This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
(Oil Price) – Azule Energy, a joint venture of international majors BP and Eni, has discovered a major natural gas reservoir offshore Angola in the first gas-targeting exploration well in the oil-producing country. Adriano Mongini, CEO of Azule Energy, commented: “This is a landmark moment for gas exploration in Angola.
After ExxonMobils swathe of world-class discoveries in Guyanas offshore Stabroek Block, the Guyana-Suriname Basin emerged as the worlds hottest drilling location.
Chevron plans to begin drilling an exploration well offshore Namibia, where several international majors have found huge oil and gas resources in recent years.
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
rig count of 559, 544 rigs are categorized as land rigs, 13 are categorized as offshore rigs, and two are categorized as inland water rigs. land rig count reduced by four, and its offshore rig count and inland water rig count remained unchanged, the count highlighted. and 114 rigs from Canada, the count outlined. Of the total U.S.
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) Netherland, Sewell & Associates, Inc.
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) Netherland, Sewell & Associates, Inc.
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) 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. You can sign up at [link] to be notified when more information is available.
(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. You can sign up at [link] to be notified when more information is available.
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.
The Tanzania Petroleum Development Corporation is developing the Tanzania LNG project, working with Shell and Equinor to monetize resources in Blocks 1, 2 and 4. The partners completed the offshore platform for Angolas first non-associated gas project in February 2025, with production on track for early-2026.
Yet, through experimentation and persistence, they achieved something revolutionary: the ability to extract petroleum in meaningful, scalable quantities. Related Blogs Permian Basin Oil History Permian Basin Discovery Great News for Texas Who Were the Top Oil Producing Countries in 2022?
Summary : While an Iranian closure of the Strait of Hormuz, where 20% of world petroleum passes, could push oil to triple digits, the U.S. support for renewable energy has fallen since 2022, with backing for offshore wind expansion dropping from 59% to 44% and for solar farms from about 66% to 50%. So does the U.S.
rig count of 554, 538 rigs are categorized as land rigs, 14 are categorized as offshore rigs, and two are categorized as inland water rigs. land rig count reduced by five, its offshore rig count increased by four, and its inland water rig count remained unchanged, the count highlighted. and 139 rigs from Canada, the count outlined.
As part of his visit to the petroleum facilities at Ain Sokhna Port on the Red Sea coast, Minister of Petroleum and Mineral Resources, Karim Badawi, visited Sonker Bulk Liquids Terminal (SBLT): Basin-3, Sokhna Port.
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) Netherland, Sewell & Associates, Inc.
rig count of 547, 533 rigs are categorized as land rigs, 12 are categorized as offshore rigs, and two are categorized as inland water rigs. land rig count reduced by five, its offshore rig count decreased by two, and its inland water rig count remained unchanged, the count highlighted. Although the U.S. Of the total U.S. The total U.S.
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) Netherland, Sewell & Associates, Inc.
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.
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) Netherland, Sewell & Associates, Inc.
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) Netherland, Sewell & Associates, Inc.
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) Netherland, Sewell & Associates, Inc.
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) Netherland, Sewell & Associates, Inc.
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) Netherland, Sewell & Associates, Inc.
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) Netherland, Sewell & Associates, Inc.
Environmental Protection Agency (EPA) released its final Subpart W rule to cover petroleum and natural gas facilities under the agency’s Greenhouse Gas (GHG) Reporting Program. The original Subpart W rule for petroleum and natural gas facilities was proposed in March 2010.
rig count of 537, 522 rigs are categorized as land rigs, 13 are categorized as offshore rigs, and two are categorized as inland water rigs. land rig count reduced by two, while the country’s offshore rig count and inland water rig count remained unchanged, the count highlighted. Although the U.S. Of the total U.S. The total U.S.
billion Date: October 11, 2024 ExxonMobil made waves by acquiring Pioneer Natural Resources, securing 850,000 net acres in the Permian Basin. Occidental Petroleums Acquisition of CrownRock Value: $12 billion Date: March 2024 Occidental acquired CrownRocks 70,000 acres in the Permian Basin, adding 50,000 boe/d to its production.
That was formed in 1977 under the name National Nigeria Petroleum Company. company has a 40-60 joint venture with the NNPC, which is the majority shareholder, and stakes in several offshore fields, including several deepwater blocks that have yet to be developed. One of these measures targets offshore projects specifically.
onshore wind farms and spinning off offshore wind assets. 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%.
In July 2024, France launched its updated CCUS strategy, targeting a CO 2 emissions reduction of 4 to 8 Mtpa by 2030 and identifying potential onshore and offshore CO 2 storage locations. Transport type: Offshore pipeline transport costs are typically 1.3 Thereafter, transport economies of scale significantly decline.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content