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(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.
Most Petroleumengineers would laugh at you if you suggested that you could learn about well production behavior in the Williston from historic production in the Eagleford however that’s exactly what we’re finding after building a “Giga Model” of all the Unconventional oil wells in the Lower 48. (OK The result?
in Mechanical Engineering from the University of Alberta and has held previously roles at Sanjel Corporation, Zodiac Exploration, and Pinnacle Technologies, specializing in hydraulic fracturing in unconventional reservoirs. Gatti earned a degree in mechanical engineering from the University of Alberta, Canada. Ron holds a B.Sc.
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. It complements ReconAfricas activities in Namibia and highlights the potential of the Damara Fold Belt and Rift Basin by adding 5.2
(NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. Today they are recognized as the worldwide leader of petroleum property analysis to industry and financial organizations, and government agencies.
(Oil & Gas 360) – April 22, 2025 – For over 25 years, global petroleum consultancy Netherland, Sewell & Associates, Inc. is a worldwide leader of petroleum property analysis to industry and financial organizations and government agencies. You can sign up at [link] to be notified when more information is available.
(Oil & Gas 360) – April 22, 2025 – For over 25 years, global petroleum consultancy Netherland, Sewell & Associates, Inc. is a worldwide leader of petroleum property analysis to industry and financial organizations and government agencies. You can sign up at [link] to be notified when more information is available.
Oil and Gas 360 April 28, 2023 For over 25 years, global petroleum consultancy Netherland, Sewell & Associates, Inc. is a worldwide leader of petroleum property analysis to industry and financial organizations and government agencies. NSAI) has hosted a series of highly regarded oil and gas property evaluation seminars.
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
Perhaps all four are at work today in the wireline industry in the Permian Basin, but certainly the fourth factor—consolidation—is making itself felt. Pintail is headquartered in Midland and is a leading provider of wireline services in the Permian Basin. It’s been a momentous 2025 for the wireline niche. on April 15.
(NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. Today they are recognized as the worldwide leader of petroleum property analysis to industry and financial organizations, and government agencies.
(NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. Today they are recognized as the worldwide leader of petroleum property analysis to industry and financial organizations and government agencies. www.vitesse-vts.com
We are thrilled to announce thatJeff Loskorn, a senior reservoir engineer with our firm since 2014, has been named a Partner at Cawley, Gillespie & Associates. Jeff has extensive experience evaluating conventional and unconventional resources in every major basin in the United States, with a particular focus on the Permian Basin.
Oxy Low Carbon Ventures, subsidiary of Occidental Petroleum, said recently it has acquired Holocene Climate Corp. Holocene owns liquid, low-temperature direct air capture technology that Occidental said is additive to technology acquired through Carbon Engineering in 2023 for about $1.1 of Knoxville, Tenn.
Prospect I is located onshore Namibia in Petroleum Exploration Licence 073 (“PEL73”) and is the Company’s largest prospect to be drilled so far. The prospective resources shown in theNSAI Report have been estimated using probabilistic methods and are dependent on a petroleum discovery being made.
The 1901 Spindletop gusher in Texas jumpstarted the petroleum age, crashing oil prices. But even in the mighty Permian Basin, which turned the United States into the worlds biggest oil producer, resources eventually deplete. A mere two years later, over-extraction drove the field into decline. That might not be existential.
(NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. Today they are recognized as the worldwide leader of petroleum property analysis to industry and financial organizations, and government agencies.
(NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. Today they are recognized as the worldwide leader of petroleum property analysis to industry and financial organizations and government agencies. www.vitesse-vts.com
(NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. Today they are recognized as the worldwide leader of petroleum property analysis to industry and financial organizations and government agencies. www.vitesse-vts.com
(NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. Today they are recognized as the worldwide leader of petroleum property analysis to industry and financial organizations and government agencies. www.vitesse-vts.com
(NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. Today they are recognized as the worldwide leader of petroleum property analysis to industry and financial organizations and government agencies. www.vitesse-vts.com
(NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. Today they are recognized as the worldwide leader of petroleum property analysis to industry and financial organizations and government agencies. www.vitesse-vts.com
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
Occidental Petroleums latest activity in West Texas signals a powerful story of doing more with less. Despite reducing its full-year capital expenditure guidance by $200 million and cutting domestic operating costs by $150 million in Q1 2025, Oxy continues to maintain and even expand its drilling footprint in the Permian Basin.
Texas Techs faculty members bring extensive expertise in chemical process engineering, separation technologies, and the high-temperature environments required for MSRs. A former chairman of the Permian BasinPetroleum Association, Douglass Robison (center), who is now CEO and President of Natura Resources, confers with two Natura staffers.
Now, as we step into 2025 , the industry faces critical questions : Which basins will see the most growth? oil & gas basins , the leading companies , and market trends using the latest data and forecasts. The Permian Basin remains the top destination for U.S. What are the key companies doing to stay competitive? MMBbl/d.
In addition, the Company also provides initial results related to hydrocarbon production in the first quarter of 2025 (“Q1”)from its non-operated asset portfolio in theWilliston Basin,North DakotaandMontana,U.S.(the Zephyr’s flagship asset is an operated 46,000-acre leaseholding located in theParadox Basin,Utah.
But that growth engine may be running out of steam. According to Occidental Petroleum CEO Vicki Hollub, unless the industry embraces artificial intelligence and carbon capture technologies on a larger scale, domestic oil output could hit a production plateau as early as 2027. Oil Production appeared first on Oil Gas Leads.
Vicki Hollub: Early pilot tests show potential to double shale recovery Occidental Petroleum CEO Vicki Hollub says interest in direct air capture (DAC) is growingsomething that was far from the case a decade ago. In the Permians Midland Basin, Occidental has completed four pilot tests using CO for EOR in shale formations.
According to just-released data from the Environmental Protection Agency, methane emissions across all major oil and gas basins in the U.S. Our Dual-Drive natural gas compression system, in use since 2001, features patented technology that involves both a natural gas engine and an electric motor. In fact, the No.
For that Miller needed to Go downstairs and get an engineer to show you how to cement a well, and then you go and cement a well. Miller did all that, including cementing a well himselfwhich he assures he did under full supervision of an engineer. It is irresponsible to do otherwise. I absolutely believe in this business.
The Permian Basin may soon become ground zero for the convergence of hydrocarbons and high-performance computing. TL;DR Key Takeaways: Operator Strategy Key Quote ExxonMobil Decarbonized gas & CO storage to power data centers Were in early engineering site up by 2028. From West Texas to global LNG markets, top U.S.
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
The Permian basin was the centerpiece of the shale revolution that began nearly two decades ago and spurred the U.S. to become the worlds top oil producer, stealing market share from the Organization of the Petroleum Exporting Countries (OPEC) and other top producers. (BOE Report) – U.S. TAPPED OUT?
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