Oil & Gas 360º

MARCH 6, 2025

(World Oil) – Libyas oil and gas sector is set for a new era of growth and investment following the announcement of its first exploration bid round in 17 years. This increase in production from existing fields underscores the countrys commitment to stabilizing and expanding its energy supply.

Exploration and Production 130

Exploration and Production Oil Field Offshore 130

Oil & Gas 360º

JUNE 19, 2025

in Mechanical Engineering from the University of Alberta and has held previously roles at Sanjel Corporation, Zodiac Exploration, and Pinnacle Technologies, specializing in hydraulic fracturing in unconventional reservoirs. At Liberty, he focuses on technology innovation, service quality, efficiency, and optimization. Ron holds a B.Sc.

Energy 130

Energy Energy Exploration and Production E&P 130

Oil & Gas 360º

MAY 30, 2025

(World Oil) –Chevron Corp. plans to lay off nearly 800 employees in the Permian basin, its biggest oil-production operation globally. Chief Executive Officer Mike Wirth is looking to reduce structural costs by $3 billion, making the company more efficient and better able to withstand low oil prices.

Basin 130

Basin Operator Oil Barrel 130

Aresco

APRIL 23, 2025

In the high-stakes world of oil and gas exploration, every decision carries weight. For decades, geologists and engineers have relied on traditional methodsmanual interpretation, historical records, and analog simulationsto explore hydrocarbon reserves beneath the Earths surface.

Exploration and Production 104

Exploration and Production Gas Oil Dry Hole 104

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. This reduces our development costs and is expected to drive higher returns for shareholders.

Oil 130

Oil Crude Oil Exploration and Production Natural Gas 130

Oil & Gas 360º

MAY 2, 2025

(Oil Price) –First-quarter earnings at ExxonMobil ( NYSE: XOM ) topped analyst estimates as higher production in the Permian and offshore Guyana offset part of the lower realizations due to falling oil prices. Exxons net production jumped by 20% to 4.6 supermajor generated $13.0 billion for the same period of 2024.

Basin 130

Basin Upstream Oil Offshore 130

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.

Basin 130

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%

E&P 130

E&P Exploration and Production Oil Field 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.

Exploration and Production 130

Exploration and Production Natural Gas Crude Oil Energy 130

Oil & Gas 360º

APRIL 16, 2025

(World Oil) –Vista Energy has acquired Petronas’ 50% stake in a region of the Vaca Muerta shale basin in a deal valued at $1.5 LACh spans across 46,594 acres in the black oil window of Vaca Muerta. As of December 31, 2024, it had 247 wells on production. billion USD.

Oil 130

Oil Barrel Crude Oil Operator 130

Oil & Gas 360º

MAY 27, 2025

(Oil Price) –Back in 2017, oil production in the Permian stood at 2.2 Production growth in the most prolific shale play in the United States has been slowing already as production costs climb higher while oil prices slide lower. Output of crude oil in the play will plateau at 7.7

Barrel 130

Barrel Consulting Oil Basin 130

Oil & Gas 360º

MAY 5, 2025

But even in the mighty Permian Basin, which turned the United States into the worlds biggest oil producer, resources eventually deplete. produced about 5 million barrels of crude oil per day, down by half from the 1970s. On average, production drops by more than two-thirds after one year and 95% after six years.

Oil 130

Oil Barrel Field Basin 130

Oil & Gas 360º

JUNE 5, 2025

(World Oil) – The media are reporting new predictions that oil production in America is in irreversible decline. Apparently, peak oil is back in vogue, like it’s 2005 instead of 2025. And nowhere is that dynamic clearer than in Texas, the powerhouse of American oil and gas. He was right—for a time.

Oil 130

Oil Natural Gas Hydraulic Fracturing Gas 130

Oil & Gas 360º

MAY 20, 2025

(Oil & Gas 360) – Earlier this month, EnerCom met with CanCambria Energy CEO Paul Clarke, PhD, to talk about how the company could transform natural gas markets in Europe through CanCambrias Kiskunhalas drilling project in the Pannonian tight gas basin.

E&P 130

E&P Natural Gas Energy Energy 130

Oil & Gas 360º

APRIL 30, 2025

The seminar covers the basics: geology, petroleum engineering, differences between conventional and unconventional plays, the basics of shale and offshore drilling, the economics of oil and gas exploration and production, geologic storage of CO 2 , and reserves estimations.

Gas 130

Gas Oil Exploration and Production IT 130

Oil & Gas 360º

APRIL 22, 2025

The seminar covers the basics: geology, petroleum engineering, differences between conventional and unconventional plays, the basics of shale and offshore drilling, the economics of oil and gas exploration and production, geologic storage of CO 2 , and reserves estimations.

Gas 130

Gas Oil Exploration and Production IT 130

Oil & Gas 360º

JUNE 3, 2025

mboe/d); Q1 2025 average Permian production of 14.5 existing net DUCs and permits with an average lateral length of ~9,500 feet PRO FORMA HIGHLIGHTS Approximately 85,700 net royalty acres in the Permian Basin; ~43% operated by Diamondback Pro forma Viper owns an average 1.8% mboe/d); Q1 2025 average Permian production of 14.5

Royalty 130

Royalty Energy Energy Basin 130

Oil & Gas 360º

MAY 20, 2025

Hess Bakken Investments, a Hess subsidiary, operates about 483 producing wells in the Williston Basin in which Continental owns a working interest. Hess Corp has a 38% interest in Hess Midstream, which owns oil, gas and produced water handling assets primarily in the Bakken and Three Forks shale plays, Continental said.

Midstream 130

Midstream IT Oil Operator 130

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. This suggests further cost savings and productivity gains across its Lower 48 portfolio.

Basin 52

Basin Exploration and Production Operator Oil 52

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.

Energy 130

Energy Energy Exploration and Production Natural Gas 130

Rextag

JUNE 2, 2025

A Multi-Pronged Strategy to Sustain Growth Beyond Tight Oils Crown Jewel The transformation of the United States into a global energy powerhouse over the past two decades is inseparable from the fracking-led renaissance of the Permian Basin. million b/d of production before reaching a plateau of 7.7 tight oil plays.

Basin 40

Basin Exploration and Production Condensate Oil 40

Oil Gas Leads

MARCH 13, 2025

natural gas production, particularly in the Haynesville Basin, as domestic gas prices surge. CEO Murray Auchincloss, speaking at the CERAWeek conference in Houston, highlighted the companys renewed focus on oil and gas, marking a strategic pivot from its previous emphasis on renewable energy. BP is doubling down on its U.S.

Natural Gas 52

Natural Gas Gas Basin Exploration and Production 52

Aresco

MARCH 13, 2025

AI-powered technologies are enabling companies to optimize operations, enhance oil and gas exploration, and prevent costly disruptions. From predictive maintenance to real-time data analytics, AI solutions are revolutionizing how oil and gas companies operate, analyze vast amounts of data, and reduce risk across the board.

Gas 95

Gas Oil Exploration and Production Maintenance 95

Oil & Gas 360º

APRIL 7, 2025

The figures a year ago included 689 oil wells, 183 gas wells and 19 dry holes. The three Permian basin districts7C, 8 and 8Acomprised 67.3% The distribution of wells in these categories was roughly the same in March, as it was in January. Compared to March 2024, last months activity was 20.3% of all drilling in the state during March.

Dry Hole 130

Dry Hole Basin Oil Gas 130

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. Each sector has distinct activities and focuses on specific aspects of the overall oil and gas supply chain. What is oil and gas upstream midstream downstream?

Downstream 52

Downstream Midstream Upstream Exploration and Production 52

Oil & Gas 360º

APRIL 28, 2025

It covers the basics: geology, petroleum engineering knowledge, differences between conventional and unconventional plays, the basics of shale and offshore drilling, the economics of oil and gas exploration and production, geologic storage of CO 2 , and reserves calculations.

Gas 130

Gas Oil Petroleum Engineering 130

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?

Basin 40

Basin Oil Gas Exploration and Production 40

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.

Barrel 52

Barrel Exploration and Production Offshore Basin 52

Drillers

MARCH 24, 2020

Recently, the Nigerian government demanded more than $60 billion in back royalties under a production sharing agreement with the supermajors operating in the country. History of oil in Nigeria Oil was first discovered in Nigeria in the mid-1950s after decades of fruitless exploration. How did this happen?

Oil 52

Oil Royalty Exploration and Production Government 52

Pro-Gas Services

MAY 10, 2025

Natural Gas Liquids (NGLs), including ethane, propane, butanes, and natural gasoline, are vital to numerous aspects of modern life, serving as essential fuels and feedstocks for a vast array of products, from plastics to clean-burning energy sources. This enhanced NGL recovery directly benefits operations in liquids-rich DFW basins.

Natural Gas 52

Natural Gas Gas Condensate Exploration and Production 52

Oil & Gas 360º

MAY 19, 2025

(Oil Price) –The decline in oil prices and the prevailing uncertainty about the economy, trade, and supply chains are accelerating the peak in U.S. oil production despite President Donald Trumps drill, baby, drill slogan. oil production is being accelerated and could be sooner than previously expected.

Oil 130

Oil Crude Oil Barrel Basin 130

Oil & Gas 360º

APRIL 9, 2025

Earlier this week, during a Permian basin golf tournament, American shale drillers let their frustrations with the Trump administration be known, according to a Bloomberg report. For shale drillers, this translates into a dangerous loss of demand for crude oil that will not be able to support current drilling, let alone any expansion.

Crude Oil 246

Crude Oil Oil Basin Casing 246

Oil & Gas 360º

MAY 2, 2025

oil producer posted adjusted earnings of $3.8 Chevrons global oil production totaled 3.35 million barrels of oil equivalent per day (boepd), flat from the same period last year. Earnings from oil and gas production were $3.76 Those gains were offset by loss of production from asset sales.

Oil 130

Oil Downstream Operator Maintenance 130

Oil & Gas 360º

JUNE 11, 2025

(World Oil) – The U.S. sees domestic crude production declining next year for the first time since 2021 in a blow to U.S. The production forecast for next year represents a drop of 120,000 bpd from the agency’s previous projections in May. saying production has already peaked.

Oil 130

Oil Exploration and Production Drilling rig Barrel 130

Oil & Gas 360º

MARCH 13, 2025

The United States already became the worlds top oil and gas producer under former President Joe Biden. Energy Information Administration expects crude oil production to rise to a new record average of 13.61 oil prices are currently around $68 a barrel. million barrels per day (bpd) in 2025 and climb further to 13.76

Energy 130

Energy Energy Oil Crude Oil 130

Aresco

NOVEMBER 18, 2024

Investors are turning to private oil and gas companies, such as Aresco LP , to explore direct investments in exploration and development projects. For many in the industry, these policies limited growth and deterred investment in domestic energy production. interests domestically and abroad. Over the past few years, U.S.

Gas 52

Gas Oil Exploration and Production Energy 52

Aresco

NOVEMBER 7, 2024

As the transition period unfolds, industry leaders are preparing for a pro-energy administration that prioritizes domestic production, balanced regulation, and strategic infrastructure investments. crude oil production became number one in the world , surpassing Saudi Arabia and Russia. In 2018, U.S. In 2018, U.S.

Gas 52

Gas Exploration and Production Oil Crude Oil 52