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Navigating the M&A Landscape in 2025: Insights for Small to Mid-Sized Upstream Operators

Enverus

Large public E&Ps are consolidating premium inventory in core regions like the Permian, where high-quality assets are scarce and valuations are steep. In some cases, promising assets may remain unsold or be sold at a discount, limiting reinvestment potential. This concentration underscores a broader trend.

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Texas new drills jump 27% higher in March over February, tie January’s level

Oil & Gas 360º

The total includes 613 to drill new oil or gas wells, 15 to re-enter plugged wellbores, 5 field transfers, 1 reclass and 62 for re-completion. As is always the case, the March 2025 numbers are subject to updating and revision by the commission.

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CanCambria Energy Corp announces resource evaluation report for the Kiskunhalas tight-gas project, southern Hungary

Oil & Gas 360º

for un-risked case. CanCambrias Field Development Plan (FDP) comprises a total of 100 wells, with two phases each comprising 50 well tranches. Full FDP results in capital expenditure from CHPE (2C case) of US$947.9 million, discounted at the same 10% rate.

Gas 130
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Seizing the agentic AI advantage

McKinsey

To scale impact in the agentic era, organizations must reset their AI transformation approaches from scattered initiatives to strategic programs; from use cases to business processes; from siloed AI teams to cross-functional transformation squads; and from experimentation to industrialized, scalable delivery.

Casing 145
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Getting a Line on Wireline

Permian Basin Oil and Gas Magazine

Vertice management said that the acquisition enhances Vertices’ ability “to support wireline service providers and E&P companies with innovative tools and integrated solutions, and broadens its presence across unconventional oil and gas markets.” They do cased hole work, both vertical and horizontal production.

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Zephyr Energy announces initial results from State 36-2R well evaluation Williston Project and Zephyr Hawk update

Oil & Gas 360º

The results also suggest that there may be a substantial increase in our base case recoverable resources which could add tremendous value to the project over time. 10,000′ to 15,000′ laterals) for the purpose of field development planning, with potential gas EURs ranging from 9 to 37.5 Total Gross equivalent (MMBOE) 32.5

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Third Circuit Issues Long-Awaited Ruling in OPA Liability Case

The Energy Law

Procedural History The case was originally tried in a forty-one day bench trial by Judge John P. This raises a dire warning to defendants in cases involving subrogated claims. 2607(d)(2)(B), limited its liability in the case to the same extent as Frescati’s (which had been limited to approximately $45 million).

Casing 40