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 drilling of the new well in the Somogysmson oilfield, called Som-8, began on November 25, 2024, and was completed after 33 days. MOL has ambitious E&P investment plans. In 2024, it produced an average of 93.8

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Field Exploration and Production Oil E&P 130

RBN Energy

MAY 22, 2025

Serious concerns about higher costs and lower demand have left the E&P sector in a delicate position since the implementation of new U.S. In todays RBN blog, well explore the impact of the 2024 acquisitions and commodity pricing on E&P debt and discuss the expected response to protect balance sheets.

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E&A E&P 41

Offshore Energies UK

MARCH 26, 2025

It also bought Japex UK E&P March 25, adding 15 percentage points to its existing stake in Seagull which now stands at 50%. URL: [link] The post Ithaca reports strong 2024 results appeared first on Offshore Energies UK (OEUK). Operating costs were $14/boe, delivering Q4 adjusted pretax earnings $646mn.

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E&P Completion Offshore Barrel 52

Oil Gas Leads

JUNE 11, 2025

Below we summarize recent (2024–2025) drilling activity, budget allocations, and production volumes in Oklahoma (primarily the Anadarko Basin and related plays) for six companies: Ovintiv , Mach Natural Resources , Devon Energy , Coterra Energy , Continental Resources , and Mewbourne Oil Company. In Q4 2024 , Mach’s production averaged 86.7

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Operator Gas Oil Basin 52

Oil & Gas Magazine

MARCH 19, 2025

Fieldwood Energy elev su produccin en Ichalkil y Pokoch a 11,500 barriles diarios en enero de 2025, con planes de perforacin e inversin de 523.24M USD este ao. Fieldwood Energy E&P Mxico ha logrado un aumento significativo en la produccin de crudo en los campos Ichalkil y Pokoch, alcanzando 11,500 barriles diarios en enero de 2025.

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E&P Energy Energy E&A 96

Mees

APRIL 11, 2025

Tethys Oil, now under Chinese ownership, is shifting its focus in Oman away from its only producing asset Blocks 3&4 (CCED 50%op, Tethys 30%, Mitsui E&P 20%), where output continues its steady downwards trajectory, hitting a decade-low 27,000 b/d for 2024.

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E&P Oil E&A IT 52

Rextag

MARCH 11, 2025

Yearly Production Analysis: 2022-2024 The table below summarizes the yearly production trends for the basin: Year Oil (MMBBL) Gas (BCF) BOE (MMBOE) 2022 1,943 1,282 3,226 2023 1,905 1,237 3,142 2024 1,912 1,254 3,165 Key Observations: Oil production declined by 2.0% in 2024 , indicating a return to growth.

Basin 59

Basin BCF Upstream Operator 59

Oil & Gas 360º

MARCH 7, 2025

Mboe per day of two-stream net production during the third quarter of 2024. Transaction details Pursuant to the arrangement agreement between Vitesse and Lucero, dated December 15, 2024, at the closing of the arrangement each common share of Lucero has the right to receive 0.01239 of a share of Vitesse common stock.

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Completion Energy Energy Operator 130

RBN Energy

APRIL 14, 2025

As the clock approached midnight on December 31, E&P managements and shareholders likely clinked champagne flutes to celebrate a remarkable four years of prosperity for an industry that had been nearly shattered by two decades of periodic financial crisis. In todays RBN blog, well review the cash-allocation strategies used by U.S.

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E&P E&A Management Oil 50

Oil & Gas 360º

MAY 2, 2025

billion in the first quarter of 2024. billion for the same period of 2024. The other supermajor, Chevron, also reported its Q1 earnings today, meeting analyst expectations as its refining business returned to profit from a loss in the fourth quarter of 2024. Exxon reported on Friday first-quarter earnings of $7.7

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Basin Upstream Oil Offshore 130

Energy Central

APRIL 30, 2025

Occidental Petroleum (OXY): Balancing Traditional Energy with Low-Carbon Innovation Industry: Oil & Gas Exploration & Production (E&P) Market Cap: $39.62 million.

Petroleum 40

Petroleum E&P Oil Gas 40

Oil & Gas 360º

APRIL 7, 2025

Compared to March 2024, last months activity was 20.3% in March 2024. This activity equaled Januarys drilling, when 1,072 wells were recorded, including 814 oil wells, 242 gas wells and 16 dry holes. The distribution of wells in these categories was roughly the same in March, as it was in January. in February, 72.4%

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Dry Hole Basin Oil Gas 130

Oil & Gas 360º

APRIL 16, 2025

As of December 31, 2024, it had 247 wells on production. During the fourth quarter of 2024, LACh produced 79,543 barrels of oil equivalent per day (boed) at 100% working interest, of which 71,471 barrels per day (bpd) were oil, according to the Argentine Secretary of Energy.

Oil 130

Oil Barrel Crude Oil Operator 130

Energy Central

APRIL 3, 2024

While 2024’s first quarter showed steady oil and gas activity, political and regulatory hurdles – most notably the administration’s recent pause on U.S. liquified natural gas (LNG) exports exports – have created widespread worry amongst exploration and production (E&P) firms.

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E&P Exploration and Production Gas Oil 45

Oil & Gas 360º

APRIL 9, 2025

At the end of 2024, Chevronsaidit planned to spend between $4.5 billion and $5 billion on production in the Permian in 2025, lower than in 2024, as production growth is reduced in favor of free cash flow. supermajor continues to boost its oil and gas production from the basin, but it has cut capital expenditures.

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IT Basin Barrel Oil 130

Oil & Gas 360º

APRIL 23, 2025

The transaction has an effective date of December 31, 2024, and Crescent plans to update its 2025 outlook to reflect the divestiture alongside its first quarter 2025 financial and operating results. 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

APRIL 21, 2025

Since midyear 2024, Chevron has started production from its industry-first Anchor project and non-operated Whale project and commenced water injection to boost output at its operated Tahiti and Jack/St. Co-owner TotalEnergies E&P USA, Inc. The development is Chevrons first in the Norphlet trend of the Gulf.

Oil 130

Oil Crude Oil Exploration and Production Natural Gas 130

Oil & Gas 360º

MARCH 4, 2025

Presentation opportunities are available for E&P, Midstream, OFS, Minerals, and Energy Transition companies Sponsorship opportunities are available for companies seeking to increase their marketplace awareness DENVER March 4, 2025 EnerCom, Inc. London, Mexico City and Shanghai.

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Energy Energy Management Consulting 200

Oil & Gas 360º

APRIL 29, 2025

Rapid Growth of Data Analytics Segment: The Lease Agreement is expected to deliver approximately $14 million in high-margin rental revenue to Flotek during 2025, representing a 60% increase in segment revenue, as compared to 2024. million generating segment operating income estimated to exceed Flotek’s total adjusted EBITDA (1) in 2024.

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Exploration and Production Natural Gas E&P E&A 130

Oil & Gas 360º

APRIL 29, 2025

Publisher’s Note: New Era Helium will present at EnerCom DenverThe Energy Investment Conference on August 17-20, 2025. Register to attend. Oil & Gas 360) –MIDLAND, TexasApril 29, 2025. New Era Helium, Inc. The Company remains committed to begin helium sales in late Q4 2025, pending timely construction progress.

Midstream 130

Midstream Basin Gas Exploration and Production 130

Oil & Gas Magazine

APRIL 21, 2025

opera el proyecto Ballymore con una participacin del 60% mientras que el copropietario, TotalEnergies E&P USA, Inc., Para satisfacer esa demanda, necesitamos contar con una cartera de diversas opciones, y esta es una de ellas dijo Israel Wright, ingeniero de hardware e instalacin submarina de Ballymore.

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E&P E&A Gas Completion 69

Enverus

MARCH 10, 2025

Rising prices driven by LNG exports and data center demand have pushed some players to turn towards gas, with the value of gas-focused M&A increasing four times in 2024 compared to 2023. Operators can turn to resource expansion opportunities that exist outside of core shale basins.[6] 7] Acquire gas assets. To learn more, click here. [1]

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Operator Basin Exploration and Production E&P 130

Oil & Gas 360º

MARCH 10, 2025

Dr. Cornelius commented: Founding CanCambria as an international unconventional resource E&P company has been one of the highlights of my career. From 2015 to 2024, Mr. Pierce was CEO and Director of TAG Oil Ltd., Chris Cornelius will assume the role of Executive Chairman.

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Management Energy Energy Exploration and Appraisal 130

Oil & Gas 360º

APRIL 10, 2025

Interests in Certain Prospects and Leads located in PEL 73, Kavango Basin, Namibia as of March 31, 2024 ” (the “NSAI Report”) and the prospective resource estimates contained therein and in this press release were prepared by NSAI, an independent qualified reserves evaluator, with an effective date of March 31, 2024.

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Exploration Well Petroleum Spud-in Exploration and Production 130

Oil & Gas 360º

MAY 30, 2025

Transaction Highlights Transforms EOG into a leading Utica E&P The acquisition of Encinos 675,000 net core acres significantly increases EOGs Utica position to a combined 1,100,000 net acres, representing more than two billion barrels oil equivalent of undeveloped net resource.

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Exploration and Production Natural Gas Crude Oil Energy 130

Oil & Gas 360º

APRIL 23, 2025

At the end of 2024, EQs Rice said he was bullish on the short and long-term gas demand prospects as power utilities scramble to provide electricity to the new data centers. The assets which EQT is buying are positioned adjacent to several proposed power generation projects, providing potential strategic value upside, the company said.

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Midstream Energy Energy Upstream 130

Oil & Gas 360º

MARCH 26, 2025

In October of 2024, Greece said that a consortium led by ExxonMobil had successfully completed the first exploration phase southwest of the Greek island of Crete and decided to proceed with the second exploration stage.

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Offshore Completion Gas Oil 130

Oil & Gas 360º

MARCH 24, 2025

The newly acquired assets are actively being developed by leading operators, including Chevron and Civitas, who collectively account for more than half the wells spud in 2024. The high-quality operator footprint enhances production visibility and long-term value creation.

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Royalty Basin Spud-in Operator 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). The NSAI Report was filed on SEDAR+ on July 29, 2024 under the Other document type.

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Basin Oil Petroleum Gas 130

Oil & Gas 360º

APRIL 29, 2025

billion for the first quarter of 2024. The UK-based supermajor, which has been under intense pressure from activist investor Elliott to cut costs and boost share performance, reported today an underlying replacement cost (RC) profit the closest metric to net profit of $1.38 billion for the first quarter.

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Oil Operator Exploration and Production Completion 130

Oil Gas Leads

APRIL 25, 2025

The Dallas-based E&P announced in its Q1 2025 earnings that it will reduce its rig count midyeardropping from nine to eightciting weaker commodity prices and an uncertain macroeconomic outlook. Drilling Trends: Q1 2024 vs Q1 2025 Matadors strategic shift is part of a broader pattern across the U.S. Matador Resources Co.

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Basin Operator Oil E&P 59

Oil Gas Leads

MARCH 31, 2025

For example: Ovintiv Canada ULC holds 93 permits from 2024 alone with no recorded drilling activity. Looking Ahead If historical patterns hold, many of the 2023 and 2024 permits may turn into drilling activity in 2025 and beyond. A growing backlog of approved well licenses that have yet to be turned into producing wells.

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Gas Oil Basin Spud-in 52

Oil & Gas 360º

MARCH 5, 2025

Presentation opportunities are available for E&P, Midstream, OFS, Minerals, and Energy Transition companies Sponsorship opportunities are available for companies seeking to increase their marketplace awareness DENVER March 4, 2025 EnerCom, Inc. London, Mexico City and Shanghai.

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Energy Energy Management Consulting 130

Oil & Gas 360º

JUNE 3, 2025

This transaction positions Viper to compete for capital with mid and large cap North American E&Ps; except with higher margins, minimal operating costs, and the lowest dividend breakeven in the space. Viper discloses only estimated proved reserves in its filings with the SEC.

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Royalty Energy Energy Basin 130

Oil & Gas 360º

MAY 7, 2025

Elevated condensate-yields were observed (in a range of 60-200 barrels of oil (“bo”) per million standard cubic feet (“mmscf”) with an 85 bo/mmscf average).

Energy 147

Energy Energy Exploration and Production Condensate 147

Oil & Gas 360º

MAY 21, 2025

The 2023 Chambers USA Legal Guide ranked 31 different firm practice areas, and in 2024, Haynes Boone became the first Am Law 100 firm to ever earn a Gold-level Bell Seal from Mental Health America. London, Mexico City, and Shanghai.

Energy 130

Energy Energy Exploration and Production Management 130

Oil & Gas 360º

MARCH 28, 2025

“The failure to make public critical components of Red Trees bid is a clear violation of the courts December 31, 2024 order,” lawyers of Gold Reserve said in a filing last week. A decision on how to proceed with the bonds default requires holders representing no less than 75% of the debt. Red Trees bid includes $3.24

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Casing E&P Oil Consulting 130