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Mach Natural Resources LP Announces Transformative Acquisitions in the Permian Basin and San Juan Basin

Oil & Gas 360º

With this step, we significantly enhance our scale and gain strategic multi-basin positioning, all while maintaining a resilient balance sheet. The return of a public Company to the basin underscores the deep value and long-term potential of the asset.

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Prairie Operating Co. Announces $12.5 Million Strategic Acquisition to Accelerate Growth in the DJ Basin

Oil & Gas 360º

(Nasdaq: PROP) (the “Company” or “Prairie”), an independent energy company engaged in the development and acquisition of oil and natural gas resources in the Denver-Julesburg (DJ) Basin, today announced the acquisition of certain assets from Edge Energy II LLC (“Edge Energy”) in an off-market transaction for $12.5

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CanCambria Energy Corp signs Kiskunhalas concession contract

Oil & Gas 360º

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. The area has no existing deep drilling and is largely unexplored, covered only by old 2D seismic.

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Can 100,000 Wells Reveal What Single-Basin Analysis Misses? The Hidden Biases Undermining Unconventional Production Models

Novi

The industry’s obsession with single-basin studies isn’t just limiting our understanding, it might be actively misleading us about what drives production. Take the Williston Basin, where a naive analysis might suggest older parent wells somehow boost production in nearby child wells. The result?

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Talos Energy announces enhanced corporate strategy

Oil & Gas 360º

We anticipate a shift in the global exploration and production market, with offshore basins expected to play an increasing role in global oil production. Talos will take a strategic and measured approach in assessing opportunities within the Gulf of America and other conventional offshore basins. Build a long-lived, scaled portfolio.

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U.S. oil imports from OPEC decline while imports from Canada nearly doubles

Permian Basin Oil and Gas Magazine

Energy Information Administration, the share of the nation’s crude oil and petroleum imports from OPEC countries has declined 77 percent since 2006. oil imports from OPEC decline while imports from Canada nearly doubles appeared first on Permian Basin Oil and Gas Magazine. According to U.S. The post U.S.

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Permian Basin drives growth in tight oil production in U.S. onshore lower 48

Permian Basin Oil and Gas Magazine

Energy Information Administration, driven by growth in tight oil production in Permian Basin. Permian Basin accounted for 65 percent of all tight oil production growth and 51 percent of lower 48 oil production in 2024. After 2020, production in Permian Basin increased at a faster pace than production outside the Permian.

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