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The partners completed the offshore platform for Angolas first non-associated gas project in February 2025, with production on track for early-2026. Unlocking new E&P markets A slate of discoveries in recent years have opened up new oil and gas plays across the continent.
Atlanta-based RPC, oil and gas services company, said recently it acquired Pintail Alternative Energy, which does business as Pintail Completions, for $245 million ($170 million cash). The post RPC acquires Midlands Pintail Completions for wireline services appeared first on Permian Basin Oil and Gas Magazine.
“Halliburton will provide subsurface technology, drilling and completion services, and digital solutions for major new developments”, Houston, Texas-based Halliburton said in a press release. The contract also covers decommissioning. announced a deal to consolidate their UK North Sea assets.
is pleased to announce that Ron Gusek, CEO of Liberty Energy and Amerino Gatti, Executive Vice President of Oilfield Services & Equipment for Baker Hughes have been confirmed as keynote speakers at EnerCom Denver – The Energy Investment Conference. Ron holds a B.Sc. Ron is a runner, cyclist, hiker, skier, and occasional adventure racer.
Large public E&Ps are consolidating premium inventory in core regions like the Permian, where high-quality assets are scarce and valuations are steep. Large public E&Ps are consolidating premium inventory in core regions like the Permian, where high-quality assets are scarce and valuations are steep.
Credit Facility Concurrent with this acquisition, USEDC completed an increase in the borrowing base and commitments under its syndicated revolving credit facility led by Citibank, N.A. (Oil & Gas 360) ~20,000 net acres Significant multi-bench drilling inventory Upsize of USEDCs syndicated revolving credit facility led by Citibank, N.A.
Don’t miss the celebration, sponsorship opportunities are still available. is pleased to announce its lineup of unparalleled networking opportunities at the upcoming EnerCom Denver – The Energy Investment Conference to be held August 17-20, 2025, at the Westin Denver Downtown in Denver, Colorado. and EnerCom.
Houston-based Voyager Interests, private equity firm specializing in energy services and equipment investments, said last week it made a majority investment in Midlands Tejas Completion Services. Tejas provides specialty pumping and related services, including acid and completion chemicals, mixing plant services, and thru-tubing services.
The drilling of the new well in the Somogysmson oilfield, called Som-8, began on November 25, 2024, and was completed after 33 days. MOL has ambitious E&P investment plans. (World Oil) –MOL has discovered a new oil field near Somogysmson in Western Hungary.
Presentation opportunities are available for E&P, Midstream, OFS, Minerals, and Energy Transition companies Sponsorship opportunities are available for companies seeking to increase their marketplace awareness DENVER March 4, 2025 EnerCom, Inc.
The Trans Energy settlement shows that exploration and production (E&P) companies need a rigorous compliance strategy for wetlands permit requirements. On the other hand, the legal commentary has virtually ignored the importance of Nationwide Permits (NWPs) 12 and 39 to E&P activities. Trans Energy, Inc. ,
opera el proyecto Ballymore con una participacin del 60% mientras que el copropietario, TotalEnergies E&P USA, Inc., Ballymore, que se complet a tiempo y dentro del presupuesto, permite aumentar la produccin sin construir una nueva plataforma marina independiente. Hay que tomar en cuenta que la filial Chevron USA Inc.,
His resume spans both private and public E&P companies, with deep financial and operational experience: Spirit Oil & Gas, LLC – Co-Founder, Managing Director, CEO/CFO (2018–Present) EnerVest, Ltd. – miles on US-87 N, turn right, continue 0.4 What is a Permit by Rule?
Transaction Highlights Transforms EOG into a leading Utica E&P The acquisition of Encinos 675,000 net core acres significantly increases EOGs Utica position to a combined 1,100,000 net acres, representing more than two billion barrels oil equivalent of undeveloped net resource. Register to attend. billion of debt and $2.1
(NASDAQ: ACDC) (“ProFrac”) today jointly announced Flotek’s acquisition of power generation assets and related intellectual property (the “Acquired Assets”) from ProFrac GDM, LLC (“ProFrac GDM”), a subsidiary of ProFrac, for $105 million.
The first well was spud on April 1, 2025, utilizing Precision E-Drilling Rig 461, as part of the Companys continued strategy to expand production and enhance operational efficiencies in the Denver-Julesburg (DJ) Basin. Drilling is expected to be completed by early June, with hydraulic fracturing commencing shortly after.
Presentation opportunities are available for E&P, Midstream, OFS, Minerals, and Energy Transition companies Sponsorship opportunities are available for companies seeking to increase their marketplace awareness DENVER March 4, 2025 EnerCom, Inc.
Bill has contributed to virtually every area of our business, working in many locations across our global portfolio. Our deep, durable and diverse portfolio is built to meet growing global energy demands. Contacts Dennis Nuss (media) 281-293-1149 dennis.nuss@conocophillips.com Investor Relations 281-293-5000 investor.relations@conocophillips.com
Ballymore, which was completed on time and on budget, brings additional production online without building a new standalone offshore platform. Co-owner TotalEnergies E&P USA, Inc. This reduces our development costs and is expected to drive higher returns for shareholders. Chevron subsidiary Chevron U.S.A.
Anadarko E & P Onshore, LLC, 676 S.W.3d Anadarko E& P Onshore, LLC, no. The resulting settlement agreement required Anadarko to pay Cimarex for its 1/6th co-tenant share of the value of production, less Cimarex’s 1/6th share of the reasonable drilling completion and operations costs. 3d 73, 93 (Tex.
On June 2, the U.S. Court of Appeals for the Third Circuit analyzed what constitutes a prima facie maritime claim sufficient to support attachment of property under Rule B of the Supplemental Rules of Admiralty of the Federal Rules of Civil Procedure. Property of the defendant within the district is then subject to seizure. Bunge appealed.
(Oil & Gas 360) – Join us as we celebrate three decades of bringing together the energy industrys companies, investors, analysts, and industry leaders! The conference kicks off with the annual Charity Golf Tournament on Sunday, August 17th. The golf event is sponsored by global sponsor Netherland, Sewell & Associates, Inc.,
Top 10 Oparators in Oklahoma by Wells Drilled (June 2025) Company Oklahoma Production Oklahoma CapEx Active Rigs (Drilling) Ovintiv ~91 MBOE/d (Q1 2025; ~55% liquids) ~$300–$325 MM planned 2025 ~1–2 rigs (added one in early 2025) Mach Natural Resources (Mach) ~86.7 By year-end 2024, Mach had 5 net wells in progress and one active rig.
We see potential for further growth in the US, and under Colettes leadership, intend to build on Shells competitive strengths as we deliver the secure energy our customers need to power their lives and businesses. Notes to editors The U.S. Shells U.S. Each forward-looking statement speaks only as of the date of this press release, May 5, 2025.
is navigating commodity market volatility with disciplined capital allocation, as it trims its 2025 drilling and completion plans. The Dallas-based E&P announced in its Q1 2025 earnings that it will reduce its rig count midyeardropping from nine to eightciting weaker commodity prices and an uncertain macroeconomic outlook.
. (“Veren”) (TSX: VRN) (NYSE: VRN) are pleased to announce a strategic combination to create a leading light oil and condensate producer with concentrated assets in the Alberta Montney and Duvernay. Under the terms of the Agreement, Veren shareholders will receive 1.05 common shares of Whitecap for each Veren common share held. .”
In the EPA’s 2020 proposed regulations, Lakers are subcategorized and completely exempted from the VGP’s numeric standard but required to implement certain BMPs. It also requires the U.S. Coast Guard (“USCG”) to develop corresponding regulations to enforce compliance with the EPA’s standards.
and (2) Does the contract provide or do the parties expect that a vessel will play a substantial role in the completion of the contract? 3] In Crescent , litigation ensued after Crescent’s employee suffered injuries while conducting P&A work on a platform. Carrizo Oil & Gas, Inc. [3]
He continued, Ballymore, which was completed on time and on budget, brings additional production online without building a new standalone offshore platform. holding a 60% working interest, with TotalEnergies E&P USA, Inc. This reduces our development costs and is expected to drive higher returns for shareholders.
Fossil”), with whom Tauren contracted to conduct operations on the property, drilled and completed wells on the leased property in Sections 9, 10, and 16. [5] 1] The dispute in Gloria’s Ranch, L.L.C. Tauren Exploration, Inc. 3] Tauren subsequently assigned a 49% interest in the lease to Cubic Energy, Inc. 5] Chesapeake Operating, Inc.
Upstream: Activities: Upstream refers to the exploration and production (E&P) phase of the oil and gas industry. Key Processes: Exploration, reservoir analysis, drilling, well completion, and production. It involves locating, surveying, drilling, and extracting crude oil and natural gas from underground reservoirs.
Leading producers include: EOG Resources SM Energy Magnolia Oil & Gas Lewis Energy Group Crescent Energy Kimmeridge Texas Gas (KTG) GeoSouthern Energy II New entrants like Black Mountain Oil & Gas , Rosewood Resources , and Mitsui E&P USA have also joined the play, according to Texas Railroad Commission (RRC) filings.
Anadarko E&P Onshore, LLC , 520 S.W.3d This is the dome that underlies the property, it is completely salt from top to bottom, from left to right. The case was Myers-Woodward v. Underground Services Markham. The case remains pending before the Texas Supreme Court on petition for review. West , 508 S.W.2d 2d 812 , 815 (Tex.
In January of this year, the Supreme Court of Pennsylvania tackled an issue that has been confronted by few other courts—whether the rule of capture precludes a claim for subsurface trespass due to hydraulic fracturing. [1] 2] Both the trial court and the appellate court awarded damages to the plaintiffs for the gas drained.
Leading producers include: EOG Resources SM Energy Magnolia Oil & Gas Lewis Energy Group Crescent Energy Kimmeridge Texas Gas (KTG) GeoSouthern Energy II New entrants like Black Mountain Oil & Gas , Rosewood Resources , and Mitsui E&P USA have also joined the play, according to Texas Railroad Commission (RRC) filings.
Amidst historically low oil prices and economic shutdowns, fossil fuel companies continue to defend against lawsuits brought by state and local governments claiming climate-change related damages. 1442(a)(1). In City of Oakland et al. 1442(a)(1). 1442(a)(1).
In Guyana , through its Azule Energy joint venture with Eni, the Agogo FPSO completed construction and is now en route to Block 15/06, enhancing production in Angolas offshore region. This represents a slight decline compared to 2,164 mboe/d in Q1 2024 a decrease of about 1.9%. TWh , the same as Q1 2024. billion Net Income: $2.63
The Bureau of Ocean Energy Management (“BOEM”) and the Bureau of Safety and Environmental Enforcement (“BSEE”) recently issued a proposed rule on Risk Management, Financial Assurance and Loss Prevention (“Proposed Rule”), which was published in the Federal Register on October 16, 2020 and is now open for public comment.
The ATHOS I successfully completed the 1,900 mile journey from Venezuela to Paulsboro, but its hull was pierced by a submerged anchor within 900 meters of its intended berth. Procedural History The case was originally tried in a forty-one day bench trial by Judge John P. as Owner of the M/T ATHOS I , Nos. 2701, et seq.
The Bureau of Ocean Energy Management (“BOEM”) and the Bureau of Safety and Environmental Enforcement (“BSEE”) recently issued a proposed rule on Risk Management, Financial Assurance and Loss Prevention (“Proposed Rule”), which was published in the Federal Register on October 16, 2020 and is now open for public comment.
Variability in geology, completion designs, parent-child interference, and operational practices means that no two wells behave the same. Enhanced Data Interpretation Machine learning models can simultaneously analyze thousands of variables, such as production data, completion details, geology, pressure, spacing, etc.
Gusek said he does not currently expect a slowdown in activity, noting that the guidance from Libertys customers indicates a 2-3% hike in well completion costs. Still, industry costs are rising, and Liberty will try to offset them by targeting more efficiency in its operations, such as by completing wells faster, Gusek said.
It’s been a great event so far. Sean McMahon 0:35 Yeah, I think everyone’s been talking about how vibrant this year’s IDX is. So what’s your take? Derek Sammann 0:40 Well, first of all, it’s sunny, which is rare for London, so I get that going for us. And this has a very different feel to it. Oh my gosh.
They do have a contract with Glencore that comes up in 2027, but it seems less likely given that I can’t see anywhere else for the coal to go and I doubt Glencore wants to be completely reliant on a single terminal anyway (they partly own the Neptune Terminal outside of Vancouver). AND I DECIDED.TO So I did a deep dive on it.
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