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TotalEnergies, QatarEnergy Win Exploration License in Algeria

Rigzone

percent stake during the exploration and appraisal phases. Algeria contributed 154 million cubic feet a day of gas and 21,000 barrels per day of liquids to TotalEnergies’ 2024 production, according to the company’s annual report. square miles) onshore Algeria. State-owned QatarEnergy also owns 24.5

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APA Corp., partners complete successful flow test for North Slope exploration well

Oil & Gas 360º

The well performed in line with expectations during the 12-day production test, averaging 2,700 barrels of oil per day during the final flow period, without artificial lift. The results of the flow test indicate significantly higher reservoir quality compared to similar topset discoveries to the west.

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ConocoPhillips Confirms Slagugle Oil Discovery in Norwegian Sea

Rigzone

million barrels of oil equivalent. The second appraisal well, 6507/5-12 S, was drilled about 22 kilometers (13.7 This is the third exploration well in production license 891, awarded in the Awards in Predefined Areas (APA) in 2016, the Directorate said in its notice.

Oil 104
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Pantheon Resources Pushes Ahead with Dubhe-1 Drilling on Alaska’s North Slope

Oil Gas Leads

UK-based explorer Pantheon Resources is moving forward with its Alaska drilling campaign despite recent setbacks at its Megrez-1 exploration well. In May, the company reported that Megrez-1 produced over 2,000 barrels per day of liquids—but no meaningful oil or gas. The well was suspended, and shares dropped to 20.65

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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). To validate these assessments, we are preparing a three-well appraisal program, to commence drilling in the coming months, as we seek strategic funding that preserves shareholder value and maximizes net asset value. BCF natural gas and 53.2

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Genel Energy: Tawke delivering "Significant Cash Generation"

Iraq Business News: Oil & Gas

Results summary ($ million unless stated) 2024 2023 Average Brent oil price ($/bbl) 81 82 Average realised price per barrel 35 47 Production (bopd, working interest) 19,650 12,410 Revenue 74.7 Production costs (17.6) (18.0) EBITDAX1 1.1 Operating loss (52.4) (10.3) Cash flow from operations 66.9 Capital expenditure 25.7 Free cash flow2 19.6

Energy 66