Basin, Exploration and Production and Petroleum

BP-Eni JV makes major gas discovery offshore Angola

Oil & Gas 360º

JULY 14, 2025

(Oil Price) – Azule Energy, a joint venture of international majors BP and Eni, has discovered a major natural gas reservoir offshore Angola in the first gas-targeting exploration well in the oil-producing country. Adriano Mongini, CEO of Azule Energy, commented: “This is a landmark moment for gas exploration in Angola.

Offshore

Offshore Gas Exploration and Production Exploration Well

Carnarvon Energy to identify exploration in Bedout sub-basin offshore Western Australia

Oil & Gas Journal

JULY 25, 2025

· Carnarvon will identify an exploration target offshore WA after completing Bedout Mega Merge seismic reprocessing. · Carnarvon will identify an exploration target offshore WA after completing Bedout Mega Merge seismic reprocessing. He is a member of the Society of Petroleum Engineers (SPE). Carnarvon Energy Ltd.

Basin

Basin Offshore Exploration and Appraisal Exploration and Production

Bridging the Data Gap: How Transfer Learning Revolutionizes Production Forecasting in Frontier Basins

Novi

JULY 23, 2025

As major North American unconventional plays approach maturity, the industry faces a critical challenge in sustaining production levels and reserve replacement. This blog post is based on the technical paper “Can Transfer Learning Be Used to Forecast Production in Frontier Basins? Download the full paper here.

Basin

Basin Exploration and Production Completion Drivers

Permian oil producers face higher costs with new saltwater rules

Oil & Gas 360º

JUNE 10, 2025

(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.

Disposal Well

Disposal Well Oil E&P Basin

CanCambria Energy Corp signs Kiskunhalas concession contract

Oil & Gas 360º

JUNE 16, 2025

The signing formally initiates a four-year exploration period. Covering 30% of the KCA to the north, there exists a large, deep Miocene-age basin named the Soltvadkert Trough, which is analogous in many respects to the petroleum play elements in the Kiskunhalas Trough. About CanCambria Energy Corp. CanCambria Energy Corp.

Energy

Energy Energy Exploration and Production Basin

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

Enverus

JUNE 10, 2025

This move marks EOG’s first major acquisition since its 2016 purchase of Yates Petroleum. Historically, EOG has favored organic growth, focusing on early-entry positions in core shale plays like the Delaware Basin and Eagle Ford. Encino assets offer a rare combination of scale, liquids-rich production and development upside.

IT

IT Operator Basin Exploration and Production

Texas oil and gas jobs increased in May despite market turmoil, new report says

Oil & Gas 360º

JUNE 23, 2025

Among the 19 specific industry sectors TIPRO uses to define the Texas oil and natural gas industry, Support Activities for Oil and Gas Operations led in the ranking for unique job listings in May with 1,972 postings, followed by Gasoline Stations with Convenience Stores (1,447) and Petroleum Refineries (824).

Gas

Gas Oil Natural Gas Maintenance Technician

The First Oil Well in the World – Bibi Heybat

Aresco

JULY 14, 2025

By the late 19th and early 20th centuries, Baku had become the beating heart of global oil production , producing more than half of the world’s oil by 1901. Yet, through experimentation and persistence, they achieved something revolutionary: the ability to extract petroleum in meaningful, scalable quantities.

Oil

Oil Field Mechanic Engineer

Eni, Sonatrach to Bolster Energy Cooperation

Rigzone

JULY 25, 2025

“Eni and Sonatrach undertake to consolidate cooperation for the enhancement of Algerian energy resources through new contracts aimed at encouraging an increase in gas production, and the extension of gas supply contracts for export to Italy”, Eni said in a statement online. Sonatrach announced four other awards.

Energy

Energy Energy Exploration and Production Natural Gas

TotalEnergies Starts Production at Begonia, CLOV Phase III offshore Angola

Rigzone

JULY 24, 2025

Image by Oleksii Liskonih via iStock TotalEnergies SE said Wednesday it has unlocked new production of 60,000 barrels per day (bpd) gross in Angola with the start-up of Begonia and CLOV Phase III. The project consists of five wells tied back to the Pazflor floating production, storage and offloading (FPSO) vessel.

Offshore

Offshore Exploration and Production Infill Drilling Exploration Well

EnerCom announces Liberty Energy and Baker Hughes as Keynote Speakers at the 30th annual EnerCom Denver – The Energy Investment Conference, August 17-20, 2025

Oil & Gas 360º

JUNE 19, 2025

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. At Liberty, he focuses on technology innovation, service quality, efficiency, and optimization. Ron holds a B.Sc.

Energy

Energy Energy Exploration and Production E&P

EnerCom Denver releases full presenter lineup for Landmark 30th Energy Investment Conference

Oil & Gas 360º

JULY 14, 2025

The presenting company lineup as of July 14, 2025, includes: Advantage Energy (TSX: AAV) Amplify Energy (NYSE: AMPY) Anschutz Exploration APA Corp. NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. NSAI) Netherland, Sewell & Associates, Inc.

Energy

Energy Energy Exploration and Production Management

Woodside assumes operatorship of Bass Strait assets

Oil & Gas Journal

JULY 29, 2025

Woodside will assume operatorship of the offshore Bass Strait production assets, the Longford gas plant, the Long Island Point gas liquids processing plant, and associated pipeline infrastructure, the company said in a release July 29. He is a member of the Society of Petroleum Engineers (SPE). participating interest in the KUJV.

Exploration and Production

Exploration and Production Offshore Pipeline Upstream

TotalEnergies starts production from subsea projects offshore Angola

Oil & Gas Journal

JULY 23, 2025

Alex Procyk July 23, 2025 Map from TotalEnergies Key takeaways TotalEnergies has started production from the Begonia and CLOV Phase 3 projects offshore Angola. Total production from the projects is 60,000 b/d. Total production from the projects is 60,000 b/d. He is a member of the Society of Petroleum Engineers (SPE).

Offshore

Offshore Exploration and Production Exploration and Appraisal E&P

Nuclear Energy Newcomers Electrify Final Day of EnerCom’s 30th Anniversary Energy Investment Conference

Oil & Gas 360º

JULY 23, 2025

uranium mining and production. The Mill also handles vanadium and is exploring medical isotope extraction for cancer treatment. sourced monazite and developing three global heavy mineral sand mines to produce up to 60,000 tonnes of rare earth feedstock as a by-product of titanium and zircon mining.

Energy

Energy Energy Exploration and Production Management

Getting a Line on Wireline

Permian Basin Oil and Gas Magazine

JUNE 23, 2025

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. They do cased hole work, both vertical and horizontal production.

Basin

Basin Hydraulic Fracturing Operator Completion

30 years, thousands of deals, many ups and downs but still the place where we know your name — welcome back to the energy industry’s favorite reunion, EnerCom Denver – The Energy Investment Conference, August 17-20, 2025.

Oil & Gas 360º

JUNE 11, 2025

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) Netherland, Sewell & Associates, Inc.

Energy

Energy Energy Management E&P

Valor | Energy Connection – June 23, 2025

Valor

JUNE 23, 2025

Summary : While an Iranian closure of the Strait of Hormuz, where 20% of world petroleum passes, could push oil to triple digits, the U.S. oil-and-gas exploration stocks amid the recent tensions. Read more Iran has an oil card to play. So does the U.S. holds a key weapon in its massive shale energy output. Read more Chevron enters U.S.

Energy

Energy Energy Barrel Oil

The Iberian green industrial opportunity: Carbon capture and storage

McKinsey

JULY 10, 2025

Including GVA from the manufacture of chemicals and chemical products, the manufacture of basic metals, and the estimated GVA in the cement and lime industry within the other nonmetallic mineral products sector in 2022 for Portugal and Spain. For example, the cement industry relies on the calcination process for cement production.

Transportation

Transportation Exploration and Production Pipeline Offshore

Buru Tweaks Timeline for Australia's Rafael Gas Project

Rigzone

JULY 22, 2025

has adjusted the timeline for the development of the Rafael natural gas project in Western Australia’s Canning Basin but still aims for a startup late 2027. The Rafael gas and condensate field is in Exploration Permit 428, about 150 kilometers (93.21 Buru eyes a 20-year production life.

Gas

Gas Exploration and Appraisal Condensate Exploration and Production

Equinor drills dry hole west of Florø

Oil & Gas Journal

JULY 17, 2025

Alex Procyk July 17, 2025 95931355 © Alena Redchanka | Dreamstime.com Equinor Energy AS drilled a dry well in the Garantiana NV prospect in production license (PL) 554 about 120 km west of Florø in the North Sea, the Norwegian Offshore Directorate reported July 17. He is a member of the Society of Petroleum Engineers (SPE).

Dry Hole

Dry Hole Exploration and Appraisal Exploration and Production Offshore

Rystad: New EU sanctions hit India's Nayara refinery

Oil & Gas Journal

JULY 23, 2025

The sanctions package imposes bans on exports of refined petroleum products derived from Russian crude, financial and shipping restrictions, and a dynamic price cap on Russian crude, a report form Rystad Energy noted. China has better leverage in this scenario, so the focus has shifted to India’s Nayara refinery.

Refinery

Refinery Exploration and Production Operator Oil

U.S. shale producers unlikely to boost drilling despite Trump’s call

Oil & Gas 360º

JUNE 26, 2025

shale oil producers are unlikely to heed President Donald Trump’s latest call to “Drill, Baby, Drill” as they prioritize hedging over ramping up production in response to U.S. production has largely stagnated this year with some companies warning that shale is at or near its peak. (World Oil) – U.S. military strikes on Iran.

Basin

Basin Abandonment Oil Sustainable

PTTEP acquires interest in South China Sea block

Oil & Gas Journal

JULY 25, 2025

He is a member of the Society of Petroleum Engineers (SPE). He has also served as a principal technical professional at Halliburton and as a completion engineer at ConocoPhillips. He holds a BS in chemistry (1987) from Kent State University and a PhD in chemistry (1992) from Carnegie Mellon University.

Exploration and Appraisal

Exploration and Appraisal Exploration and Production Upstream Field

Vår Energi discovers gas-condensate west of Fenja field

Oil & Gas Journal

JULY 21, 2025

Wildcat well 6406/11-2 S, the eighth in in production license (PL) 586, was drilled by the Deepsea Yantai rig in 310 m of water to 3,857 m TVD subsea. The primary target was to prove petroleum in Lower to Middle Jurassic reservoir rocks in the Ile formation (the Fangst Group). The petroleum-water contact was encountered 3,513 m subsea.

Gas Condensate

Gas Condensate Condensate Field Exploration and Appraisal

ReconAfrica announces agreement for joint exploration project in Angola adding 5.2 million acres and significant resource potential along the Damara Fold belt and Rift Basin plays

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). This will be the Companys largest exploration prospect drilled so far.

Basin

Basin Petroleum Oil Gas

Elk Range Royalties closes $905 million acquisition of DJ Basin assets

Oil & Gas 360º

MARCH 24, 2025

(World Oil) – Elk Range Royalties has announced a landmark acquisition of a significant mineral and royalty position spanning approximately 250,000 net royalty acres (NRA) in the DJ Basin from affiliates of Occidental Petroleum (Oxy). The high-quality operator footprint enhances production visibility and long-term value creation.

Royalty

Royalty Basin Spud-in Operator

Zephyr Energy plc announces successful initial results from State 36-2R well production test

Oil & Gas 360º

MAY 7, 2025

During the production test, the well was tested at multiple flow rates in order to gather data to determine the flow capacity of the well, to provide an early estimate of potential resource volumes, and to obtain high quality fluid samples. the “Paradox project”). Water cut was less than 0.5%

Energy

Energy Energy Exploration and Production Condensate

African national oil companies (NOCs) partnering with independents to drive E&P

Oil & Gas 360º

MARCH 10, 2025

Boosting production Major oil producers in Africa are striving to boost production and NOC-IOC collaboration is at the forefront. Algerias Sonatrach will increase hydrocarbon production by 2.5% Algerias Sonatrach will increase hydrocarbon production by 2.5%

E&P

E&P Exploration and Production Oil Field

Chevron starts oil production from Ballymore Project in Gulf of America

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. Chevron is a leading leaseholder in the Gulf and continues to actively pursue opportunities for growth in the basin.

Oil

Oil Crude Oil Exploration and Production Natural Gas

Netherland, Sewell & Associates, Inc. (NSAI) to host its Oil & Gas Property Evaluation Seminar in Dallas, Texas May, 5-6, 2025

Oil & Gas 360º

APRIL 30, 2025

(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.

Gas

Gas Oil Exploration and Production IT

Netherland, Sewell & Associates, Inc. (NSAI) to host its Oil & Gas Property Evaluation Seminar in Dallas, Texas May, 5-6, 2025

Oil & Gas 360º

APRIL 22, 2025

(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.

Gas

Gas Oil Exploration and Production IT

Netherland Sewell to host Oil & Gas Property Evaluation Seminar in Dallas, Texas on May 1-2, 2023

Oil & Gas 360º

APRIL 28, 2025

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.

Gas

Gas Oil Petroleum Engineer

ReconAfrica provides drilling update on Prospect I

Oil & Gas 360º

APRIL 10, 2025

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 results of the Naingopo exploration well announced in January 2025 increased our confidence in the potential for Prospect I.

Exploration Well

Exploration Well Petroleum Spud-in Exploration and Production

The Permian is not done yet

Oil & Gas 360º

MAY 27, 2025

(Oil Price) –Back in 2017, oil production in the Permian stood at 2.2 Production growth in the most prolific shale play in the United States has been slowing already as production costs climb higher while oil prices slide lower. This will naturally affect drilling, contributing to the overall production growth slowdown.

Barrel

Barrel Consulting Oil Basin

The heart of the US oil boom is slowing

Oil & Gas 360º

MAY 5, 2025

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. On average, production drops by more than two-thirds after one year and 95% after six years.

Oil

Oil Barrel Field Basin

Early bird registration ends soon for EnerCom Denver – The Energy Investment Conference, August 17-20, 2025

Oil & Gas 360º

JUNE 25, 2025

The presenting company lineup as of June 18, 2025, includes: Advantage Energy (TSX: AAV) Amplify Energy (NYSE: AMPY) Anschutz Exploration Armstrong Oil & Gas APA Corp. NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry.

Energy

Energy Energy E&P Consulting

Viper Energy, Inc., a Subsidiary of Diamondback Energy, Inc., to Acquire Sitio Royalties Corp. in All-Equity Transaction; Increases Base Dividend

Oil & Gas 360º

JUNE 3, 2025

mboe/d); Q1 2025 average Permian production of 14.5 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% mboe/d); Q1 2025 average Permian production of 14.5

Royalty

Royalty Energy Energy Basin

EnerCom Announces Premier Networking Events at the 30th Annual EnerCom Denver – The Energy Investment Conference, Including Charity Golf, Monday Cocktail Mixer, and Casino Night

Oil & Gas 360º

MAY 21, 2025

The presenting company lineup as of May 21, 2025, includes: Advantage Energy (TSX: AAVVF) Amplify Energy (NYSE: AMPY) Anschutz Exploration Armstrong Oil & Gas APA Corp. NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry.

Energy

Energy Energy Exploration and Production Management

Oxy:Why AI and Carbon Capture May Be the Only Path Forward for U.S. Oil Production

Oil Gas Leads

JUNE 5, 2025

oil and gas sector has defied the odds for over a decadeunlocking shale, scaling production, and securing global energy influence. If we can increase production by just 20%, it would be the equivalent of Saudi Arabias current volume, she told the audience. But that growth engine may be running out of steam.

Oil

Oil Basin Exploration and Production Operator

Zephyr Energy announces initial results from State 36-2R well evaluation Williston Project and Zephyr Hawk update

Oil & Gas 360º

MAY 29, 2025

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 The resulting properties were then used to build a numerical model to generate production forecasts.

BCF

BCF Energy Energy Condensate

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

Oil & Gas 360º

MARCH 10, 2025

” Strategic Rationale Solidified Position Within the Large-Cap Universe: The combined company will have an enterprise value of $15 billion 1 and 370,000 boe/d 2 (63% liquids) of corporate production with significant overlap across both unconventional and conventional assets. million acres in Alberta.

Exploration and Production

Exploration and Production Energy Energy Natural Gas

Oil & Gas in 2025: Which Basin Will Dominate U.S. Energy and What’s Behind the $105 Billion in Oil Deals?

Rextag

FEBRUARY 24, 2025

Over the past two years, 2023 and 2024, production levels have soared, investment strategies have shifted, and new regulatory frameworks have emerged. Now, as we step into 2025 , the industry faces critical questions : Which basins will see the most growth? How will new policies impact production and investment strategies?

Basin

Basin Oil Gas Exploration and Production

Christmas Eve Edition: 2024 Oil and Gas Results – Top Deals and a Bonus to End the Year

Rextag

DECEMBER 23, 2024

billion Date: October 11, 2024 ExxonMobil made waves by acquiring Pioneer Natural Resources, securing 850,000 net acres in the Permian Basin. Production increased by 460,000 boe/d, making Chevron a major player in international energy markets. Double Eagles Exploration of a Sale Value: Potentially $6.5

Oil

Oil Exploration and Production Basin Gas

BP-Eni JV makes major gas discovery offshore Angola

Carnarvon Energy to identify exploration in Bedout sub-basin offshore Western Australia

Trending Sources

Bridging the Data Gap: How Transfer Learning Revolutionizes Production Forecasting in Frontier Basins

Permian oil producers face higher costs with new saltwater rules

CanCambria Energy Corp signs Kiskunhalas concession contract

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

Texas oil and gas jobs increased in May despite market turmoil, new report says

The First Oil Well in the World – Bibi Heybat

Eni, Sonatrach to Bolster Energy Cooperation

TotalEnergies Starts Production at Begonia, CLOV Phase III offshore Angola

EnerCom announces Liberty Energy and Baker Hughes as Keynote Speakers at the 30th annual EnerCom Denver – The Energy Investment Conference, August 17-20, 2025

EnerCom Denver releases full presenter lineup for Landmark 30th Energy Investment Conference

Woodside assumes operatorship of Bass Strait assets

TotalEnergies starts production from subsea projects offshore Angola

Nuclear Energy Newcomers Electrify Final Day of EnerCom’s 30th Anniversary Energy Investment Conference

Getting a Line on Wireline

30 years, thousands of deals, many ups and downs but still the place where we know your name — welcome back to the energy industry’s favorite reunion, EnerCom Denver – The Energy Investment Conference, August 17-20, 2025.

Valor | Energy Connection – June 23, 2025

The Iberian green industrial opportunity: Carbon capture and storage

Buru Tweaks Timeline for Australia's Rafael Gas Project

Equinor drills dry hole west of Florø

Rystad: New EU sanctions hit India's Nayara refinery

U.S. shale producers unlikely to boost drilling despite Trump’s call

PTTEP acquires interest in South China Sea block

Vår Energi discovers gas-condensate west of Fenja field

ReconAfrica announces agreement for joint exploration project in Angola adding 5.2 million acres and significant resource potential along the Damara Fold belt and Rift Basin plays

Elk Range Royalties closes $905 million acquisition of DJ Basin assets

Zephyr Energy plc announces successful initial results from State 36-2R well production test

African national oil companies (NOCs) partnering with independents to drive E&P

Chevron starts oil production from Ballymore Project in Gulf of America

Netherland, Sewell & Associates, Inc. (NSAI) to host its Oil & Gas Property Evaluation Seminar in Dallas, Texas May, 5-6, 2025

Netherland, Sewell & Associates, Inc. (NSAI) to host its Oil & Gas Property Evaluation Seminar in Dallas, Texas May, 5-6, 2025

Netherland Sewell to host Oil & Gas Property Evaluation Seminar in Dallas, Texas on May 1-2, 2023

ReconAfrica provides drilling update on Prospect I

The Permian is not done yet

The heart of the US oil boom is slowing

Early bird registration ends soon for EnerCom Denver – The Energy Investment Conference, August 17-20, 2025

Viper Energy, Inc., a Subsidiary of Diamondback Energy, Inc., to Acquire Sitio Royalties Corp. in All-Equity Transaction; Increases Base Dividend

EnerCom Announces Premier Networking Events at the 30th Annual EnerCom Denver – The Energy Investment Conference, Including Charity Golf, Monday Cocktail Mixer, and Casino Night

Oxy:Why AI and Carbon Capture May Be the Only Path Forward for U.S. Oil Production

Zephyr Energy announces initial results from State 36-2R well evaluation Williston Project and Zephyr Hawk update

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

Oil & Gas in 2025: Which Basin Will Dominate U.S. Energy and What’s Behind the $105 Billion in Oil Deals?

Christmas Eve Edition: 2024 Oil and Gas Results – Top Deals and a Bonus to End the Year

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