Oil & Gas 360º

JUNE 19, 2025

in Mechanical Engineering from the University of Alberta and has held previously roles at Sanjel Corporation, Zodiac Exploration, and Pinnacle Technologies, specializing in hydraulic fracturing in unconventional reservoirs. from 2018-2024. At Liberty, he focuses on technology innovation, service quality, efficiency, and optimization.

Energy 130

Energy Energy Exploration and Production E&P 130

Oil & Gas 360º

JUNE 23, 2025

In May, Texas energy producers paid $411 million in oil production taxes, according to the Texas comptroller’s office. Producers last month also paid $227 million to the state in natural gas production taxes, up 26 percent from May 2024. Oil production has jumped this year after hitting a record 13.2

Gas 130

Gas Oil Natural Gas Maintenance Technician 130

Oil & Gas 360º

APRIL 23, 2025

(World Oil) –Crescent Energy has closed the sale of its non-operated Permian basin assets to a private buyer for $83 million in cash, the company announced Tuesday. The assets are located in Reeves County, Texas and had projected full-year 2025 production of approximately 3 Mboe/d (~35% oil).

Basin 130

Basin Operator Completion Energy 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

Oil & Gas 360º

APRIL 15, 2025

Energy Development Corporation (USEDC), a Fort Worth-based exploration and production company focused on developing oil and gas projects for itself and its partners, has acquired ~20,000 net acres in Reeves and Ward Counties, Texas. from $165 million to $300 million Fort Worth, TX U.S. oil and gas properties.

E&P 189

E&P Exploration and Production Energy Energy 189

Rextag

MARCH 11, 2025

This report analyzes upstream oil and gas production trends over the last three years, based on data from Rextag Energy DataLink. MMBBL 193 BCF Analysis: Hilcorp leads in gas production but is less significant in oil output. MMBBL 193 BCF Analysis: Hilcorp leads in gas production but is less significant in oil output.

Basin 59

Basin BCF Upstream Operator 59

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

JUNE 25, 2025

million for the Company after publication of the Company’s audited results for the year ended 31 December 2024 by 30 June 2025, subject to the passing of the Resolutions. basins; A US$100 million commitment from a major U.S. basins; A US$100 million commitment from a major U.S.-based

Energy 130

Energy Energy Government E&P 130

Oil & Gas 360º

APRIL 1, 2025

(NYSE American: REI) (Ring or the Company) announced that it has completed its previously-announced acquisition (the Transaction) of the Central Basin Platform (CBP) assets of Lime Rock Resources IV, LP (Lime Rock) on March 31, 2025. ABOUT RING ENERGY, INC. Ring Energy, Inc. For additional information, please visit www.ringenergy.com.

Basin 130

Basin Energy Energy Exploration and Production 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. Algerias Sonatrach will increase hydrocarbon production by 2.5% Algerias Sonatrach will increase hydrocarbon production by 2.5%

E&P 130

E&P Exploration and Production Oil Field 130

Oil & Gas 360º

APRIL 9, 2025

(Oil Price) – Chevron will boost the so-called triple fracs fracturing three wells with one frac spread at one time to more than half of its wells in the Permian basin, a Chevron executive told Reuters , amid efforts to reduce the costs and times of fracking at the worlds top shale basin. According to the top U.S.

IT 130

IT Basin Barrel Completion 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. Chevron is a leading leaseholder in the Gulf and continues to actively pursue opportunities for growth in the basin.

Oil 130

Oil Crude Oil Exploration and Production Natural Gas 130

Oil & Gas 360º

APRIL 29, 2025

For example, NEHs current daily production of approximately 4,000 Mcfpd, combined with a 25% loss, results in approximately 30,000 Mcf of monthly vented methane (Ch4) equivalent to the CO emissions produced by approximately 37,905 passenger vehicles per year. Register to attend. Oil & Gas 360) –MIDLAND, TexasApril 29, 2025.

Midstream 130

Midstream Basin Gas Exploration and Production 130

Oil Gas Leads

APRIL 24, 2025

Canadas oil and gas sector remained resilient in 2024, with several operators reporting record-breaking production volumes. From majors like Canadian Natural Resources and Ovintiv to rising mid-cap producers, this snapshot highlights average daily production across top-performing companies. 102,012 bbl/d (bitumen) SOR of 2.39

Gas 52

Gas Oil Exploration and Production Basin 52

Oil & Gas 360º

JUNE 11, 2025

They provide reserves reports and audits, acquisition and divestiture evaluations, simulation studies, exploration resources assessments, equity determinations, and management and advisory services. The Company also owns non-operated interests in the Central Rockies, including the Denver-Julesburg Basin and the Powder River Basin.

Energy 130

Energy Energy Management E&P 130

Oil Gas Leads

JUNE 24, 2025

Here are the top 5 themes emerging from ConocoPhillips’ recent strategic moves: Permian Basin Account Directory – $19 Buy Now Includes: Account Name, Phone, Address, Website, Wells Drilled… 1. shale basins— Permian, Eagle Ford, and Bakken. shale basins— Permian, Eagle Ford, and Bakken.

Basin 52

Basin Exploration and Production Operator Oil 52

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 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. power demand. “At flat activity, we can grow the Lower 48 business.

Basin 52

Basin Exploration and Production Operator Oil 52

Offshore Energies UK

JUNE 23, 2025

billion more than current government estimates. This additional production could add £165 billion in economic value, with a total of £385 billion if the UK meets half its oil and gas demand from domestic sources, supporting jobs, investment, and public services across the country. These resources include: 0.5

Exploration and Production 78

Exploration and Production Barrel Government Field 78

Marcellus Shale Coalition

JUNE 23, 2025

communities to date; Consumer savings top $10 billion in 2024 PITTSBURGH, PA – June 23, 2025 – Pennsylvania’s natural gas impact fee, the state’s tax on natural gas development, generated $164.5 million in 2024, the Pennsylvania Public Utility Commission (PUC) announced today. Nearly $3 billion generated for Pa.

Natural Gas 59

Natural Gas Gas Exploration and Production Supply Chain 59

Oil & Gas 360º

APRIL 16, 2025

(World Oil) –Vista Energy has acquired Petronas’ 50% stake in a region of the Vaca Muerta shale basin in a deal valued at $1.5 As of December 31, 2024, it had 247 wells on production. billion USD. LACh spans across 46,594 acres in the black oil window of Vaca Muerta.

Oil 130

Oil Barrel Crude Oil Operator 130

Oil & Gas 360º

APRIL 7, 2025

Compared to March 2024, last months activity was 20.3% The three Permian basin districts7C, 8 and 8Acomprised 67.3% in March 2024. in March 2024. The distribution of wells in these categories was roughly the same in March, as it was in January. The figures a year ago included 689 oil wells, 183 gas wells and 19 dry holes.

Dry Hole 130

Dry Hole Basin Oil Gas 130

Novi

JULY 19, 2024

The highlights and links to the papers are here: Enhancing Production Efficiency: The Impact of Precision Targeting in the Midland Basin We highlighted the production and economic effects of the landing zone and the benefits of landing wells in the top half of the Lower Spraberry Shale or high in the Jo Mill.

Exploration and Production 52

Exploration and Production Basin Operator Oil 52

Enverus

MARCH 10, 2025

Diamondback is one of the largest players in the Permian Basin, second only to Exxon Mobil, based on gross operated oil volumes. [1] billion deal represents one of the last significant private positions in the Midland Basin and leaves very few remaining opportunities for mid-sized operators to acquire high-quality inventory. [1]

Operator 130

Operator Basin Exploration and Production E&P 130

Rigzone

JUNE 10, 2025

“It offers significant long-term potential, with access to over 7 trillion cubic feet of natural gas resources and future opportunities for production capacity expansion”, Malaysia’s state-owned Petronas said then. XRG said December 19, 2024, it had so far bought around 91.32

Gas 95

Gas Natural Gas Exploration and Production Completion 95

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

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. The results of the Naingopo exploration well announced in January 2025 increased our confidence in the potential for Prospect I. Actual future results may differ materially.

Exploration Well 130

Exploration Well Petroleum Spud-in Exploration and Production 130

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

Rextag

JANUARY 16, 2025

Civitas Resources is reportedly considering the sale of its oil and gas assets in Colorados Denver-Julesburg (D-J) Basin and may reinvest the proceeds in acquiring additional assets in the Permian Basin, including the highly sought-after position held by Double Eagle IV, according to analysts and media reports.

Basin 52

Basin Exploration and Production Operator Oil 52

Oil & Gas 360º

JUNE 25, 2025

The presenting company lineup as of June 18, 2025, includes: Advantage Energy (TSX: AAV) Amplify Energy (NYSE: AMPY) Anschutz Exploration Armstrong Oil & Gas APA Corp. The Company also owns non-operated interests in the Central Rockies, including the Denver-Julesburg Basin and the Powder River Basin.

Energy 130

Energy Energy E&P Management 130

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. Production increased by 460,000 boe/d, making Chevron a major player in international energy markets.

Oil 52

Oil Exploration and Production Basin Gas 52

Permian Basin Oil and Gas Magazine

JUNE 23, 2025

Perhaps all four are at work today in the wireline industry in the Permian Basin, but certainly the fourth factor—consolidation—is making itself felt. Pintail is headquartered in Midland and is a leading provider of wireline services in the Permian Basin. Pintail’s 2024 revenues topped more than $400 million.

Basin 59

Basin Hydraulic Fracturing Operator Completion 59

Oil & Gas 360º

MAY 30, 2025

This acquisition combines large, premier acreage positions in the Utica, creating a third foundational play for EOG alongside our Delaware Basin and Eagle Ford assets, said Ezra Y. 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

Oil & Gas 360º

JUNE 3, 2025

mboe/d); Q1 2025 average Permian production of 14.5 existing net DUCs and permits with an average lateral length of ~9,500 feet PRO FORMA HIGHLIGHTS Approximately 85,700 net royalty acres in the Permian Basin; ~43% operated by Diamondback Pro forma Viper owns an average 1.8% mboe/d); Q1 2025 average Permian production of 14.5

Royalty 130

Royalty Energy Energy Basin 130

Enverus

JUNE 3, 2025

Inclusive of the Sitio merger and a major dropdown from Diamondback, Viper has now spent over $8 billion on acquisitions in 2025 or more than the cumulative value of all disclosed mineral M&A in 2023 and 2024. The company was previously focused on the Midland Basin and particularly on interests operated by Diamondback. shale play.

Royalty 130

Royalty Basin Royalty Interest Upstream 130

Rextag

FEBRUARY 24, 2025

Over the past two years, 2023 and 2024, production levels have soared, investment strategies have shifted, and new regulatory frameworks have emerged. Now, as we step into 2025 , the industry faces critical questions : Which basins will see the most growth? How will new policies impact production and investment strategies?

Basin 40

Basin Oil Gas Exploration and Production 40

Oil & Gas 360º

MAY 21, 2025

The presenting company lineup as of May 21, 2025, includes: Advantage Energy (TSX: AAVVF) Amplify Energy (NYSE: AMPY) Anschutz Exploration Armstrong Oil & Gas APA Corp. The Company also owns non-operated interests in the Central Rockies, including the Denver-Julesburg Basin and the Powder River Basin.

Energy 130

Energy Energy Exploration and Production Management 130