Basin, E&P and Sustainable - Energy Aggregated

Civeo Announces a 4-Year Contract Renewal in the Australian Bowen Basin with expected revenues of approximately A$250 million

Oil & Gas 360º

JUNE 16, 2025

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Hydraulic Fracturing

Hydraulic Fracturing E&P Basin Crude Oil

U.S. Energy Development Corporation expands Permian footprint acquiring $390 million asset and announces upsized credit facility

Oil & Gas 360º

APRIL 15, 2025

This landmark transaction marks the largest single acquisition in the companys 45-year history and significantly expands its total Permian Basin holdings. These factors position USEDC for sustained, efficient growth and reinforce our commitment to delivering long-term value for our partners. oil and gas properties.

E&P

E&P Exploration and Production Energy Energy

Prairie Operating Co. Reaffirms $1 Billion Reserve Based Lending Facility with Citibank, N.A. Adds Bank of America, N.A. and West Texas National Bank to Syndicate

Oil & Gas 360º

JUNE 9, 2025

(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.

Operator

Operator Natural Gas Basin Oil

Oklahoma Operations of Key Oil & Gas Companies (2025)

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

Operator Gas Oil Basin

Prairie Operating Co. secures strong cash flow with strategic hedging program ahead of market downturn

Oil & Gas 360º

APRIL 10, 2025

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.

Operator

Operator BBL Exploration and Production Basin

Prairie Operating Co. announces 11-well development at Rusch Pad

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

Operator Hydraulic Fracturing Spud-in Natural Gas

The Permian is not done yet

Oil & Gas 360º

MAY 27, 2025

Yet companies tend to seek new growth opportunities all the time to sustain their business, and the prospect of peak growth in the Permian is a real one. Both trends suggest that some formations in the basin are reaching geological constraints, and more drilling isnt necessarily proportionate to the oil volumes produced.

Barrel

Barrel Consulting Oil Basin

The heart of the US oil boom is slowing

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

Oil Barrel Field Basin

Prairie Operating Co. begins completion of the Opal Coalbank Pad, acquired from Bayswater

Oil & Gas 360º

APRIL 28, 2025

(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 it is beginning completions of nine previously drilled but uncompleted (DUC) wells acquired in the recent Bayswater transaction.

Completion

Completion Operator Hydraulic Fracturing Natural Gas

Oil Prices Slide as Market Braces for a Global Reset

Oil Gas Leads

MAY 6, 2025

Diamondback Energy, a bellwether in the Permian Basin, has already pulled back. We need sustainable pricing before committing capital. Weve done an incredible job becoming the worlds largest oil producer, a Texas-based E&P exec said. Were not chasing growth in this environment, a Diamondback spokesperson said.

Oil

Oil Basin Barrel Operator

Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

Oil & Gas 360º

MARCH 10, 2025

Our combined company will include exceptional technical and support personnel from the two companies in both the office and field and an experienced Board of Directors that prioritizes sustainable and profitable growth to generate strong returns for our combined shareholders.

Energy

Energy Energy Exploration and Production Natural Gas

Chevron Aims for 300K Barrels/Day in Gulf – Ballymore Adds First 75K

Rextag

MAY 5, 2025

By leveraging existing infrastructure, Chevron has significantly reduced both development costs and environmental footprint, underscoring its commitment to efficiency, capital discipline, and sustainability. holding a 60% working interest, with TotalEnergies E&P USA, Inc. owning the remaining 40%.

Barrel

Barrel Exploration and Production Offshore Basin

AI in Reservoir Engineering: How Artificial Intelligence is Transforming Oil & Gas

Novi

FEBRUARY 17, 2025

Building and refining type curves across an asset or basin can take weeks. confirmed that deep learning models, such as LSTMs, outperform traditional forecasting methods across shale basins. Type curves flatten that complexity, often leading to optimistic or misleading forecasts. Beyond accuracy, the workflow itself is slow.

Engineering

Engineering Engineer Gas Oil

Energy Aggregated

Civeo Announces a 4-Year Contract Renewal in the Australian Bowen Basin with expected revenues of approximately A$250 million

U.S. Energy Development Corporation expands Permian footprint acquiring $390 million asset and announces upsized credit facility

Trending Sources

Prairie Operating Co. Reaffirms $1 Billion Reserve Based Lending Facility with Citibank, N.A. Adds Bank of America, N.A. and West Texas National Bank to Syndicate

Oklahoma Operations of Key Oil & Gas Companies (2025)

Prairie Operating Co. secures strong cash flow with strategic hedging program ahead of market downturn

Prairie Operating Co. announces 11-well development at Rusch Pad

The Permian is not done yet

The heart of the US oil boom is slowing

Prairie Operating Co. begins completion of the Opal Coalbank Pad, acquired from Bayswater

Oil Prices Slide as Market Braces for a Global Reset

Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

Chevron Aims for 300K Barrels/Day in Gulf – Ballymore Adds First 75K

AI in Reservoir Engineering: How Artificial Intelligence is Transforming Oil & Gas

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