Rigzone

JUNE 10, 2025

“The company will deliver a rigless intervention framework that enables Repsol Resources UK to optimize well construction, production, and intervention to maximize plug and abandonment operations”, Halliburton added. The contract also covers decommissioning. announced a deal to consolidate their UK North Sea assets.

Operator 62

Operator E&P Exploration and Production E&A 62

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.

Energy 97

Energy Energy Exploration and Production Pipeline 97

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. The Far South discovery lies just 4 miles north of BPs Constellation field, a testament to the basins dense network of prospects and infrastructure. in Q4 2024.

Oil 52

Oil Upstream Exploration Well Barrel 52

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.

Gas 40

Gas Oil Energy Energy 40

Permian Basin Oil and Gas Magazine

MARCH 27, 2025

How Abandoned Wells Hurt the Oil and Gas Industrys Image One of the most visible and negative images involves plugged wells that are leaking and flowing. A recent SMU study revealed a connection between rising pressures in saltwater disposal (SWD) injection formations and leaks/releases in abandoned wells. As of 2022, the U.S.

Abandonment 59

Abandonment Temporarily Abandoned Exploration and Production Casing 59

Energy Outlook Advisors

MAY 14, 2025

Therefore, high oil price volatility leads to a waste of resources, higher costs, and a deterioration of efficiencies in oil production and consumption. These developments forced policymakers in oil-producing US states such as Louisiana, Oklahoma, and Texas to intervene to ration oil production with the support of the Federal government.

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Exploration and Production Management Oil Government 161

McKinsey

JUNE 11, 2025

In this article, we first explore the challenges credit unions face. Between 2015 and 2024, the share of sales made digitally at US financial institutions rose about 30 percentage points across all products to 36 percent. Then, we outline starting points for how they can turn things around.

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Exploration and Production Completion Field Abandonment 76