Remove Basin Remove Energy Remove IT
article thumbnail

Angola's First Major Gas Discovery Could Anchor Its $150 Billion Strategy

OilPrice

Azule Energy, a joint venture between BP Plc (NYSE:BP), Eni S.p.A. Angola has made a major natural gas discovery, marking a breakthrough in the country’s efforts to diversify its fossil fuel production.

article thumbnail

Mach Natural Resources LP Announces Transformative Acquisitions in the Permian Basin and San Juan Basin

Oil & Gas 360º

(Oil & Gas 360) – Publisher’s Note: Mach Natural Resources will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown , August 17-20, 2025. With this step, we significantly enhance our scale and gain strategic multi-basin positioning, all while maintaining a resilient balance sheet.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

One of Wyoming’s largest oil producers drilling its first 3-mile well

Oil & Gas 360º

Publisher’s Note: Anschutz Exploration will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown , August 17-20, 2025. But in formations like those found in the Powder River Basin (PRB), the oil and gas often sit in thin, horizontal layers of rock. Anschutz Exploration Corp.,

IT
article thumbnail

Kenya Plans to Launch Crude Oil Exports in 2026

OilPrice

Kenya hopes it will begin commercial crude oil production and exports next year, Opiyo Wandayi, Cabinet Secretary for Energy and Petroleum, said on Monday, as companies are finalizing an asset sale and development project plans for an onshore resource basin.

article thumbnail

Neuquén basin production grows, accounts for over 70% of Argentina’s oil and gas output

Oil & Gas Journal

In May—the latest month with full basin-level data—production in Neuqu é n reached 538,000 b/d of oil and 107 million cu m/day of natural gas. In May, 62 new wells were connected in the basin, and 1,968 frac stages were completed in June—66% by YPF. million cu m/day, followed by YPF at 18.4

article thumbnail

What’s New: Mach Enters Permian, San Juan Basins With $1.3 Billion in Deals

Rextag

These acquisitions will give the Anadarko Basin-centered independent producer its first significant footholds in the Permian and San Juan basins, through the purchase of assets from Sabinal Energy and entities managed by IKAV Energy. Mach Natural Resources has signed two definitive agreements totaling $1.3

article thumbnail

EOG Resources $5.6B Bet on the Utica: What It Could Mean for the Wider M&A Market 

Enverus

This landmark deal not only reshapes EOG’s portfolio but also sends ripples through the broader energy M&A landscape, signaling a shift in where, and how, operators are seeking growth. Historically, EOG has favored organic growth, focusing on early-entry positions in core shale plays like the Delaware Basin and Eagle Ford.

IT