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African national oil companies (NOCs) partnering with independents to drive E&P

Oil & Gas 360º

(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.

E&P 130
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Bayswater E&P closes $600 million sale of DJ Basin assets

Oil & Gas 360º

(World Oil) –Bayswater Exploration and Production (Bayswater), a Denver-based oil and natural gas development company closed the sale of certain Denver Julesburg (DJ) Basin assets to Prairie Operating Co. in a cash and stock transaction valued at approximately $603 million.

E&P 130
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RPC acquires Midland’s Pintail Completions for wireline services

Permian Basin Oil and Gas Magazine

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.

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OPEC+ likely to pause output hikes after next meeting, says Goldman Sachs

Oil & Gas 360º

(World Oil) – With the producer club nearing the end of a first phase of jumbo output hikes, the market’s attention is turning to what will come after. The organization and its allies have been voluntarily holding back a second, smaller tranche of supply, propping up oil prices. That’s our expectation, that we will get another 0.55

Crude Oil 130
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EnerCom announces Liberty Energy and Baker Hughes as Keynote Speakers at the 30th annual EnerCom Denver – The Energy Investment Conference, August 17-20, 2025

Oil & Gas 360º

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.

Energy 130
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Chevron and Halliburton Enable Intelligent Hydraulic Fracturing

Oil & Gas 360º

(Oil & Gas 360) – HOUSTON–(BUSINESS WIRE)– Chevron U.S.A. a subsidiary of Chevron Corporation ( NYSE: CVX ), and Halliburton ( NYSE: HAL ) jointly developed a new process that enables closed-loop, feedback-driven completions in Colorado.

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U.S. Energy Development Corporation expands Permian footprint acquiring $390 million asset and announces upsized credit facility

Oil & Gas 360º

(Oil & Gas 360) ~20,000 net acres Significant multi-bench drilling inventory Upsize of USEDCs syndicated revolving credit facility led by Citibank, N.A. oil and gas properties. from $165 million to $300 million Fort Worth, TX U.S. Increased Citibank, N.A. from $165 million to $300 million.

E&P 189