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The latest data from Argentina’s Ministry of Economy shows shale oil production hit an all-time high for June 2025, although overall petroleum output dipped lower. million-acre Vaca Muerta shale formation, located in the Neuquén Basin. This is due to the tremendous hydrocarbon potential of the 8.6-million-acre
The success of the Bibi Heybat well attracted attention from entrepreneurs, engineers, and governments, and it sparked what could be considered the first true oil rush in world history. Yet, through experimentation and persistence, they achieved something revolutionary: the ability to extract petroleum in meaningful, scalable quantities.
(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.
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).
(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.
(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.
Occidental Petroleum and Permian Resources. Lawsuits by companies, government entities and individual citizens claim producers have coordinated with each other and OPEC “to restrain domestic shale oil production and to artificially inflate and fix crude oil prices.” District Judge Matthew Garcia set a hearing for later this month.
(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.
In the PNIEC, the government reported that 67.9 To that end, the initiativeâs first flagship event at Davos in January 2025 brought together IBEX 35 leaders and government representatives in a forum to chart the path forward for Iberiaâs energy transition. On top of CEF-E funding, the Norwegian government provided â¬1.7
(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.
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.
Higher production in Western Australia was offset by flood impacts in the Cooper Basin. Sales of liquefied petroleum gas surged from 7,800 metric tons to 29,800 metric tons. The Australian company produced 22.2 million barrels of oil equivalent (MMboe) in the April-June quarter, up one percent sequentially. million barrels to 1.85
Higher production in Western Australia was offset by flood impacts in the Cooper Basin. Sales of liquefied petroleum gas surged from 7,800 metric tons to 29,800 metric tons. The Australian company produced 22.2 million barrels of oil equivalent (MMboe) in the April-June quarter, up one percent sequentially. million barrels to 1.85
Energy Secretary Chris Wright said it’s “unlikely” the country’s oil production will drop next year, contrary to the expectations released this week by a government agency. the latest independent oil producer in the Permian basin, said last month. Strategic Petroleum Reserve should be completed this year, Wright said.
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. Earlier this month Buru said it had received government approval for a two-year extension of time for Rafael to apply for a production license.
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. The domestic market and alternate product disposal strategy would be key for maneuvering through this situation.
(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. About NSAI Netherland, Sewell & Associates, Inc.
(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. About NSAI Netherland, Sewell & Associates, Inc.
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.
(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
Ballymore is an example of how we are leveraging technology and driving efficiencies to help produce affordable, reliable energy from the deepwater Gulf of America, one of the lowest carbon intensity oil and gas producing basins in the world, said Brent Gros, vice president, Chevron Gulf of America.
(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.
(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
Crude oil exports by Pemex, Mexicos state-owned petroleum company managed and operated by the Mexican government, fell 44 percent in January 2025 compared to the same month last year to 532,404 barrels per day. appeared first on Permian Basin Oil and Gas Magazine.
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.
Recently, the Nigerian government demanded more than $60 billion in back royalties under a production sharing agreement with the supermajors operating in the country. That was formed in 1977 under the name National Nigeria Petroleum Company. The government has been fighting the illicit refineries for years. How did this happen?
Read more 25% royalty rate cap on prime oil and gas land heads to the House Summary : The New Mexico Senate passed Senate Bill 23 in a 21-15 vote, advancing legislation to raise the maximum royalty rate on prime oil and gas land in the Permian Basin from 20% to 25%. Total petroleum inventories increased by 0.2 energy exports.
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. The combined company will continue to pay Whitecap’s annual dividend of $0.73
On April 23, Abbott signed the first law of this years legislative session, a bill creating a new regulation-cutting agency inspired by Elon Musks federal Department of Government Efficiency (DOGE). What this law is going to do is make government more efficient and less costly. million over the next five years.
Citgo Petroleum Corp., See Standards of Performance for VOC Emissions from Petroleum Refinery Wastewater Systems, 40 C.F.R. §§ 60.690 to 699 (“NSPS Subpart QQQ”). Read that way, the definition requires an oil-water separator to have (1) one or more separation basins, (2) skimmers, (3) weirs, (4) grit chambers, and (5) sludge hoppers.
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?
The Chinese economy struggled throughout 2024 despite government stimulus to try to jump start growth. Strategic Petroleum Reserve (SPR) right to the top and export American energy all over the world. appeared first on Permian Basin Oil and Gas Magazine. And then theres China to consider.
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