Oil & Gas 360º

APRIL 28, 2025

(Oil & Gas 360) Opal Coalbank consists of nine DUC wells on track for production this summer Previously announced drilling of Rusch Pad ahead of schedule Recently announced strategic hedging program in the money by ~$70 million HOUSTON, TX, April 28, 2025 (GLOBE NEWSWIRE) — Prairie Operating Co.

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Oil & Gas 360º

MAY 7, 2025

During the production test, the well was tested at multiple flow rates in order to gather data to determine the flow capacity of the well, to provide an early estimate of potential resource volumes, and to obtain high quality fluid samples. the “Paradox project”). Water cut was less than 0.5%

Energy 147

Energy Energy Exploration and Production Condensate 147

Permian Basin Oil and Gas Magazine

MAY 16, 2025

Austin-based Greenlake Energy announced last week the formation of Greenlake Energy II, its newest exploration and production platform, backed by more than $200 million in equity commitments from NGP Energy Capital Management and Greenlakes management.

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Exploration and Production Basin Energy Energy 59

Oil & Gas 360º

APRIL 1, 2025

(NYSE American: REI) (Ring or the Company) announced that it has completed its previously-announced acquisition (the Transaction) of the Central Basin Platform (CBP) assets of Lime Rock Resources IV, LP (Lime Rock) on March 31, 2025. ABOUT RING ENERGY, INC. Ring Energy, Inc. For additional information, please visit www.ringenergy.com.

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Basin Energy Energy Exploration and Production 130

Oil & Gas 360º

MARCH 10, 2025

Boosting production Major oil producers in Africa are striving to boost production and NOC-IOC collaboration is at the forefront. Algerias Sonatrach will increase hydrocarbon production by 2.5% Algerias Sonatrach will increase hydrocarbon production by 2.5%

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Oil & Gas 360º

APRIL 15, 2025

TSXV: CCEC) (FSE: 4JH) (CanCambria or the Company) today announced the appointment of Eric Vaughan as Vice President of Drilling and Completions, effective immediately. (Oil & Gas 360) Vancouver, BC April 15, 2025 CanCambria Energy Corp.

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Completion Energy Energy Exploration and Production 130

Oil & Gas 360º

APRIL 21, 2025

(Oil & Gas 360) –HOUSTON(BUSINESS WIRE) Chevron Corporation ( NYSE: CVX ) announced today that it started oil and natural gas production from the Ballymore subsea tieback in the deepwater Gulf of America. Chevron is a leading leaseholder in the Gulf and continues to actively pursue opportunities for growth in the basin.

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Oil Crude Oil Exploration and Production Natural Gas 130

Oil & Gas 360º

JUNE 11, 2025

With offices in Dallas and Houston, NSAI provides a complete range of geological, geophysical, petrophysical, and engineering services and has the technical experience and ability to perform these services in any of the onshore and offshore oil and gas producing areas of the world.

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Energy Energy Management E&P 130

Oil & Gas 360º

APRIL 9, 2025

(Oil Price) – Chevron will boost the so-called triple fracs fracturing three wells with one frac spread at one time to more than half of its wells in the Permian basin, a Chevron executive told Reuters , amid efforts to reduce the costs and times of fracking at the worlds top shale basin. According to the top U.S.

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Oil & Gas 360º

APRIL 2, 2025

(BOE Report) – ConocoPhillips is exploring the sale of oil and gas assets in Oklahoma that it inherited from its $22.5 billion of Marathons debt as part of the acquisition, has already disposed of assets worth more than $1 billion since it completed the Marathon deal in November.

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Basin Natural Gas Oil Operator 130

Rigzone

JUNE 10, 2025

“It offers significant long-term potential, with access to over 7 trillion cubic feet of natural gas resources and future opportunities for production capacity expansion”, Malaysia’s state-owned Petronas said then. In the chemicals sector, the five-year plan aims to build a top-three player. billion.

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Gas Natural Gas Exploration and Production Completion 95

Permian Basin Oil and Gas Magazine

MAY 16, 2025

Oklahoma City-based Riley Exploration Permian said last week it acquired Silverback Exploration, a largely undeveloped asset in New Mexico, for $142 million (cash) to add 5,000 boed of production and more than 300 gross undeveloped locations. The company completed 6.3 net wells in 1Q.

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Exploration and Production Upstream Midstream Basin 52

Rigzone

JUNE 16, 2025

Image by Philipp Pelka via iStock DNO ASA said it has completed its acquisition of Sval Energi Group AS from HitecVision for cash consideration of $450 million based on an enterprise value of $1.6 DNO completed a private placement of $400 million of subordinated hybrid bonds with a coupon rate of 10.75

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Energy Energy Exploration and Production Field 67

Oil & Gas 360º

MAY 29, 2025

In addition, the Company also provides initial results related to hydrocarbon production in the first quarter of 2025 (“Q1”)from its non-operated asset portfolio in theWilliston Basin,North DakotaandMontana,U.S.(the With the publication of this announcement, this information is now considered to be in the public domain.

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BCF Energy Energy Condensate 130

Oil & Gas 360º

MAY 30, 2025

This acquisition combines large, premier acreage positions in the Utica, creating a third foundational play for EOG alongside our Delaware Basin and Eagle Ford assets, said Ezra Y. Pro forma production totals 275,000 barrels of oil equivalent per day creating a leading producer in the Utica shale play.

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Exploration and Production Natural Gas Crude Oil Energy 130

Novi

JULY 30, 2024

As an operator decides between 440, 660, or 880 foot spacing, what are the production impacts in each scenario? What about varying completions alongside spacing? In this series, we will explore the reasons behind these limitations, and the corrective solutions implemented by Novi algorithms.

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Basin Exploration and Production Oil Completion 52

Enverus

APRIL 17, 2025

This blog explores how AI in oil and gas can be a game-changer for small and mid-sized operators and what tools they can use to increase their bottom line. Smaller operations companies can leverage these tools to remain competitive and explore growth opportunities.

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Operator Gas Oil Exploration and Production 130

Oil Gas Leads

MARCH 13, 2025

The Permian Basin continues to see significant shifts in ownership as oil and gas operators refine their asset portfolios. One such transaction involves Scout Energy Management LLC , which has acquired multiple production facilities from ConocoPhillips in Pecos and Reeves counties, Texas. domestic energy production.

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Basin Management Energy Energy 52

Oil Gas Leads

MARCH 26, 2025

One of the most innovative approaches Coterra is utilizing is its ‘row developments’ strategy , particularly in the Permian Basin. Coterra’s operations in the Permian Basin leverage their highly contiguous acreage position to implement sizable and highly efficient projects known as row developments.

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Basin Consulting Completion Exploration and Production 52

Oil & Gas 360º

APRIL 2, 2025

The first well was spud on April 1, 2025, utilizing Precision E-Drilling Rig 461, as part of the Companys continued strategy to expand production and enhance operational efficiencies in the Denver-Julesburg (DJ) Basin. Drilling is expected to be completed by early June, with hydraulic fracturing commencing shortly after.

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Oil & Gas 360º

APRIL 7, 2025

The three Permian basin districts7C, 8 and 8Acomprised 67.3% The total includes 613 to drill new oil or gas wells, 15 to re-enter plugged wellbores, 5 field transfers, 1 reclass and 62 for re-completion. The distribution of wells in these categories was roughly the same in March, as it was in January. in February, 72.4% in March 2024.

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Oil Gas Leads

MARCH 7, 2025

ConocoPhillips provided significant insights into its Permian Basin operations during its Q4 2024 earnings call, highlighting efficiency improvements, capital discipline, non-core asset sales, and potential growth opportunities tied to increasing U.S. power demand. “At flat activity, we can grow the Lower 48 business.

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Basin Exploration and Production Oil Operator 52

Oil Gas Leads

MARCH 13, 2025

natural gas production, particularly in the Haynesville Basin, as domestic gas prices surge. Haynesville Basin: The Right Time to Ramp Up The Haynesville Basin, located in eastern Texas and northwestern Louisiana, has long been a critical natural gas-producing region. BP is doubling down on its U.S. million and 2.5

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Natural Gas Gas Basin Exploration and Production 52

Oil & Gas 360º

APRIL 10, 2025

Prospect I is located onshore Namibia in Petroleum Exploration Licence 073 (“PEL73”) and is the Company’s largest prospect to be drilled so far. The results of the Naingopo exploration well announced in January 2025 increased our confidence in the potential for Prospect I.

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Exploration Well Petroleum Spud-in Exploration and Production 130

Oil & Gas 360º

MAY 13, 2025

The Program Area consists of counties located in theWilliston Basin, although both parties may consider opportunities in otherRocky Mountainbasins upon mutual consent. The Transaction contemplated by the Agreement positions Zephyr to capitalise on a robust pipeline of opportunities across theWilliston Basin.

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Energy Energy Basin Operator 130

Oil & Gas 360º

MAY 21, 2025

The presenting company lineup as of May 21, 2025, includes: Advantage Energy (TSX: AAVVF) Amplify Energy (NYSE: AMPY) Anschutz Exploration Armstrong Oil & Gas APA Corp. The Company also owns non-operated interests in the Central Rockies, including the Denver-Julesburg Basin and the Powder River Basin.

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Energy Energy Exploration and Production Management 130

Oil & Gas 360º

MARCH 10, 2025

” Strategic Rationale Solidified Position Within the Large-Cap Universe: The combined company will have an enterprise value of $15 billion 1 and 370,000 boe/d 2 (63% liquids) of corporate production with significant overlap across both unconventional and conventional assets. million acres in Alberta.

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Energy Energy Exploration and Production Natural Gas 130

Rextag

JANUARY 29, 2025

Upon completion, the merged entity will hold an enterprise value of roughly $3.8 Maverick, based in Houston, focuses on oil and gas production primarily in Texas and Oklahoma, including assets in the Western Anadarko Basin. energy production spanning Texas and New Mexico. billion, including debt.

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Energy Energy Basin Barrel 40

Oil Gas Leads

APRIL 30, 2025

With improving natural gas prices and a reinforced drilling program, the company is clearly positioning itself as a cost-efficient, technologically adept player in one of North America’s premier gas basins. Production Holds Steady Natural gas production: 115 Bcf Oil production: 10 Mbbls Total production volume: 115.1

Natural Gas 52

Natural Gas Midstream Basin Exploration and Production 52

Novi

JULY 19, 2024

The highlights and links to the papers are here: Enhancing Production Efficiency: The Impact of Precision Targeting in the Midland Basin We highlighted the production and economic effects of the landing zone and the benefits of landing wells in the top half of the Lower Spraberry Shale or high in the Jo Mill.

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Exploration and Production Basin Operator Oil 52

Permian Basin Oil and Gas Magazine

APRIL 14, 2025

You are probably aware that the water problem in the Permian Basin is direit is the desert, after all. This leads to a bifurcated situation: what is the sustainability of current methodologies for disposal, and what are the infrastructures and processes in place to take a product once regarded as waste and turn it into an asset?

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Basin Exploration and Production Barrel Disposal Well 96

Oil Gas Leads

APRIL 10, 2025

April 2025 Midland, Texas New Height Energy, LLC, a growing player in the Permian Basin, has officially acquired 25 air permits from SM Energy Company, marking a significant operational expansion in Howard County , near Big Spring, Texas. Whats Included in the Transfer?

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Basin Energy Energy Exploration and Production 52

Rextag

FEBRUARY 24, 2025

Over the past two years, 2023 and 2024, production levels have soared, investment strategies have shifted, and new regulatory frameworks have emerged. Now, as we step into 2025 , the industry faces critical questions : Which basins will see the most growth? How will new policies impact production and investment strategies?

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Basin Oil Gas Exploration and Production 40

Novi

OCTOBER 22, 2024

In part 2 , we created a data-driven model using 11,176 wells from the Delaware Basin and features representing geology, completion intensity, spacing, and timing. Directionally, the model learns the correct relationship between spacing and production, but the magnitude of penalty for tight spacing is insufficient.

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Exploration and Production Basin Completion Field 52

Rextag

MAY 5, 2025

Chevron Corporation, one of the worlds leading integrated energy companies, has announced the start of oil and natural gas production from the Ballymore subsea tieback project, located in the deepwater Gulf of America. This reduces our development costs and is expected to drive higher returns for shareholders.

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Barrel Exploration and Production Offshore Basin 52

Aresco

OCTOBER 25, 2023

Upstream Midstream Downstream are terms commonly used in the oil and gas industry to describe different stages of the production and distribution process. Downstream is the refining and processing phase, where crude oil is transformed into refined products and chemicals. What is oil and gas upstream midstream downstream?

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Downstream Midstream Upstream Exploration and Production 52

Oil Gas Leads

APRIL 29, 2025

Three key themes emerged from the update: major exploration success in the Gulf of Mexico, oil price commentary, and a demonstration of financial resilience. This shorter cycle time from drilling to production optimizes capital efficiency and improves returns. BPs internal planning assumptions currently model Brent crude at $71.50

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