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. Genel Energy has issued a trading and operations update relating to Q1 2025.
The Energy Law
AUGUST 1, 2007
In Gulf Explorer, LLC v. 6/8/07), the operator completed a well that was plugged and abandoned without reaching payout. A non-participating working interest owner sued, asking the court to declare that its royalty and overriding royalty owners were entitled to their share of production. Clayton WIlliams Energy Inc.
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SmartBrief
MAY 14, 2025
He mastered dozens of instruments, choreographed his shows and oversaw production. According to Harvard Business Review , multitasking can reduce productivity by as much as 40%. A 2022 Gallup study showed that teams with clear goals and expectations outperform others by 20% in productivity and profitability.
The Energy Law
APRIL 12, 2022
In Litel Explorations, LLC v. and Gary Production Company were named as prior operators of the G.A. The Lyon Well was leaking in 2018, which prompted the LDNR to task the current operator (Sandhill Production, Inc.) Sandhill never managed to stop the leak, and it abandoned the well in August 2019. Aegis Development Co.,
Rextag
APRIL 16, 2025
42.5%), drilled the Far South exploration well in Green Canyon Block 584, located in the western Gulf of America approximately 120 miles off the coast of Louisiana. BP plans to drill 1015 exploration wells in 2025, part of a broader ramp-up that includes around 40 wells globally over the next three years. in Q4 2024.
Rextag
MARCH 3, 2025
BP has announced a shift in its energy strategy, moving away from aggressive renewables investments and increasing its oil and gas production spending. To optimize profits, the company will focus on significant oil and gas projects, production expansion, and strategic asset divestments. million and 2.5 million barrels per day by 2030.
The Energy Law
JULY 20, 2018
Gulf Oil Corp. , [1] for determining whether a contract to perform services related to oil & gas exploration on navigable waters is maritime, the Fifth Circuit took up In re Larry Doiron, Incorporated [2] earlier this year in an effort to streamline the test and bring clarity to an area of the law mired in uncertainty.
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