Oil & Gas 360º

MARCH 19, 2025

Energy Information Administration (EIA) forecast crude oil production in Alaska will increase by 16,000 barrels per day (bpd) in 2026 to 438,000 bpd after remaining relatively flat in 2025. Two new oil developments in Alaska the Nuna and Pikka projects are expected to boost crude oil production in the state after decades of decline.

Crude Oil 130

Crude Oil Oil Exploration and Production Active Well 130

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

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

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

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.

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

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

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

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

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

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

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

Oilholics Synonymous Report

NOVEMBER 5, 2024

The first two days of ADIPEC 2024 in Abu Dhabi have whizzed by with one theme dominating proceedings - the deployment of AI as a service. In whichever direction you look around the venue - ADNEC Centre - you can't miss signage flagging it.

Energy 130

Energy Energy Finance Exploration and Production 130

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 Oil 130

Egypt Oil & Gas

APRIL 5, 2025

Minister of Petroleum and Mineral Resources Karim Badawi attended the general assembly meeting of Egypt Gas Company to approve and discuss its fiscal year results for 2024, praising its past years achievements across Egypt.

Gas 66

Gas Exploration and Production Petroleum HSE 66

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

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. London, Mexico City, and Shanghai.

Energy 130

Energy Energy Management E&P 130

Daily Energy Report

MAY 14, 2025

May 14, 2025 Chart of the Day EOA: OPEC Production Declined in April! OPEC anticipates a 5% drop in non-OPEC+ exploration and production investment in 2025, despite a $3 billion rise in 2024. OPEC+ production declined by 106 kb/d in April, mainly due to Kazakhstan, which has struggled to meet its quotas.

Exploration and Production 97

Exploration and Production Energy Energy Drivers 97

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.

Completion 130

Completion Energy Energy Operator 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. The remaining 50% of LACh is held by operator YPF S.A.

Oil 130

Oil Barrel Crude Oil Operator 130

Enverus

MARCH 20, 2025

By comparing the after-tax levelized cost of energy (LCOE) for solar projects in the interconnection queue with the operational capacity for 2024, optimal PPA prices for 2025 can be determined (see Figure 1). Given this shift, it is crucial for developers on both sides to understand PPA price trends.

Energy 130

Energy Energy Exploration and Production Natural Gas 130

Oilholics Synonymous Report

SEPTEMBER 18, 2024

The first two days of Gastech 2024 have flown by with talking points aplenty and a who's-who of the energy industry in Houston at the city's George R. As Q4 2024 approaches, the US remains world's largest LNG exporter and its largest crude oil producer. To email: journalist_gsharma@yahoo.co.uk Gaurav Sharma 2024.

Natural Gas 130

Natural Gas Energy Energy Gas 130

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 Crude Oil 52

Rigzone: News

FEBRUARY 19, 2025

Petronas signed two production sharing contracts for exploration blocks in the waters of Sabah, the last leases awarded by Malaysia's national oil and gas company under the 2024 bid round.

Exploration and Production 64

Exploration and Production Offshore Oil Gas 64

Oil & Gas 360º

MAY 30, 2025

We are excited to execute on this unique opportunity that is immediately accretive to our per-share metrics and meets our strict criteria for acquisitions high quality acreage with exploration upside, competitive with our current inventory, gained at an attractive price, continued Yacob. About EOG Resources EOG Resources, Inc.

Exploration and Production 130

Exploration and Production Natural Gas Crude Oil Energy 130

Oil & Gas Magazine

MAY 29, 2025

Una vez completada esta transaccin con TotalEnergies, la participacin de Shell en el campo Bonga de Nigeria aumentar del 55 % al 67.5 % Shell , a travs de su filial Nigeria Exploration and Production Company, firm un acuerdo con TotalEnergies para adquirir su participacin del 12.5%

Upstream 102

Upstream Exploration and Production 102

Enverus

MAY 29, 2025

In 2024, 45 GW of solar PV and wind came online. Another 284 GW in the queue doesnt rely on federal incentivesequivalent to over six years of development in 2024s pace. Without the credits, much of the queue becomes economically unviable , with solar PV more dependent than onshore wind. Still, not all regions are equally exposed.

Exploration and Production 195

Exploration and Production Energy Energy Drivers 195

Oil & Gas 360º

APRIL 23, 2025

The assets are located in Reeves County, Texas and had projected full-year 2025 production of approximately 3 Mboe/d (~35% oil). 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.

Basin 130

Basin Operator Completion Energy 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

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

Iraq Business News: Oil & Gas

APRIL 2, 2025

Gulf Keystone Petroleum (GKP) has published details of its payments to governments for the year 2024: Introduction This report sets out details of the payments made to governments by Gulf Keystone Petroleum Ltd and its subsidiary undertakings ('Gulf Keystone') for the year ended 31 December 2024 as required under Disclosure and Transparency Rule 4.3A

Royalty 45

Royalty BBL Exploration and Production Government 45

Rigzone

JUNE 9, 2025

31, 2024, Vermilion said in a news release. The reduction reflects the removal of all remaining exploration and development capital associated with the Saskatchewan and U.S. The quarter includes approximately one month of production associated with the Westbrick acquisition, the company said in its most recent earnings release.

Completion 67

Completion Energy Energy Exploration and Production 67

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 Gas Basin 52

Egypt Oil & Gas

MARCH 25, 2025

Minister of Petroleum and Mineral Resources Karim Badawi presided over the general assembly meeting of the Egyptian Fajr Natural Gas Company to review its fiscal year results for 2024. Besides, the company-owned station in the Banafsag area of New Cairo was inaugurated in 2024.

Natural Gas 52

Natural Gas Gas Petroleum Exploration and Production 52

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

Iraq Business News: Oil & Gas

MAY 8, 2025

Paul Weir, Chief Executive of Genel, said: " In line with expectations, the Tawke PSC continues to deliver consistent, reliable production and generate significant cash flow even at the discounted domestic sales prices.

Energy 97

Energy Energy Exploration and Production Pipeline 97