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Enverus unveils 2024 Top 100 Private Operators: A New era of agility, innovation and strategic shifts

Enverus

based on gross operated production, well count and rig movements across last year. This year’s Top 100 list reflects a private operator landscape that’s been shaped by the drastic consolidation of operators over the last two years. Learn more at Enverus.com.

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Venezuela’s PDVSA oil sales abroad hit $17.5 billion in 2024 as exports jump

Oil & Gas 360º

(Investing) – Venezuelan state-run PDVSA’s oil sales abroad in 2024 stood at $17.52 licenses allowing foreign partners to operate in the sanctioned OPEC member. PDVSA’s crude oil and fuel exports averaged 805,500 barrels per day (bpd) last year, according to preliminary data from its 2024 financial and operational results.

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Nigeria’s GEIL exports first crude from new onshore terminal

Oil & Gas 360º

In June 2025, the company lifted its first crude cargo from the newly-constructed facility—the first indigenous onshore terminal constructed in the country in five decades—signaling the start of operations at the terminal. For Nigeria’s marginal fields, the terminal opens new doors for greater operational efficiency.

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Oklahoma Operations of Key Oil & Gas Companies (2025)

Oil Gas Leads

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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Equinor’s Earnings Drop on Lower Oil Prices

OilPrice

Equinor reported on Wednesday an adjusted operating income, its closest metric of core earnings, of $6.53 billion for the second quarter, down by 13% compared to the same period of 2024. Still, the figure is perfectly in line with expectations in an Equinor-provided consensus estimate of 21 analysts.

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New York Reconsiders Upgrades of Gas-Fired Power Plants

Marcellus Drilling News

Danskammer Energy, which had operated a gas-fired peaker power plant along the Hudson River in Newburgh, NY, worked on a project to upgrade the plant since 2018.

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

Oil & Gas 360º

At the time, they classified the Canadian operations as among their more expensive, and therefore less profitable, projects worldwide. Suncor operates a 900-tonne truck at its Fort Hills operation north of Fort McMurray, Alberta, which the company says is the world’s largest hydraulic mining shovel.

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