Barrel and Definition - Energy Aggregated

One of Wyoming’s largest oil producers drilling its first 3-mile well

Oil & Gas 360º

JUNE 25, 2025

I don’t know that we’re up to 3-mile laterals here, but we are definitely doing 2-mile laterals here.” Anschutz produces around 60,000 barrels of oil equivalent per day and adds about 65 new wells a year, Hart Energy reports. million barrels of oil that are technically recoverable resources underlying federal lands.

IT

IT Basin Oil Exploration and Production

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

Rextag

JUNE 10, 2025

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.

Condensate

Condensate Basin Operator Sustainable

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

Rextag

JUNE 26, 2025

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

Midstream

Midstream Condensate Natural Gas Operator

Eni, Sonatrach to Bolster Energy Cooperation

Rigzone

JULY 25, 2025

“In addition, the two companies will strengthen collaboration in the field of renewable energy and energy transition, namely through the definition of new initiatives” The MoU was signed during the Italy-Algeria intergovernmental summit in the presence of Algerian President Abdelmadjid Tebboune and Italian Prime Minister Giorgia Meloni.

Energy

Energy Energy Exploration and Production Natural Gas

Vermilion Energy Completes Exit from USA with Asset Divestment

Rigzone

JUNE 9, 2025

said it has entered into a definitive agreement to sell its U.S. The assets produce approximately 5,500 barrels of oil equivalent (boepd), consisting of 81 percent oil and liquids, and an estimated approximately 10 million barrels of oil equivalent (MMboe) of proved developed producing reserves as of Dec.

Completion

Completion Energy Energy Exploration and Production

Mach Natural to Acquire Assets in Permian, San Juan Basins

Rigzone

JULY 15, 2025

Image by NirutiStock via iStock Mach Natural Resources said it has entered into separate definitive agreements to acquire certain oil and gas assets from Sabinal Energy, LLC and entities owning oil and gas assets managed by IKAV Energy Inc. The combined consideration for both transactions is approximately $1.3 Sabinal is backed by U.S.-based

Basin

Basin Natural Gas Gas Oil

North America Drops More Rigs

Rigzone

JUNE 9, 2025

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

Basin American Petroleum Institute Oil Gas

North America Rig Count Stays Flat

Rigzone

JUNE 24, 2025

Energy Information Administration] basin definition - remains unchanged, 424 rigs. “Nevertheless, we have revised our 2026 crude production forecast up by 40,000 barrels per day, driven by the reported surge in hedging activity as shale drillers aim to lock in higher prices,” they added.

Basin

Basin American Petroleum Institute Oil API

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

OilPrice

MARCH 10, 2025

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), and 370,000 barrels of oil per day (boe/d) of production, 63% of billion (C$15 billion), inclusive of net debt.

Condensate

Condensate Oil Barrel

Viper Energy, Inc., a Subsidiary of Diamondback Energy, Inc., to Acquire Sitio Royalties Corp. in All-Equity Transaction; Increases Base Dividend

Oil & Gas 360º

JUNE 3, 2025

NYSE:STR) (Sitio) today announced that they have entered into a definitive agreement under which Viper will acquire Sitio in an all-equity transaction valued at approximately $4.1 (NASDAQ:VNOM) (Viper or the Company), a subsidiary of Diamondback Energy, Inc. NASDAQ:FANG) (Diamondback), and Sitio Royalties Corp. billion as of March 31, 2025.

Royalty

Royalty Energy Energy Basin

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

Oil & Gas 360º

MAY 12, 2025

million barrels (MMBBL) condensate/natural gas liquids (NGL) net to the company (un-risked). The resulting seismic-derived facies models provide a significant improvement over all older characterization efforts. The CHPE best estimate for Contingent Resource volumes (2C Development Pending) is 627.4 BCF natural gas and 53.2

Gas

Gas Exploration and Appraisal Energy Energy

ReconAfrica provides drilling update on Prospect I

Oil & Gas 360º

APRIL 10, 2025

It is targeting 365 million barrels ofunrisked and 32 million barrels of risked prospective light/medium oil resources (1) , or 1.9 Prospect I is located onshore Namibia in Petroleum Exploration Licence 073 (“PEL73”) and is the Company’s largest prospect to be drilled so far.

Exploration Well

Exploration Well Petroleum Spud-in Exploration and Production

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

Oil & Gas 360º

APRIL 1, 2025

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

Basin Energy Energy Exploration and Production

U.S. Upstream Leads ExxonMobil’s 2025 Strategy — Powered by “Advantaged” Projects

Oil Gas Leads

MAY 2, 2025

This was part of a global 20% increase in production, fueled by: The Pioneer Natural Resources acquisition Continued development in the Permian Basin Structural cost savings and operational efficiencies Permian production alone helped add 767,000 barrels of oil equivalent per day (boe/d) to Exxons total output, a significant portion of its 4.55

Upstream

Upstream Consulting Basin Engineering

My Top 5 Features in Unconventionals Analyst v3.2

Exprodat

AUGUST 6, 2024

The initial version of the tool gained many new users and through our support requests we could see they were making many new and innovative gun barrel plots. These further enhancements really enable you to create the gun barrel diagrams that you need, so that drawing them manually should definitely now be history!

Barrel

Barrel Completion Management Engineering

ReconAfrica announces agreement for joint exploration project in Angola adding 5.2 million acres and significant resource potential along the Damara Fold belt and Rift Basin plays

Oil & Gas 360º

APRIL 17, 2025

It is targeting 365 million barrels of unrisked and 32 million barrels of risked prospective light/medium oil resources (1) , or 1.9

Basin

Basin Petroleum Oil Gas

North America Adds More Rigs Week on Week

Rigzone

JULY 14, 2025

Energy Information Administration] basin definition - decreased by one to 409 rigs. has started to slow down: following growth of 279,000 barrels per day in March and 219,000 barrels per day in April, growth most likely fell below 200,000 barrels per day in May and June,” they said. “Supply growth in the U.S.

Basin

Basin American Petroleum Institute Oil API

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

Oil & Gas 360º

MAY 30, 2025

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.

Exploration and Production

Exploration and Production Natural Gas Crude Oil Energy

Strathcona announces sale of Montney business for $2.84 billion and acquisition of Hardisty Rail Terminal

Oil & Gas 360º

MAY 15, 2025

Strathcona or the Company) (TSX: SCR) is pleased to announce that it has entered into definitive agreements to sell substantially all of its Montney assets for approximately $2.84 This press release contains various references to the abbreviation boe which means barrels of oil equivalent. and www.strathconaresources.com.

BBL

BBL Natural Gas Oil Operator

Amplify Energy and Juniper Capital announce amendment to the merger agreement

Oil & Gas 360º

APRIL 15, 2025

Assuming WTI oil prices at $60 per barrel held flat and Henry Hub gas prices at $3.50 The Companys Board of Directors continues to recommend that shareholders vote FOR the two proposals regarding the merger and identified in the Companys definitive proxy statement. Weighted Average Floor Price ($) $ 3.50 $ 3.58 $ 3.56

Energy

Energy Energy Natural Gas Oil

Drowning in Liability: Court Extends "Waste" Liability to SWD Operator; but preserves the RPO defense

Producer's Edge

APRIL 22, 2025

For every barrel of oil extracted in the Permian Basin, one report estimates that operators typically generate between 4-10 barrels of produced water—resulting in an estimated 3.9 billion barrels of produced water annually in Texas alone.

Disposal Well

Disposal Well Operator Exploration and Production Casing

Taking Carbon Captive

Permian Basin Oil and Gas Magazine

MAY 12, 2025

I think it’s going to vary from formation to formation, but you’re definitely moving other people’s property around, he said. The oil produced through EOR using CO 2 captured from Direct Air Capture not only extends the life of the reservoir but can also be used to produce a net zero barrel of oil.

Abandonment

Abandonment Casing Oil Basin

Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

Oil & Gas 360º

MARCH 10, 2025

The companies have entered into a definitive business combination agreement (the “Agreement”) to combine in an all-share transaction valued at approximately $15 billion , inclusive of net debt 1. Refer to Barrel of Oil Equivalency and Production & Product Type Information in this press release for additional disclosure.

Exploration and Production

Exploration and Production Energy Energy Natural Gas

How Low Could Crude Prices Go—Or Will They Fall at All?

Permian Basin Oil and Gas Magazine

APRIL 28, 2025

The longer-term weekly chart, which sets moving averages below both the 100 and the 200 period, is possibly trending back towards the $65-per-barrel area. How are Capital and Bank Markets Working for O&G?

E&P

E&P Exploration and Production Basin E&A

Harold Hamm: ‘Drill, Baby, Drill’ needs $80 oil

Oil & Gas 360º

MARCH 18, 2025

shale needs much higher oil prices than $50 per barrel, and even higher than the current WTI Crude price in the high $60s, for a drill, baby, drill boom, oil tycoon and Trump campaign donor Harold Hamm says. (Oil Price) –U.S. oil stocks attractive again. New supply is going to drive prices down. With WTI Crude at around $65, the U.S.

Oil

Oil Barrel E&P Energy

Energy Aggregated

One of Wyoming’s largest oil producers drilling its first 3-mile well

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

Trending Sources

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

Eni, Sonatrach to Bolster Energy Cooperation

Vermilion Energy Completes Exit from USA with Asset Divestment

Mach Natural to Acquire Assets in Permian, San Juan Basins

North America Drops More Rigs

North America Rig Count Stays Flat

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

Viper Energy, Inc., a Subsidiary of Diamondback Energy, Inc., to Acquire Sitio Royalties Corp. in All-Equity Transaction; Increases Base Dividend

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

ReconAfrica provides drilling update on Prospect I

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

U.S. Upstream Leads ExxonMobil’s 2025 Strategy — Powered by “Advantaged” Projects

My Top 5 Features in Unconventionals Analyst v3.2

ReconAfrica announces agreement for joint exploration project in Angola adding 5.2 million acres and significant resource potential along the Damara Fold belt and Rift Basin plays

North America Adds More Rigs Week on Week

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

Strathcona announces sale of Montney business for $2.84 billion and acquisition of Hardisty Rail Terminal

Amplify Energy and Juniper Capital announce amendment to the merger agreement

Drowning in Liability: Court Extends "Waste" Liability to SWD Operator; but preserves the RPO defense

Taking Carbon Captive

Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

How Low Could Crude Prices Go—Or Will They Fall at All?

Harold Hamm: ‘Drill, Baby, Drill’ needs $80 oil

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