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Permian methane emissions dropped 50% in two years, analysts say

Oil & Gas 360º

oil production and one fifth of natural gas—declined by more than 50% during the 2022-2024 period as improved operations, better equipment and the utilization of AI and other advanced technologies led to reductions across all observable plume rates (large and small), according to a new analysis by S&P Global Commodity Insights.

E&P 130
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How has the U.S. energy use changed since 1776?

Oil & Gas 360º

(EIA) – In 2024, the United States consumed about 94 quadrillion British thermal units (quads) of energy, a 1% increase from 2023, according to our Monthly Energy Review. energy consumption in 2024. Fossil fuels—petroleum, natural gas, and coal—accounted for 82% of total U.S. Natural gas is the second-largest source of U.S.

Energy 130
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How Canada’s oil sands transformed into one of North America’s lowest-cost plays

Oil & Gas 360º

The company cut the time between turnarounds from 12 to 24 months in 2024, and aims to extend that interval to 48 months in future. shale costs up. As the global oil industry enters a downturn due to economic uncertainty related to U.S. As the global oil industry enters a downturn due to economic uncertainty related to U.S. tariff threats.

Oil 130
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Iberdrola y Masdar construirán el segundo parque eólico marino más grande del mundo

Oil & Gas Magazine

Hay que tomar en cuenta que East Anglia THREE ya tiene asegurada la venta de toda su energía a largo plazo y a precio fijo a través de un Contrato por Diferencias adjudicado por el Gobierno británico, y de un acuerdo de compraventa de energía a largo plazo (PPA) firmado con Amazon en 2024. millones de hogares.

E&A 59
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Upstream M&A hits the brakes, slowing to $14 billion

Enverus

That is the second lowest quarterly deal value since the start of 2024 and placed 1H25 M&A value at $30.5 billion, a 60% drop compared to the first half of 2024. Encino, backed by the Canada Pension Plan Investment Board, held the most remaining liquids-focused remaining inventory among non-family private E&Ps.

Upstream 130
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Irán, el efecto Hormuz y Pemex

Oil & Gas Magazine

por barril proyectados en el Paquete Económico 2024). por barril proyectados en el Paquete Económico 2024). El documento concluye que un cierre de Hormuz sería uno de los mayores shocks petroleros del siglo, con consecuencias globales e implicaciones estratégicas para países productores como México.

E&A 100
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Permian oil producers face higher costs with new saltwater rules

Oil & Gas 360º

million bpd in 2025, up from more than 6 million bpd in 2024, the basin “is simultaneously generating an unprecedented volume of produced water—a costly and complex byproduct of hydrocarbon extraction,” B3 Insight said earlier this year. “E&P The Railroad Commission of Texas, the energy regulator of the top U.S.