egypt Oil & Gas

MARCH 25, 2025

Khalda Petroleum Company Chairman Saeed Abdel Moneim reviewed the most important performance indicators and targets for the next fiscal year (FY), indicating that it is planned to invest approximately $1 billion during FY 2024/25.

Petroleum 52

Petroleum Exploration and Production Hydraulic Fracturing BBL 52

Rigzone

JUNE 9, 2025

The assets produce approximately 5,500 barrels of oil equivalent (boepd), consisting of 81 percent oil and liquids, and an estimated approximately 10 million barrels of oil equivalent (MMboe) of proved developed producing reserves as of Dec. 31, 2024, Vermilion said in a news release. assets for cash proceeds of $87.61

Completion 67

Completion Energy Energy Exploration and Production 67

Oil & Gas 360º

APRIL 10, 2025

Prospect I is located onshore Namibia in Petroleum Exploration Licence 073 (“PEL73”) and is the Company’s largest prospect to be drilled so far. It is targeting 365 million barrels ofunrisked and 32 million barrels of risked prospective light/medium oil resources (1) , or 1.9

Exploration Well 130

Exploration Well Petroleum Spud-in Exploration and Production 130

Rextag

MAY 5, 2025

Chevron Corporation, one of the worlds leading integrated energy companies, has announced the start of oil and natural gas production from the Ballymore subsea tieback project, located in the deepwater Gulf of America. This reduces our development costs and is expected to drive higher returns for shareholders.

Barrel 52

Barrel Exploration and Production Offshore Basin 52

Oil & Gas 360º

MAY 30, 2025

Encinos acreage improves the quality and depth of our Utica position, expanding EOGs multi-basin portfolio to more than 12 billion barrels of oil equivalent net resource. Pro forma production totals 275,000 barrels of oil equivalent per day creating a leading producer in the Utica shale play.

Exploration and Production 130

Exploration and Production Natural Gas Crude Oil Energy 130

Egypt Oil & Gas

MARCH 24, 2025

Minister of Petroleum and Mineral Resources Karim Badawi confirmed that integrating new gas wells within the tenth phase of the West Delta Deep Marine (WDDM) development area into the production map and their connection to the national natural gas network represents a significant milestone for the sector.

Exploration and Production 52

Exploration and Production Condensate Natural Gas Gas 52

Rextag

DECEMBER 23, 2024

As the year draws to a close and the festive season surrounds us with cozy blankets, steaming mugs of cocoa, and the sparkle of holiday lights, its the perfect time to pause, reflect, and unwrap the biggest highlights of 2024. This deal boosted Exxons daily output by over 700,000 barrels of oil equivalent per day (boe/d).

Oil 52

Oil Exploration and Production Basin Gas 52

Oil & Gas 360º

MAY 29, 2025

In addition, the Company also provides initial results related to hydrocarbon production in the first quarter of 2025 (“Q1”)from its non-operated asset portfolio in theWilliston Basin,North DakotaandMontana,U.S.(the million barrels of oil equivalent (“boe”) for the well. the “Paradox project”).In

BCF 130

BCF Energy Energy Condensate 130

Oil Gas Leads

MARCH 7, 2025

ConocoPhillips provided significant insights into its Permian Basin operations during its Q4 2024 earnings call, highlighting efficiency improvements, capital discipline, non-core asset sales, and potential growth opportunities tied to increasing U.S. This suggests further cost savings and productivity gains across its Lower 48 portfolio.

Basin 52

Basin Exploration and Production Operator Oil 52

Egypt Oil & Gas

MARCH 19, 2025

During the exploration drilling carried out in December 2024, oil was found at a depth of 1,250 meters. According to the results, the well located in the Somogysmson oilfield is capable of producing 1,200 barrels per day. MOL announced discovering a new oil field near Somogysmson in Western Hungary.

Exploration and Production 52

Exploration and Production Oil Field Refinery 52

Oil & Gas 360º

MARCH 10, 2025

.” Strategic Rationale Solidified Position Within the Large-Cap Universe: The combined company will have an enterprise value of $15 billion 1 and 370,000 boe/d 2 (63% liquids) of corporate production with significant overlap across both unconventional and conventional assets. million acres in Alberta.

Exploration and Production 130

Exploration and Production Energy Energy Natural Gas 130

Iraq Business News: Oil & Gas

FEBRUARY 25, 2025

The agreement, signed in Baghdad on Tuesday under the patronage of Prime Minister Mohammed Shia Al-Sudani, encompasses oil, gas, power and water development, with potential for future exploration investment. We thank the Government of Iraq for the trust and privilege to deepen our cooperation in-country. "

Field 75

Field Oil Exploration and Production Government 75

Oil Gas Leads

APRIL 29, 2025

Three key themes emerged from the update: major exploration success in the Gulf of Mexico, oil price commentary, and a demonstration of financial resilience. This shorter cycle time from drilling to production optimizes capital efficiency and improves returns. billion in reserve equivalent to $10 per barrel of oil price sensitivity.

Exploration and Production 52

Exploration and Production Oil Drilling rig Consulting 52

Oil & Gas 360º

APRIL 23, 2025

million shares since the programs launch in August 2024, or ~4% of outstanding Recognized by The Financial Times as the fastest growing energy company across all of the Americas Calgary, Alberta(Newsfile Corp. million shares repurchased to date in 2025, bringing total repurchases to 7.9 April 23, 2025) Saturn Oil & Gas Inc.

Gas 100

Gas Oil BBL Exploration and Production 100

Oil & Gas 360º

APRIL 1, 2025

The acquisition further consolidates assets in core counties in the CBP defined by shallow declines, high margin production and undeveloped inventory that immediately competes for capital, and provide for near-term opportunities for field level synergies and cost savings. ABOUT RING ENERGY, INC. Ring Energy, Inc.

Basin 130

Basin Energy Energy Exploration and Production 130

Oil & Gas 360º

JUNE 3, 2025

mboe/d); Q1 2025 average Permian production of 14.5 mboe/d); Q1 2025 average Permian production of 14.5 mboe/d); Q1 2025 average Permian production of 14.5 mboe/d); Q1 2025 average Permian production of 14.5 mboe/d); Q1 2025 average Permian production of 14.5 per share annually ($0.33 per share quarterly).

Royalty 130

Royalty Energy Energy Basin 130

Egypt Oil & Gas

APRIL 14, 2025

The meeting was a part of a series of periodic reviews, focused on evaluating the sector’s performance between July 2024 and March 2025 and outlining strategic objectives and work programs for the upcoming period. Badawi further highlighted recent encouraging discoveries in the Gulf of Suez and increased activity in the Western Desert.

Energy 71

Energy Energy Exploration and Production Petroleum 71

Iraq Business News: Oil & Gas

MARCH 18, 2025

Genel Energy has announced its audited results for the year ended 31 December 2024. Paul Weir, Chief Executive of Genel, said: " In 2024, we demonstrated further progress on our journey of building towards delivering resilient, diversified cash flows. Production costs (17.6) (18.0) Production costs (17.6) (18.0)

Energy 66

Energy Energy Exploration and Production BBL 66

Valor

APRIL 21, 2025

Record-breaking production and soft near-term demand continue to pressure prices, although strong LNG export demand offers longer-term support. natural gas production remained flat in 2024 Summary : In 2024, U.S. marketed natural gas production remained nearly flat at 113 Bcf/d, with Permian output rising 12% to 25.4

BCF 52

BCF Energy Energy Exploration and Production 52

Rextag

FEBRUARY 13, 2025

Financial Performance: 4Q and Full-Year 2024 Results BPs latest financial disclosures offer a revealing snapshot of its current challengesand opportunities: Underlying Replacement Cost Profit 4Q 2024 : $1.17 billion 3Q 2024 : $2.27 billion 3Q 2024 : $2.27 Cash Flow from Operations 4Q 2024 : $7.43

Gas 40

Gas Oil Exploration and Production Operator 40

Rextag

MAY 8, 2025

Below, we break down Q1 2025 reports from Equinor , BP , Hess , and Northern Oil and Gas (NOG) , with a side-by-side comparison of production and net income, and a clear snapshot of how they stacked up against Q1 2024. This represents a slight decline compared to 2,164 mboe/d in Q1 2024 a decrease of about 1.9%.

Exploration and Production 40

Exploration and Production Energy Energy Basin 40