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is pleased to announce that Ron Gusek, CEO of Liberty Energy and Amerino Gatti, Executive Vice President of Oilfield Services & Equipment for Baker Hughes have been confirmed as keynote speakers at EnerCom Denver – The Energy Investment Conference. (Oil Gatti served on the Board of Helix Energy Solutions Group, Inc.
(Oil Price) – As if WTI oil prices in the low $60s per barrel aren’t enough to slow production growth at America’s top producing shale basin, the Permian, new guidelines for permitting saltwater disposal wells could raise the costs for operators, especially smaller producers with limited resources.
(Oil & Gas 360) – Publisher’s Note: CanCambria Energy will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown , August 17-20, 2025. CanCambria Energy Corp. About CanCambria Energy Corp. CanCambria Energy Corp. Register to attend.
(Oil & Gas 360) – HOUSTON , June 17, 2025 /PRNewswire/ — Talos Energy Inc. (“Talos” or the “Company”) (NYSE: TALO) today announced its enhanced corporate strategy designed to position the Company as a leading pure-play offshore exploration and production company. Build a long-lived, scaled portfolio.
Senegals Petrosen and Mauritanias SMH worked alongside bp and Kosmos Energy to develop the Greater Tortue Ahmeyim LNG project situated on the maritime border of the two countries and producing first LNG in January 2025. UNOC is also advancing exploration in the Moroto-Kyoga basins, with preliminary studies aimed at uncovering new oil fields.
(Oil & Gas 360) – Join us as we celebrate three decades of bringing together the energy industry’s companies, investors, analysts, and industry leaders. Don’t miss the celebration, sponsorship opportunities are still available. The conference kicks off with the annual Charity Golf Tournament on Sunday, August 17th.
Energy Development Corporation (USEDC), a Fort Worth-based exploration and production company focused on developing oil and gas projects for itself and its partners, has acquired ~20,000 net acres in Reeves and Ward Counties, Texas. from $165 million to $300 million Fort Worth, TX U.S. oil and gas properties.
(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.
(World Oil) –Crescent Energy has closed the sale of its non-operated Permian basin assets to a private buyer for $83 million in cash, the company announced Tuesday. The assets are located in Reeves County, Texas and had projected full-year 2025 production of approximately 3 Mboe/d (~35% oil).
The M&A market was a hot topic at this year’s EVOLVE Conference, where we heard from industry experts discussing “ The Next Act for Energy M&A. However, this surge was largely driven by a single player: Diamondback Energy. Private equity funding for E&P ventures has dropped sharply, especially outside the Permian.
Nasdaq: PROP) (the “Company” or “Prairie”), an independent energy company engaged in the development and acquisition of oil and natural gas resources in the Denver-Julesburg (DJ) Basin, today announced the reaffirmation of its multi-year Reserve-Based Lending (“RBL”) credit facility with Citibank, N.A., its lead arranger. “The
There’s been a surge in E&P interest in the Utica Shale’s volatile oil window the past couple of years, and EOG Resources has been particularly optimistic about its potential for producing large volumes of condensate, the lightest of superlight crude oils. billion, including the assumption of EAP’s debt.
Atlanta-based RPC, oil and gas services company, said recently it acquired Pintail Alternative Energy, which does business as Pintail Completions, for $245 million ($170 million cash). The Midland company is a leading provider of oilfield wireline services in the Permian Basin.
(Oil & Gas 360) Publisher’s Note: Zephyr Energy plc will be presenting at the EnerCom Denver – The Energy Investment Conference held at the Westin Denver Downtown on August 17-20, 2025. Register to attend. is expected to conclude in the coming days with initial test results available shortly thereafter.
(Oil & Gas 360) –April 17, 2025, Calgary, Alberta, Canada Reconnaissance Energy Africa Ltd. ReconAfrica has entered into a Memorandum of Understanding (MOU) with ANPG for a joint exploration project in the Etosha-Okavango basin, located onshore in southeastern Angola. ANPG is Angolas national concessionaire and regulator.
Publisher’s Note: New Era Helium will present at EnerCom DenverThe Energy Investment Conference on August 17-20, 2025. Register to attend. Oil & Gas 360) –MIDLAND, TexasApril 29, 2025. New Era Helium, Inc. The Company remains committed to begin helium sales in late Q4 2025, pending timely construction progress.
(Investing) –NEW YORK – Global commodities trader Vitol is exploring a sale of its VTX Energy Partners business, in a deal that could value the U.S. oilfield resulted in many unlisted energy producers being scooped up by listed peers seeking to boost their scale. VTX is Vitols second U.S. billion.
However, activity was disproportionately driven by one company, Diamondback Energy. Diamondback set a record in the Permian Basin with its acquisition of Double Eagle IV. Upstream M&A opened 2025 with $17 billion in deal value, the second-best start to a year since 2018.
Calgary, Alberta (April 23, 2025) Enverus Intelligence Research (EIR), a subsidiary of Enverus, the most trusted energy-dedicated SaaS company that leverages generative AI across its solutions, is releasing its summary of 1Q2025 upstream M&A activity and outlook for the rest of the year.
(Oil & Gas 360) –MIDLAND, Texas, June 03, 2025 (GLOBE NEWSWIRE) — Viper Energy, Inc. NASDAQ:VNOM) (Viper or the Company), a subsidiary of Diamondback Energy, Inc. Pro forma Viper is now clearly a must-own public mineral and royalty company in North America, with attractive size and scale in the Permian Basin.
(Oil & Gas 360) – Publishers Note: Zephyr Energy plc will be presenting at the EnerCom Denver The Energy Investment Conference held at the Westin Denver Downtown on August 17-20, 2025. Register to attend. With the publication of this announcement, this information is now considered to be in the public domain.
(Oil & Gas 360) – CanCambria Energy Corp. TSXV: CCEC ) ( FSE: 4JH ) is pleased to announce that it has been granted its first drilling permit from the Hungarian Mining Directorate for the CC- Ba-E-2 appraisal well at its 100% owned Kiskunhalas tight gas project in Hungarys Pannonian Basin. About CanCambria Energy Corp.
(Oil & Gas 360) – Publisher’s Note: Zephyr Energy will be presenting at EneCom Denver – The Energy Investment Conference at the Westin Downtown on August 17-20, 2025. The Transaction contemplated by the Agreement positions Zephyr to capitalise on a robust pipeline of opportunities across theWilliston Basin.
Spirit O&G’s acquisition marks a strategic move into mature Permian Basin acreage , consistent with its proven model of optimizing legacy production assets. The PBR status and Permian Basin location make it a strategic fit for Spirit’s PDP-focused operating model. miles on US-87 N, turn right, continue 0.4
(Oil & Gas 360) – Join us as we celebrate three decades of bringing together the energy industrys companies, investors, analysts, and industry leaders! 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.
Below we summarize recent (2024–2025) drilling activity, budget allocations, and production volumes in Oklahoma (primarily the Anadarko Basin and related plays) for six companies: Ovintiv , Mach Natural Resources , Devon Energy , Coterra Energy , Continental Resources , and Mewbourne Oil Company. Sources are cited in brackets.
The energy producer has hired investment bank Moelis & Co to run the sale process for the assets, the sources said, adding that the talks are at an early stage and a deal is not guaranteed. The ConocoPhillips Company is an American multinational corporation. Houston-based ConocoPhillips, which took on about $5.4
(Oil & Gas 360) – Publisher’s Note: Zephyr Energy will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown , August 17-20, 2025. Zephyr’s flagship asset is an operated 46,000-acre leaseholding located in theParadox Basin,Utah. Register to attend.
(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. Chevron and the other U.S.
This report analyzes upstream oil and gas production trends over the last three years, based on data from Rextag Energy DataLink. OXY (Occidental) is the top oil producer , while Expand Energy is a strong gas producer despite minimal oil output. EQT is notable for its gas-heavy production profile.
Kicking off the first large Permian deal of 2025, Diamondback Energy acquired part of the assets of Double Eagle IV for $4.1 Diamondback is one of the largest players in the Permian Basin, second only to Exxon Mobil, based on gross operated oil volumes. [1] 5] Look for opportunities in less consolidated areas or other basins.
(Oil & Gas 360) Vancouver, BC April 15, 2025 CanCambria Energy Corp. His deep industry knowledge and hands-on operational skillset, developed over four decades, will be instrumental in delivering our vision to unlock the full potential of our deep-basin tight-gas project through the drill-bit.”
(Oil & Gas 360) – Publisher’s Note: EOG Resources will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown , August 17-20, 2025. Register to attend. HOUSTON, May 30, 2025 /PRNewswire/ EOG Resources, Inc. ( billion, inclusive of EAPs net debt.
The hedges were executed following the closing of Prairies transformative acquisition of DJ Basin assets from Bayswater Exploration and Production. Prairie continues to advance development across its DJ Basin footprint, including the recently announced 11-well Rusch Pad targeting the Niobrara and Codell formations. bbl WTI and $4.28/MMBtu
(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 In addition, as of December 31, 2023, LACh had 280 million barrels of oil equivalent (MMboe) of P1 reserves according to the Argentine Secretary of Energy (at 100% working interest).
Ballymore is an example of how we are leveraging technology and driving efficiencies to help produce affordable, reliable energy from the deepwater Gulf of America, one of the lowest carbon intensity oil and gas producing basins in the world, said Brent Gros, vice president, Chevron Gulf of America. has 40 percent working interest.
billion for land bridges – combinations of wetlands, ridges and above-water land – to be built across stretches of open water in the Barataria and Lafourche basins. [5] billion for land bridges – combinations of wetlands, ridges and above-water land – to be built across stretches of open water in the Barataria and Lafourche basins. [5]
(Oil & Gas 360) Publisher’s Note: Whitecap Resources will be presenting at the 30th Anniversary EnerCom Denver-The Energy Investment Conference at the Westin Denver Downtown on August 17-20, 2025. times net debt/funds flow, which is expected to continue to further strengthen to 0.8
In the United States, this idea has taken on the character of prophecy, re-emerging every few years with new data, new fears, and new consequences for energy markets. production to historic highs and flipped the country from an energy importer to a net exporter. This American energy renaissance largely occurred in Texas.
But even in the mighty Permian Basin, which turned the United States into the worlds biggest oil producer, resources eventually deplete. According to a survey of oil companies by the Federal Reserve Bank of Dallas, this break-even point is around $61 per barrel in the Midland Basin, the heart of the Permian, and $65 for the region as a whole.
Houston-based Voyager Interests, private equity firm specializing in energy services and equipment investments, said last week it made a majority investment in Midlands Tejas Completion Services. David Watson, Voyager partner, said March 17, Tejas has built a strong reputation amongst many of the largest E&P operators in the industry.
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.
Both trends suggest that some formations in the basin are reaching geological constraints, and more drilling isnt necessarily proportionate to the oil volumes produced. Of these 18, a handful are the really big players, including Exxon, Chevron, Occidental Petroleum, Diamondback Energy, and EOG. before 2035.
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