Remove Barrel Remove Condensate Remove Definition
article thumbnail

Whitecap and Veren Merge to Create US$10-Billion Canadian Light Oil Producer

OilPrice

billion (C$15 billion) deal that will create a leading Canadian light oil and condensate producer, the companies said on Monday. The firms announced that they had entered into a definitive business combination agreement to combine in an all-share transaction valued at approximately US$10.4 billion (C$15 billion), inclusive of net debt.

article thumbnail

EOG Resources Acquires Encino for $5.6B, Expands Premier Utica Shale Position

Rextag

EOG Resources has entered into a definitive agreement to acquire Encino Acquisition Partners (EAP) for $5.6 million net acres and more than 2 billion barrels of oil equivalent (Boe) in undeveloped resources. billion, including net debt, in a transaction that significantly strengthens EOG’s position in the Utica Shale. Why the Utica?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

From West to East: Keyera Builds National NGL Corridor with Plains $5.15B Acquisition

Rextag

announced a definitive agreement to acquire substantially all of Plains All American Pipeline’s Canadian natural gas liquids (NGL) business, along with select U.S. Keyera Corp. assets, for a total cash consideration of C$5.15 billion (US$3.76

article thumbnail

CanCambria Energy Corp announces resource evaluation report for the Kiskunhalas tight-gas project, southern Hungary

Oil & Gas 360º

million barrels (MMBBL) condensate/natural gas liquids (NGL) net to the company (un-risked). MMBBL condensate/NGL. The CHPE best estimate for Contingent Resource volumes (2C Development Pending) is 627.4 billion cubic feet (BCF) natural gas and 66.5 The net risked recoverable contingent resource (2C Development Pending) is 501.9

Gas 130
article thumbnail

North America Drops More Rigs

Rigzone

Energy Information Administration] basin definition - decreased by 6 to 427 rigs. “Consequently, we have revised down our 2025 Permian crude and condensate output by 8,000 barrels per day. Natural gas focused rigs increased by five to 114 rigs, following an increase of one rig week over week last week,” they added.

Basin 104
article thumbnail

Ring Energy announces the closing of the Lime Rock Permian Basin assets acquisition

Oil & Gas 360º

Other companies may use different definitions of Adjusted Free Cash Flow. PV-10 is a non-GAAP financial measure that differs from a financial measure under GAAP known as standardized measure of discounted future net cash flows in that PV-10 is calculated without including future income taxes.

Basin 130
article thumbnail

EOG Resources to Acquire Encino Acquisition Partners from CPP Investments and Encino Energy, Strengthening Premier Utica Asset; Increases Regular Dividend 5%

Oil & Gas 360º

EOG ) today announced a definitive agreement with Canada Pension Plan Investment Board (CPP) and Encino Energy under which EOG will acquire Encino Acquisition Partners (EAP or Encino) for $5.6 Pro forma production totals 275,000 barrels of oil equivalent per day creating a leading producer in the Utica shale play. Register to attend.