Oil & Gas 360º

APRIL 17, 2025

(the Company or ReconAfrica) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) announces an agreement for a joint exploration project in Angola with the Agncia Nacional de Petrleo, Gs e Biocombustveis or National Oil, Gas and Biofuels Agency (ANPG). ANPG is Angolas national concessionaire and regulator.

Basin 130

Basin Oil Petroleum Gas 130

Enverus

APRIL 23, 2025

Diamondback set a record in the Permian Basin with its acquisition of Double Eagle IV. The private equity sponsored E&P was able to garner such a large premium for its land because high consolidation over the last few years has left few attractive private companies for the public E&Ps to target.

Upstream 162

Upstream E&P E&A Natural Gas 162

Oil & Gas 360º

APRIL 2, 2025

The assets, which comprise operations in the Anadarko basin that spans about 300,000 net acres, are expected to fetch a price of more than $1 billion, the sources said, requesting anonymity as the deliberations are confidential. ConocoPhillips and Moelis declined to comment. Houston-based ConocoPhillips, which took on about $5.4

Basin 130

Basin Natural Gas Oil Completion 130

Oil Gas Leads

JUNE 11, 2025

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.

Operator 52

Operator Gas Oil Basin 52

Oil & Gas 360º

APRIL 10, 2025

(Oil & Gas 360) 85% of the remaining 2025 daily production locked in at $68.27/bbl The hedges were executed following the closing of Prairies transformative acquisition of DJ Basin assets from Bayswater Exploration and Production. bbl WTI and $4.28/MMBtu Prairie Operating Co.

Operator 130

Operator BBL Exploration and Production Basin 130

Oil & Gas 360º

JUNE 5, 2025

As a regulator of the nation’s largest oil and natural gas producing state, I’ve seen these scary headlines many times before, but here’s the good news: they are always wrong. The Permian basin has become one of the most productive oil fields in the world, Fig. Previous inaccurate predictions. The Texas success story.

Oil 130

Oil Natural Gas Hydraulic Fracturing Gas 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. Co-owner TotalEnergies E&P USA, Inc. has 40 percent working interest.

Oil 130

Oil Crude Oil Exploration and Production Natural Gas 130

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.

Operator 130

Operator Hydraulic Fracturing Spud-in Natural Gas 130

Enverus

MARCH 10, 2025

Diamondback is one of the largest players in the Permian Basin, second only to Exxon Mobil, based on gross operated oil volumes. [1] billion deal represents one of the last significant private positions in the Midland Basin and leaves very few remaining opportunities for mid-sized operators to acquire high-quality inventory. [1]

Operator 130

Operator Basin Exploration and Production E&P 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. Yacob, Chairman and Chief Executive Officer of EOG. Akin Gump Strauss Hauer & Feld LLP is also serving as legal counsel to EOG.

Exploration and Production 130

Exploration and Production Natural Gas Crude Oil Energy 130

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. Prairie Operating Co.

Completion 130

Completion Operator Hydraulic Fracturing Natural Gas 130

Oil & Gas 360º

MARCH 20, 2025

(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.

Exploration and Appraisal 130

Exploration and Appraisal Energy Energy E&A 130

Oil & Gas 360º

JUNE 3, 2025

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% at closing at strip pricing and decreasing thereafter; near-term net debt target of $1.5 mboe/d) Approximately 16.1

Royalty 130

Royalty Energy Energy 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. 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.

Oil 130

Oil Barrel Field Basin 130

Oil & Gas 360º

MARCH 10, 2025

The combined company becomes the largest Canadian light oil focused producer and the seventh largest producer in the Western Canadian Sedimentary Basin, with significant natural gas growth potential. times net debt/funds flow, which is expected to continue to further strengthen to 0.8

Energy 130

Energy Energy Exploration and Production Natural Gas 130

Permian Basin Oil and Gas Magazine

JUNE 1, 2025

Diamondback set a record in the Permian Basin with its acquisition of Double Eagle IV. The private equity sponsored E&P was able to garner such a large premium for its land because high consolidation over the last few years has left few attractive private companies for the public E&Ps to target.

Upstream 52

Upstream E&P E&A Natural Gas 52

Oil Gas Leads

MAY 15, 2025

Urban Oil & Gas Group, LLC, a Plano, Texas-based energy investment firm, has recently updated a pipeline operation permit from the Railroad Commission of Texas. miles of natural gas gathering pipelines across Jim Wells, Kleberg, and Nueces counties. miles PA (Pipeline Addition): 27.00 Regulated Miles: 0.00

Pipeline 52

Pipeline Gas Oil Basin 52

Oil & Gas 360º

APRIL 10, 2025

trillion cubic feet of unrisked and 140 billion cubic feet of risked prospective natural gas resources (1) , on a 100% working interest basis, based on the most recent prospective resources report prepared by Netherland, Sewell, & Associates, Inc. (“NSAI”), an independent qualified reserves evaluator.

Exploration Well 130

Exploration Well Petroleum Spud-in Exploration and Production 130

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. holding a 60% working interest, with TotalEnergies E&P USA, Inc. owning the remaining 40%.

Barrel 52

Barrel Exploration and Production Offshore Basin 52

Aresco

OCTOBER 25, 2023

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? Upstream involves locating, surveying, drilling, and extracting crude oil and natural gas from underground reservoirs.

Downstream 52

Downstream Midstream Upstream Exploration and Production 52

Rigzone

JUNE 19, 2025

Brent Crude $78.03 +1.73% Natural Gas $4.04 +1.35% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Petronas Gets New Block offshore Suriname by Jov Onsat | Rigzone Staff | Thursday, June 19, 2025 | 7:53 AM EST The new acreage lies next to Petronas' Block 52, which contains the Fusaea, Roystonea and Sloanea discoveries.

Offshore 62

Offshore Exploration and Production Exploration Well Gas 62

Rextag

APRIL 24, 2025

The Austin Chalkan overlying bench above the Eagle Ford Shaleis fast becoming the next big natural gas growth engine, with operators like EOG Resources, SM Energy, and Magnolia Oil & Gas ramping up development to meet rising LNG demand and domestic needs.

Gas 52

Gas BCF BBL Exploration and Production 52

Rextag

APRIL 24, 2025

The Austin Chalkan overlying bench above the Eagle Ford Shaleis fast becoming the next big natural gas growth engine, with operators like EOG Resources, SM Energy, and Magnolia Oil & Gas ramping up development to meet rising LNG demand and domestic needs.

Gas 40

Gas BCF BBL Exploration and Production 40

Rextag

MAY 8, 2025

billion in Q1 2024, impacted by lower realized oil and gas prices and adjusting items. Natural gas production declined by 4.5%, dropping from 2,364 million cubic feet per day (mmcf/d) in Q1 2024 to 2,258 mmcf/d in Q1 2025. shale basins. shale basins. Operating cash flow was $2.8 billion, sharply down from $5.0

Exploration and Production 40

Exploration and Production Energy Energy Basin 40

Oil & Gas 360º

MARCH 27, 2025

oil producers are grappling with geological limits to production growth as the countrys top oilfield ages and produces more water and gas and less oil and may be nearing peak output. The Permian basin was the centerpiece of the shale revolution that began nearly two decades ago and spurred the U.S. (BOE Report) – U.S.

Oil 130

Oil Basin Barrel Hydraulic Fracturing 130

Oil & Gas 360º

JUNE 20, 2025

Aethon Energy is a private investment firm focused on asymmetric opportunities in onshore energy assets in North America, and has sprawling operations in the Haynesville shale gas basin in East Texas and Louisiana. Aethon Energy Management has been exploring options for its natural gas assets since last year.

Oil 130

Oil Pipeline Management Natural Gas 130

Oil & Gas 360º

MARCH 13, 2025

And a 2024 industry survey by the Federal Reserve Bank of Dallas showed that drillers require oil prices of between $59 and $70 to drill a new well, depending on the basin. To that effect, liquefied natural gas was the star of the conference. The CEO of U.S. Benchmark U.S. oil prices are currently around $68 a barrel.

Energy 130

Energy Energy Oil Crude Oil 130