OilPrice

MAY 2, 2025

First-quarter earnings at ExxonMobil (NYSE: XOM) topped analyst estimates as higher production in the Permian and offshore Guyana offset part of the lower realizations due to falling oil prices. Exxon reported on Friday first-quarter earnings of $7.7 billion, down from $8.2 billion in the first quarter of 2024.

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Basin Offshore Oil IT 271

Oil & Gas 360º

JUNE 10, 2025

(Oil & Gas 360) – June 10, 2025 – When Oil & Gas 360 ® first sat down with Troy Eckard, Founder and Chairman of Eckard Enterprises , for a candid Executive Interview , the result was a compelling story chock-full of insights from a successful oil and gas veteran. And so, the Words on Wealth series was born.

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Gas Oil Education Basin 200

OilPrice

MAY 13, 2025

The Permian Basin has been the star of the U.S. shale oil and gas industry for years. It also has some rather solid crude oil resourcesand some of the lowest production costs But this star is, at least for the time being, dimming as production costs rise with the natural depletion of top-quality acreage. And its in Canada.

Crude Oil 361

Crude Oil Natural Gas Basin Gas 361

Permian Basin Oil and Gas Magazine

JUNE 13, 2025

percent interest in Delaware G&P, Delaware Basin joint venture, from NGP XI Midstream Holdings for $940 million ($530 million cash). Delaware Basin JV owns natural gas gathering and processing facilities in Delaware Basin in west Texas and southeast New Mexico with total processing capacity of more than 700 million cubic feet per day.

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Basin Midstream Natural Gas Crude Oil 59

Oil & Gas 360º

JUNE 10, 2025

(Oil & Gas 360) – Publisher’s Note: CanCambria will present an update on the Kiskunhalas project at EnerCom Denver – The Energy Investment Conference on August 17-20, 2025.

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Oil Gas Leads

JUNE 12, 2025

In a year marked by falling oil prices and industry-wide cutbacks, Permian Resources has emerged as a rare success story. While many oil and gas giants slipped in the Forbes Global 2000 rankings amid a 15% drop in crude prices and rig reductions across the U.S., this young, fast-growing operator made its debut at No. 1762 in 2025.

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Basin Operator Oil Gas 52

Oil & Gas 360º

MAY 30, 2025

(World Oil) –Chevron Corp. plans to lay off nearly 800 employees in the Permian basin, its biggest oil-production operation globally. Chief Executive Officer Mike Wirth is looking to reduce structural costs by $3 billion, making the company more efficient and better able to withstand low oil prices.

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Basin Operator Oil Barrel 130

Oil Gas Leads

JUNE 20, 2025

The Permian Basin is best known as the beating heart of U.S. oil production. Driven by the electrification of oil & gas operations , midstream expansion, and rising residential demand, the Permian is now among the largest contributors to U.S. power demand growth —and it’s just getting started. Breaking Down the 7.5

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Basin Midstream Energy Energy 52

Oil Gas Leads

JUNE 13, 2025

enhancing its footprint in New Mexico’s northern Delaware Basin. The company is already in active trade talks with every relevant Delaware Basin operator , aiming to optimize both legacy and new assets. Permian Resources Corp. (PR) PR) has announced a $608 million bolt-on acquisition from APA Corp.

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Basin Consulting Royalty Completion 52

Rigzone

JUNE 9, 2025

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. The total U.S.

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Basin Oil Gas American Petroleum Institute 104

Offshore Engineer

APRIL 24, 2025

Rhino Resources, the operator of the petroleum exploration license (PEL85), and its partners have found oil in the Capricornus 1-X well in Orange Basin, offshore Namibia

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Basin Oil Petroleum Offshore 99

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). In February 2025, NGP and the Elk Range team established Elk Range Royalties III.

Royalty 130

Royalty Basin Spud-in Operator 130

Oil & Gas 360º

APRIL 23, 2025

(World Oil) –Crescent Energy has closed the sale of its non-operated Permian basin assets to a private buyer for $83 million in cash, the company announced Tuesday. The assets are located in Reeves County, Texas and had projected full-year 2025 production of approximately 3 Mboe/d (~35% oil).

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Basin Operator Completion Energy 130

Marcellus Drilling News

MAY 12, 2025

Coterra Energy, formed by the merger of Cabot Oil & Gas (drills for natural gas in the Marcellus) and Cimarex Energy (drills for oil in the Permian and Anadarko basins), issued its first quarter 2025 update last week. There was a lot of news coming from the update. However, two things stood out for us:

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Natural Gas Basin Gas Oil 230

Oil & Gas 360º

JUNE 9, 2025

(Oil & Gas 360) – HOUSTON, TX, June 09, 2025 (GLOBE NEWSWIRE) — Prairie Operating Co. This facility enhances our financial flexibility and supports our ongoing development activity and pursuit of accretive growth opportunities in the DJ Basin.” its lead arranger. its lead arranger. Truist Bank, UMB Bank, N.A.,

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Operator Natural Gas Basin Oil 130

OilPrice

APRIL 24, 2025

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.

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Exploration Well Basin Petroleum Completion 262

Malcolm Graham Wood

APRIL 8, 2025

A small bounce for oil as the worlds markets pause after the recent pain. Today Zephyr has good results from the Paradox Basin and Prospex update on its gas assets in Europe. The post Oil price, Zephyr, Prospex. And finally… appeared first on Malcy's Blog.

Oil 147

Oil Basin Gas IT 147

Oil Gas Leads

JUNE 11, 2025

Below we summarize recent (2024–2025) drilling activity, budget allocations, and production volumes in Oklahoma (primarily the Anadarko Basin and related plays) for six companies: Ovintiv , Mach Natural Resources , Devon Energy , Coterra Energy , Continental Resources , and Mewbourne Oil Company. Liquids” includes crude oil and NGLs.

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Operator Gas Oil Basin 52

OilPrice

MAY 6, 2025

Following our report earlier thatSaudi Arabia has declared a new price waron OPEC+ quota-busters such as Kazakhstan, and non OPEC+ members such as US shale producers, today after the close Diamondback Energy, the largest independent oil producer in the Permian Basin, made a historic pronouncement today when it said thatproduction has likely peaked (..)

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Basin Field Oil Energy 260

Oil & Gas 360º

MAY 20, 2025

Hess Bakken Investments, a Hess subsidiary, operates about 483 producing wells in the Williston Basin in which Continental owns a working interest. Hess Corp has a 38% interest in Hess Midstream, which owns oil, gas and produced water handling assets primarily in the Bakken and Three Forks shale plays, Continental said.

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Midstream IT Oil Operator 130

Oil & Gas 360º

JUNE 16, 2025

(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. Register to attend. CanCambria Energy Corp. The area has no existing deep drilling and is largely unexplored, covered only by old 2D seismic.

Energy 130

Energy Energy Exploration and Production Basin 130

Oil & Gas 360º

APRIL 9, 2025

(Oil Price) – Chevron will boost the so-called triple fracs fracturing three wells with one frac spread at one time to more than half of its wells in the Permian basin, a Chevron executive told Reuters , amid efforts to reduce the costs and times of fracking at the worlds top shale basin. According to the top U.S.

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IT Basin Barrel Oil 130

Oil & Gas 360º

APRIL 1, 2025

( Oil & Gas 360) –THE WOODLANDS, Texas, April 01, 2025 (GLOBE NEWSWIRE) — Ring Energy, Inc. NYSE American: REI) (Ring or the Company) announced that it has completed its previously-announced acquisition (the Transaction) of the Central Basin Platform (CBP) assets of Lime Rock Resources IV, LP (Lime Rock) on March 31, 2025.

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Basin Energy Energy Exploration and Production 130

OilPrice

MAY 16, 2025

shale heavyweight secured full operatorship of Unconventional Onshore Block 3 (UCO3), a nearly 900,000-acre stretch of oil-prone rock in the Al Dhafra region, smack in the middle of one of the most watched oil basins in the world. Announced Friday, the U.S. Drilling is slated for the second half of 2025,

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Basin Oil IT 234

Oil & Gas 360º

MAY 2, 2025

(Oil Price) –First-quarter earnings at ExxonMobil ( NYSE: XOM ) topped analyst estimates as higher production in the Permian and offshore Guyana offset part of the lower realizations due to falling oil prices. million oil-equivalent barrels per day from Permian growth driven by the acquisition of Pioneer.

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Basin Upstream Oil Offshore 130

Oil & Gas 360º

JUNE 18, 2025

(Oil & Gas 360) – HOUSTON , June 17, 2025 /PRNewswire/ — Talos Energy Inc. (“Talos” or the “Company”) (NYSE: TALO) today announced its enhanced corporate strategy designed to position the Company as a leading pure-play offshore exploration and production company. Build a long-lived, scaled portfolio.

Exploration and Production 130

Exploration and Production Energy Energy Offshore 130

Oil & Gas 360º

MAY 8, 2025

(World Oil) – Permian Resources has reached an agreement to buy core assets in the Delaware basin from Apache parent company APA Corp. The deal, valued at $608 million, includes 13,320 net acres, 8,700 net royalty acres and 12,000 Boe/d directly offset Permian Resources core New Mexico operating areas.

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Basin Royalty Operator Utilities 130

OilPrice

APRIL 2, 2025

ConocoPhillips is considering the sale of oil and gas assets in Oklahoma, which it acquired through its $22.5-billion billion purchase of Marathon Oil last year, Reuters reported exclusively on Wednesday, citing unnamed sources familiar with the matter. The sale could potentially involve assets in the Anadarko Basin,

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Basin Oil Gas IT 198

Oil & Gas 360º

APRIL 30, 2025

(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.

Gas 130

Gas Oil Exploration and Production IT 130

Oil & Gas 360º

APRIL 22, 2025

(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.

Gas 130

Gas Oil Exploration and Production IT 130

Oil & Gas 360º

JUNE 19, 2025

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. Benefitting IN!

Energy 130

Energy Energy Exploration and Production E&P 130

Oil & Gas 360º

JUNE 5, 2025

(World Oil) – The media are reporting new predictions that oil production in America is in irreversible decline. Apparently, peak oil is back in vogue, like it’s 2005 instead of 2025. And nowhere is that dynamic clearer than in Texas, the powerhouse of American oil and gas. Previous inaccurate predictions.

Oil 130

Oil Natural Gas Hydraulic Fracturing Gas 130

Oil & Gas 360º

APRIL 17, 2025

(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.

Basin 130

Basin Oil Petroleum Gas 130

Enverus

JUNE 6, 2025

The first quarter of 2025 has seen a remarkable surge in oil and gas mergers and acquisitions (M&A) within the upstream oil and gas sector, with transactions totaling $17 billion. Smaller deals are still occurring, particularly in conventional plays and areas outside major basins.

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Upstream Operator Basin E&P 130

Oil Gas Leads

JUNE 23, 2025

From oil wells to lithium brines, Chevron is powering the electrification era—one acre at a time. Oil & Gas Account Directory Saskatchewan Light Oil Operator List Western Canada Heavy Oil Operator List St. domestic lithium supply chain. Why it matters?

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Oil & Gas 360º

MARCH 6, 2025

(World Oil) – Libyas oil and gas sector is set for a new era of growth and investment following the announcement of its first exploration bid round in 17 years. Momentum is already building across Libyas energy industry, with several upstream developments demonstrating the countrys renewed focus growth and investment.

Exploration and Production 130

Exploration and Production Oil Field Offshore 130

Oil & Gas 360º

MARCH 10, 2025

(World Oil) – Africas national oil companies (NOC) are moving beyond operating as state-representatives by transforming themselves into competitive upstream players. Boosting production Major oil producers in Africa are striving to boost production and NOC-IOC collaboration is at the forefront.

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E&P Exploration and Production Oil Field 130