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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.
This represented an increase of 600 jobs in the services sector and 1,600 jobs in oil and gas extraction. TIPRO’s new workforce data indicated strong job postings for the Texas oil and natural gas industry, although May data showed a decline in overall unique postings compared to the previous month.
Chevron plans to begin drilling an exploration well offshore Namibia, where several international majors have found huge oil and gas resources in recent years. With this programme, Chevron continues to activate its strong and growing exploration portfolio, according to a company statement.
Oil & Gas Account Directory Saskatchewan Light Oil Operator List Western Canada Heavy Oil Operator List St. With superior well economics and a large contiguous footprint, it anchors investment confidence in the Williston.
(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.
(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).
(Oil & Gas 360) – Publisher’s Note: CanCambria Energy will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown , August 17-20, 2025. The highly prospective, gas-charged fault block associated with the company’s flagship Kiskunhalas Trough asset extends southwest into the KCA.
Most Petroleum engineers 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?
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. The Utica and Uinta Basin are gaining attention, despite offering significantly less scale.
Governor Greg Abbott was in Midland recently to sign new legislation for oilfield theft protection in the Permian Basin. The governor’s office said, “Organized criminals and cartels have increasingly targeted oil pipelines and storage tanks, stealing millions of dollars from communities in the Permian Basin.” The post Gov.
For the past 30 years, EnerCom Denver has been the largest independent investor conference for the global oil and gas and broadening energy industry that is open to all energy companies, investors, and professionals to participate. This year’s conference will occur August 17-20, 2025, at T he Westin Denver Downtown.
(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. ANPG is Angolas national concessionaire and regulator.
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.
(Oil & Gas 360) – April 22, 2025 – For over 25 years, global petroleum consultancy Netherland, Sewell & Associates, Inc. NSAI) has hosted its highly regarded Oil & Gas Property Evaluation Seminar. NSAI is pleased to announce it is hosting a two-day session in Dallas on May 5 th and 6 th.
(Oil & Gas 360) – April 22, 2025 – For over 25 years, global petroleum consultancy Netherland, Sewell & Associates, Inc. NSAI) has hosted its highly regarded Oil & Gas Property Evaluation Seminar. NSAI is pleased to announce it is hosting a two-day session in Dallas on May 5 th and 6 th.
Oil and Gas 360 April 28, 2023 For over 25 years, global petroleum consultancy Netherland, Sewell & Associates, Inc. NSAI) has hosted a series of highly regarded oil and gas property evaluation seminars. The firm asks that you pass this information on to colleagues whom you think may benefit from attending.
and Permian Basin. Occidental Petroleum reported 28 rigs (weekly average of 27.0 In the Permian Basin as of July 4, ExxonMobil led with a weekly average of 35.9 Permian in rig count; Permian reports decline in permits appeared first on Permian Basin Oil and Gas Magazine. In the U.S., this time last year).
million barrels per day in April, according to Monday’s Petroleum Supply Monthly from U.S. Gross natural gas production in lower 48 states increased to a record 120.31 Texas gas production grew by 1.2 million b/d appeared first on Permian Basin Oil and Gas Magazine. crude oil production reached a record of 13.47
The permit change finalizes the transition of operational control from APA Corporation —which had previously acquired the asset through Callon Petroleum —to Spirit O&G Operating LLC , led by longtime industry executive Todd Guest. The PBR status and Permian Basin location make it a strategic fit for Spirit’s PDP-focused operating model.
(Oil & Gas 360) – Join us as we celebrate three decades of bringing together the energy industry’s companies, investors, analysts, and industry leaders. NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. NSAI) Netherland, Sewell & Associates, Inc.
Houston-based 1PointFive, subsidiary of Occidental Petroleum, said Tuesday that JPMorganChase purchased 50,000 metric tons of carbon dioxide removal credits over 10 years enabled by direct air capture. STRATOS is under construction in Ector County in Permian Basin. STRATOS is under construction in Ector County in Permian Basin.
On March 17, 2025, in the capital Luanda (Angola), Xuan Thien Group and the Angolan National Agency for Petroleum, Gas and Biofuels (ANPG) signed a joint research investment project to … Read More The post ANGOLA: Xuan Thien Group to Explore Oil and Gas in the Etosha/Okavango basin appeared first on oilnewsafrica.
Houston-based Evolution Petroleum said last week it agreed to acquire non-operated oil and natural gas assets in New Mexico and Louisiana for $9 million. The acquisition extends Evolutions asset portfolio with about 440 boed of net production (60 percent oil, 40 percent natural gas). Closing is expected in 3Q.
Four new members will be added to the Petroleum Hall of Fame Thursday at Bush Convention Center in Midland. Worthington were selected by the board of the Permian BasinPetroleum Museum. It became one of the largest private oil and gas companies in the Permian Basin drilling thousands of wells across west Texas.
Occidental Petroleum and Permian Resources. The post Lawsuits against producers for inflating prices combined in federal court in NM appeared first on Permian Basin Oil and Gas Magazine.
These efforts reflect a broader trend across the continent, where NOCs are leaning on foreign partnerships to advance oil and gas production. Advancing gas monetization Amid a surge in gas monetization, Africa has emerged as a major LNG producer.
It is true that the Permian Basin is, and continues to be, an area with lower educational levels than most of Texas. The Permian Basin has multiple technical training options available through Howard College, Midland College, Odessa College, UTPB, and other organizations, such as the Permian Basin Workforce Board and Skillpoint Alliance.
“Private capital is shifting to legacy basins, testing new zones, and leaning into gas plays that were once overlooked. Rigzone has contacted Continental Resources, Mewbourne Oil, Aethon Energy, Ascent Resources LLC, Hilcorp, and the American Petroleum Institute for comment on Enverus’ list and release.
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
Occidental Petroleum (NYSE: OXY) has showcased a strategic shift in its 2025 operational and financial approach, emphasizing efficiency and disciplined capital management. This decision stems from continued operational efficiency gains and schedule optimization in the Permian Basin and Gulf of America.
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.
(Oil & Gas 360) –Join us as we celebrate three decades of bringing together the energy industrys companies, investors, analysts, and industryleaders! Qualified investment professionals and oil and gas company executives may register for the conference at no cost.
rig count is made up of 438 oil rigs, 111 gas rigs, and five miscellaneous rigs, according to Baker Hughes’ count, which revealed that the U.S. The country’s oil rig count dropped by one, its gas rig count dropped by two, and its miscellaneous rig count increased by two, week on week, the count showed. Of the total U.S.
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.
June 23, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. In contrast, gas rigs fell by 2 to 111, which is still a gain of 13 rigs year-over-year, while the miscellaneous rig count increased by 2, bringing its total count up to 5 active rigs. So does the U.S.
The award, which is the highest honor conferred by the PBPA each year, is given to acknowledge the tremendous contributions individuals have given to the oil and gas industry and the communities of the Permian Basin. Dennis Johnsonfounder, chairman, and CEO of Summit Petroleum LLCis someone who fits that description.
rig count is made up of 432 oil rigs, 109 gas rigs, and six miscellaneous rigs, according to Baker Hughes’ count, which revealed that the U.S. The country’s oil rig count dropped by six, its gas rig count dropped by two, and its miscellaneous rig count increased by one, week on week, the count showed. Of the total U.S.
(Oil & Gas 360) –Join us as we celebrate three decades of bringing together the energy industrys companies, investors, analysts, and industryleaders! Qualified investment professionals and oil and gas company executives may register for the conference at no cost.
(Oil & Gas 360) –Join us as we celebrate three decades of bringing together the energy industrys companies, investors, analysts, and industryleaders! Qualified investment professionals and oil and gas company executives may register for the conference at no cost.
(Oil & Gas 360) –Join us as we celebrate three decades of bringing together the energy industrys companies, investors, analysts, and industryleaders! Qualified investment professionals and oil and gas company executives may register for the conference at no cost.
(Oil & Gas 360) –Join us as we celebrate three decades of bringing together the energy industrys companies, investors, analysts, and industryleaders! Qualified investment professionals and oil and gas company executives may register for the conference at no cost.
(Oil & Gas 360) –Join us as we celebrate three decades of bringing together the energy industrys companies, investors, analysts, and industryleaders! Qualified investment professionals and oil and gas company executives may register for the conference at no cost.
(Oil & Gas 360) CALGARY, AB , April 10, 2025 /CNW/ – Reconnaissance Energy Africa Ltd. Prospect I is located onshore Namibia in Petroleum Exploration Licence 073 (“PEL73”) and is the Company’s largest prospect to be drilled so far.
(Oil & Gas 360) – Publishers Note: Zephyr Energy plc will be presenting at the EnerCom Denver The Energy Investment Conference held at the Westin Denver Downtown on August 17-20, 2025. Register to attend. With the publication of this announcement, this information is now considered to be in the public domain.
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