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Equinor announces Brazil exploration block award

Oilfield Technology

Equinor has deepened its position in the Santos basin after winning the S-M-1617 block during Brazils 5th Open Permanent Concession bid round. “We are pleased with our success in today’s bidding round, securing a new exploration opportunity in Brazil – a core country in our international portfolio. Already a member?

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

Enverus

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. The Utica and Uinta Basin are gaining attention, despite offering significantly less scale.

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Viaro Energy strengthens North Sea portfolio through acquisition of Deltic Energy

Oilfield Technology

Viaro also plans to progress the nearby Blackadder exploration prospect, which is geologically analogous to Selene and well-positioned near existing Viaro infrastructure. If successful, Blackadder has the potential to add to near-term production and extend the life of surrounding host facilities.

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Unlock Faster, Smarter Buying for Oil & Gas Operations Teams With Enverus RFx

Enverus

Enverus recently hosted a webinar to introduce our latest solution, Enverus RFx, designed to streamline and simplify the bidding process for oil and gas operations teams. Using the built-in OFS Directory, you can find vetted suppliers in your basin according to service category and subcategory.

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Strategies for Operators to Stay Ahead in a Hot M&A Market

Enverus

Diamondback is one of the largest players in the Permian Basin, second only to Exxon Mobil, based on gross operated oil volumes. [1] billion deal represents one of the last significant private positions in the Midland Basin and leaves very few remaining opportunities for mid-sized operators to acquire high-quality inventory. [1]

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Reusing produced water

Oilfield Technology

Every year billions of barrels of Produced Water (PW) are generated from oil and gas production around the world. Most of this water goes back into the producing formations via injection wells as part of IOR and EOR programs to get more production from ageing fields. As fields age, they generate higher water to oil ratios.