Oil & Gas 360º

JUNE 19, 2025

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.

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Energy Energy Exploration and Production E&P 130

Oil & Gas 360º

JUNE 18, 2025

(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.

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OilPrice

MAY 21, 2025

r basin in Turkeys southeast has a reserve of 6.1 billion barrels of shale oil, Turkish Energy and Natural Resources Minister, Alparslan Bayraktar, has said. Turkey's current annual (crude) oil import amounts to 365 million barrels. Continental Resources, the U.S. shale producer, has estimated that the Diyarbak?r

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Oil Crude Oil Barrel Basin 259

Permian Basin Oil and Gas Magazine

JUNE 6, 2025

Onshore crude oil production in U.S. Energy Information Administration, driven by growth in tight oil production in Permian Basin. Onshore production includes both legacy oil production primarily from vertically drilled wells and newer tight oil production primarily from horizontally drilled wells.

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Basin Oil Crude Oil Gas 52

Oil Gas Leads

JUNE 20, 2025

The Permian Basin is best known as the beating heart of U.S. oil production. Driven by the electrification of oil & gas operations , midstream expansion, and rising residential demand, the Permian is now among the largest contributors to U.S. power demand growth —and it’s just getting started. Breaking Down the 7.5

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Basin Midstream Energy Energy 52

OilPrice

JUNE 3, 2025

Viper Energy, a subsidiary of Diamondback Energy, will buy mineral and royalty company Sitio Royalties Corp in an all-equity deal valued at around $4.1 Sitio is a pure-play mineral and royalty company that acquires quality oil and gas mineral and royalty interests in productive U.S. billion, including the target companys debt.

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Royalty Royalty Interest Basin Energy 261

Permian Basin Oil and Gas Magazine

JUNE 13, 2025

percent interest in Delaware G&P, Delaware Basin joint venture, from NGP XI Midstream Holdings for $940 million ($530 million cash). Delaware Basin JV owns natural gas gathering and processing facilities in Delaware Basin in west Texas and southeast New Mexico with total processing capacity of more than 700 million cubic feet per day.

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Basin Midstream Natural Gas Crude Oil 59

Oil Gas Leads

JUNE 12, 2025

In a year marked by falling oil prices and industry-wide cutbacks, Permian Resources has emerged as a rare success story. While many oil and gas giants slipped in the Forbes Global 2000 rankings amid a 15% drop in crude prices and rig reductions across the U.S., this young, fast-growing operator made its debut at No. 1762 in 2025.

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Basin Operator Oil Gas 52

Oil & Gas 360º

JUNE 16, 2025

Skip to content Oil & Gas Exploration & Production (E&P) Crude Oil Natural Gas LNG Coal Refined Products Offshore Midstream Regulatory Transportation Commodities Oilfield Services Hydraulic Fracturing Drilling Water Regions Canada Mexico United States Asia & Australia Europe Africa South America Middle East Russia Finance Mergers, (..)

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Hydraulic Fracturing E&P Basin Crude Oil 130

Oil & Gas 360º

JUNE 11, 2025

(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.

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Energy Energy Management E&P 130

OilPrice

MAY 29, 2025

Portugal-based energy company Galp expects its oil production in Brazil to jump by 40% in the coming years as a new major field is set to begin production later in 2025, Nuno Bastos, EVP Upstream, has said. The Portuguese firms production in Brazil is about 110,000 barrels of oil equivalent per day (boepd) at present.

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Field IT Upstream Basin 276

Oil & Gas 360º

APRIL 23, 2025

(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).

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Basin Operator Completion Energy 130

Enverus

JUNE 10, 2025

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. million net acres and more than two billion barrels of oil equivalent in undeveloped net resource. Key takeaways: EOG re-enters M&A  with a $5.6B

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IT Operator Basin Exploration and Production 130

Marcellus Drilling News

MAY 12, 2025

Coterra Energy, formed by the merger of Cabot Oil & Gas (drills for natural gas in the Marcellus) and Cimarex Energy (drills for oil in the Permian and Anadarko basins), issued its first quarter 2025 update last week. There was a lot of news coming from the update. However, two things stood out for us:

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Natural Gas Basin Oil Gas 230

Oil & Gas 360º

APRIL 1, 2025

( Oil & Gas 360) –THE WOODLANDS, Texas, April 01, 2025 (GLOBE NEWSWIRE) — Ring Energy, Inc. McKinney, Chairman of the Board and Chief Executive Officer, commented, We are pleased to announce the closing of our acquisition of Lime Rocks CBP assets in the Permian Basin. ABOUT RING ENERGY, INC.

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Basin Energy Energy Exploration and Production 130

Rigzone

JUNE 9, 2025

Brent Crude $66.90 +0.65% Natural Gas $3.69 -2.62% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS North America Drops More Rigs by Andreas Exarheas | Rigzone Staff | Monday, June 09, 2025 | 10:13 AM EST North America cut two rigs week on week, according to Baker Hughes' latest North America rotary rig count. Of the total U.S.

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Basin Oil Gas American Petroleum Institute 104

Rigzone

JUNE 20, 2025

The Ahara license, awarded under the North African country’s 2024 bidding round, sits at the “intersection of the prolific Berkine and Illizi Basins”, TotalEnergies said in a press release. Algeria’s national oil and gas company Sonatrach SpA has the majority stake of 51 percent in accordance with Algerian law.

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Exploration and Appraisal Exploration and Production Field Basin 108

Oil & Gas 360º

MAY 5, 2025

(World Oil) –Rising Phoenix Capital, an investment firm specializing in oil and gas mineral royalty acquisitions, have announced a strategic purchase of mineral interests in Ector and Midland Counties, TX, operated by ConocoPhillips.

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Basin Royalty Management Operator 130

OilPrice

MAY 6, 2025

Following our report earlier thatSaudi Arabia has declared a new price waron OPEC+ quota-busters such as Kazakhstan, and non OPEC+ members such as US shale producers, today after the close Diamondback Energy, the largest independent oil producer in the Permian Basin, made a historic pronouncement today when it said thatproduction has likely peaked (..)

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Basin Field Oil Energy 258

Enverus

JUNE 6, 2025

The first quarter of 2025 has seen a remarkable surge in oil and gas mergers and acquisitions (M&A) within the upstream oil and gas sector, with transactions totaling $17 billion. However, this surge was largely driven by a single player: Diamondback Energy. This concentration underscores a broader trend.

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Upstream Operator Basin E&P 130

Oil & Gas 360º

APRIL 1, 2025

(Oil & Gas 360) CanCambria Energy Corp. It is located adjacent to CanCambrias existing Ba-IX mining license (32,500 acres), creating a consolidated, contiguous position within the Pannonian Basin, a mature and historically productive region in southern Hungary. km (233,737 acres) and up to 6,000 m depth from surface.

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Exploration and Production Energy Energy Basin 240

Oil & Gas 360º

JUNE 9, 2025

(Oil & Gas 360) – HOUSTON, TX, June 09, 2025 (GLOBE NEWSWIRE) — Prairie Operating Co. This facility enhances our financial flexibility and supports our ongoing development activity and pursuit of accretive growth opportunities in the DJ Basin.” its lead arranger. “The KeyBank National Association, MUFG Bank, Ltd.,

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Operator Natural Gas Basin Oil 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.

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Operator Gas Oil Basin 52

Malcolm Graham Wood

MAY 7, 2025

Oil fell again last week after Opec+ added to production but has rallied today on fears of a US shale collapse. Good news from Eco Atlantic from the Orange Basin and Star signs a deal with Veolia in geothermal projects. The post Oil price, Zephyr, Angus, Serica, Challenger, Eco Atlantic, Star.

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Oil Basin Energy Energy 173

Oil & Gas 360º

APRIL 15, 2025

(Oil & Gas 360) ~20,000 net acres Significant multi-bench drilling inventory Upsize of USEDCs syndicated revolving credit facility led by Citibank, N.A. This landmark transaction marks the largest single acquisition in the companys 45-year history and significantly expands its total Permian Basin holdings. oil and gas properties.

E&P 189

E&P Exploration and Production Energy Energy 189

Malcolm Graham Wood

APRIL 8, 2025

A small bounce for oil as the worlds markets pause after the recent pain. Today Zephyr has good results from the Paradox Basin and Prospex update on its gas assets in Europe. The post Oil price, Zephyr, Prospex. And finally… appeared first on Malcy's Blog.

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Oil Basin Gas IT 147

Oil Gas Leads

JUNE 12, 2025

The outlook for Western Canada’s heavy oil sector in 2025 is decisively optimistic. This upswing in permits aligns with broader capital plans from oil sands and thermal oil producers signaling renewed confidence in long-cycle heavy oil assets. Maximize volumes, minimal downtime Suncor Energy 765–785K ~6.2

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Oil Basin BBL Operator 52

Permian Basin Oil and Gas Magazine

JUNE 20, 2025

A new jobs report released last week by Houston-based Energy Workforce and Technology Council noted the “continued resilience in the energy services sector amid signs of a broader national labor market slowdown.” Total jobs in the energy services sector reached 638,876 in May, including 311,324 in Texas.

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Energy Energy Basin Management 59

Offshore Engineer

JUNE 18, 2025

Australian oil and gas company Karoon Energy has secured interest in six blocks in the Santos Basin, offshore Brazil, in the ANP fifth Permanent Offer Bid Round for Concession Contracts…

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Offshore Basin Energy Energy 45

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.

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E&P Natural Gas Energy Energy 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. The Texas success story.

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Oil Natural Gas Hydraulic Fracturing Gas 130

Oil Gas Leads

JUNE 12, 2025

Occidental Petroleum (Oxy), one of the largest producers in the Permian Basin, continues to refine its asset portfolio by divesting select non-core operations in West Texas. miles northeast of Mentone, TX, this facility sits in the heart of the Delaware sub-basin. Morely Hamilton CTB and SWD Permit #145807 – Situated ~2.0

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Basin Energy Energy Field 52

Oil & Gas 360º

APRIL 1, 2025

THE WOODLANDS, Texas, April 01, 2025 (GLOBE NEWSWIRE) — Ring Energy, Inc. NYSE American: REI) (…

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Basin Energy Energy 130

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. Momentum is already building across Libyas energy industry, with several upstream developments demonstrating the countrys renewed focus growth and investment.

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Exploration and Production Oil Field Offshore 130

Rigzone

JUNE 16, 2025

Image by Philipp Pelka via iStock DNO ASA said it has completed its acquisition of Sval Energi Group AS from HitecVision for cash consideration of $450 million based on an enterprise value of $1.6 Sval Energi CEO Halvor Engebretsen will lead the enlarged North Sea business as the managing director for DNO Norge AS, according to the release.

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Energy Energy Exploration and Production Field 67

BOE Report

MAY 20, 2025

oil producer Continental Resources estimates there is a shale oil reserve of 6.1 billion barrels in Turkey’s southeastern Diyarbakir Basin, the Turkish energy minister said. Continental Resources and Turkish national oil company TPAO signed a joint venture agreement in March to develop shale fields in the basin.

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Barrel Oil Basin Crude Oil 110

Oil & Gas 360º

APRIL 17, 2025

(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. million acres in Angola to the existing 6.3

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