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Brent Crude $78.03 +1.73% Natural Gas $4.04 +1.35% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Inpex Granted Production Concession for UAE Block by Rocky Teodoro | Rigzone Staff | Thursday, June 19, 2025 | 8:56 AM EST The Japanese energy firm has been conducting exploration and evaluation activities in the block since 2018.
(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. CanCambria Energy Corp. The signing formally initiates a four-year exploration period. About CanCambria Energy Corp.
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. (Oil The conference is free for qualified investment professionals.
Austin, Texas (May 28, 2025) — Enverus, the most trusted energy-dedicated SaaS company that leverages generative AI across its solutions, successfully concluded its annual EVOLVE Conference, held May 12–15 in Houston, Texas. The dashboards are very easy to use and it’s the most complete database for our U.S. operating companies.
Brent Crude $66.90 +0.65% Natural Gas $3.69 -2.62% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Vermilion EnergyCompletes Exit from USA with Asset Divestment by Rocky Teodoro | Rigzone Staff | Monday, June 09, 2025 | 8:00 AM EST The company said it expects the transaction, which has an effective date of January 1, to close in the third quarter.
(World Oil) – Vitesse Energy announced today the completion of its previously announced acquisition of Lucero Energy. Mboe per day of two-stream net production during the third quarter of 2024. Mboe per day of two-stream net production during the third quarter of 2024.
supermajor Chevron has expressed interest in oil and gas exploration in two additional offshore blocks south of the Greek island of Crete, Greeces Ministry of Energy and Environment said on Wednesday. The two new blocks now essentially double the total area for exploration to 47,000 sq km (18,147 square miles).
(Oil & Gas 360) – Publisher’s Note: Zephyr Energy will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown , August 17-20, 2025. Register to attend. million fundraise comprising a £9.8 million Placing and £0.7
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. A combination of technologies from the wellsite to the cloud is required to enable this new approach to intelligent completions.
The company said in a media release production resumed following major site upgrades in 2024 and 2025. The newly installed equipment and facilities are functioning well and ongoing adjustments are being made to optimize production, it said. We’d love to hear from you, join the conversation on the Rigzone Energy Network.
Savannah Energy announces the completion of the acquisition of 100% of Sinopec International Petroleum Exploration and Production Company Nigeria Limited SIPEC, following a signing ceremony held in Lagos earlier this … Read More The post NIGERIA: Savannah EnergyCompletes Acquisition of SIPEC appeared first on oilnewsafrica.
” It has been an industrious year to date for Mermaid, which recently announced the safe and successful completion of a scale inhibitor treatment on the Teal P2 well, part of the Anasuria Cluster in the Central North Sea. AOC), the intervention aims to safeguard production flow and well integrity for at least three years.
(Oil & Gas 360) – Publishers Note: Zephyr Energy plc will be presenting at the EnerCom Denver The Energy Investment Conference held at the Westin Denver Downtown on August 17-20, 2025. Initial production test observations include: A peak rate of 2,848 barrels of oil equivalent per day (“boepd”) (11.9
Energy Development Corporation (USEDC), a Fort Worth-based exploration and production company focused on developing oil and gas projects for itself and its partners, has acquired ~20,000 net acres in Reeves and Ward Counties, Texas. from $165 million to $300 million Fort Worth, TX U.S. Increased Citibank, N.A.
(Oil & Gas 360) – Join us as we celebrate three decades of bringing together the energy industry’s companies, investors, analysts, and industry leaders. Don’t miss the celebration, sponsorship opportunities are still available. The conference kicks off with the annual Charity Golf Tournament on Sunday, August 17th.
(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).
Nasdaq: NEHC) (“NEHC” or the “Company”), a next-gen exploration and production platform in the Permian Basin, today announced that Texas Critical Data Centers, LLC (“TCDC”) its joint venture with Sharon AI, Inc., We’re committed to building out a scalable, resilient platform to meet the rising energy demands of AI.”
(Oil & Gas 360) Opal Coalbank consists of nine DUC wells on track for production this summer Previously announced drilling of Rusch Pad ahead of schedule Recently announced strategic hedging program in the money by ~$70 million HOUSTON, TX, April 28, 2025 (GLOBE NEWSWIRE) — Prairie Operating Co.
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.
(Oil & Gas 360) Vancouver, BC April 15, 2025 CanCambria Energy Corp. TSXV: CCEC) (FSE: 4JH) (CanCambria or the Company) today announced the appointment of Eric Vaughan as Vice President of Drilling and Completions, effective immediately. We wish her all the very best in her retirement. Paulette Pears will succeed Ms.
Image by EyeEm Mobile GmbH via iStock Gran Tierra Energy Inc. said its subsidiary has signed an agreement to sell its wholly owned subsidiary Gran Tierra North Sea Limited (GTNSL) to private upstream company NEO Energy for $7.5 Image by EyeEm Mobile GmbH via iStock Gran Tierra Energy Inc.
Image by Philipp Pelka via iStock DNO ASA said it has completed its acquisition of Sval Energi Group AS from HitecVision for cash consideration of $450 million based on an enterprise value of $1.6 DNO completed a private placement of $400 million of subordinated hybrid bonds with a coupon rate of 10.75
Austin-based Greenlake Energy announced last week the formation of Greenlake Energy II, its newest exploration and production platform, backed by more than $200 million in equity commitments from NGP Energy Capital Management and Greenlakes management.
(Oil & Gas 360) –HOUSTON(BUSINESS WIRE) Chevron Corporation ( NYSE: CVX ) announced today that it started oil and natural gas production from the Ballymore subsea tieback in the deepwater Gulf of America. About Chevron Chevron is one of the worlds leading integrated energy companies. Malo facilities.
It is the third exploration well drilled in production licence 891, which was awarded during the Awards in Predefined Areas (APA) in 2016. A successful formation test was completed, achieving a maximum production rate of 650 standard m 3 of oil per flow day through a 36/64 in. nozzle opening. Already a member?
During the exploration drilling carried out in December 2024, oil was found at a depth of 1,250 meters. The fact that we achieved this success in the concession belonging to Bzakerettye, which has an almost 100-year oil industry tradition, is clear evidence that there is still potential in hydrocarbon exploration in Hungary.
The presenting company lineup as of June 18, 2025, includes: Advantage Energy (TSX: AAV) Amplify Energy (NYSE: AMPY) Anschutz Exploration Armstrong Oil & Gas APA Corp. This year’s conference will occur August 17-20, 2025, at T he Westin Denver Downtown.
Boosting production Major oil producers in Africa are striving to boost production and NOC-IOC collaboration is at the forefront. Algerias Sonatrach will increase hydrocarbon production by 2.5% Algerias Sonatrach will increase hydrocarbon production by 2.5%
(Oil & Gas 360) – Publisher’s Note: Zephyr Energy will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown , August 17-20, 2025. The internal technical evaluation of this well is now largely complete, prior to further review by a third party. Register to attend.
(World Oil) –INEOS Energy has completed its acquisition of the U.S. Gulf business held by CNOOC Energy Holdings U.S.A. The deal increases INEOS Energysproduction globally to over 90,000 barrels of oil equivalent per day (boed) and marks the third major investment by INEOS Energy in the U.S.,
(ADNOC) launched the platform late last year to drive the United Arab Emirates’ expansion in the chemical, low-carbon energy and natural gas markets. In March XRG said it had completed the purchase of Galp Energia SGPS SA’s 10 percent stake in the Area 4 concession in Mozambique’s Rovuma Basin. billion.
(Oil & Gas 360) – Publisher’s Note: EOG Resources will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown , August 17-20, 2025. Pro forma production totals 275,000 barrels of oil equivalent per day creating a leading producer in the Utica shale play. Register to attend.
(Oil & Gas 360) – Publisher’s Note: CanCambria Energy will be presenting at EneCom Denver – The Energy Investment Conference on August 17-20, 2025. CanCambria Energy Corp. CanCambria Energy Corp. The complete resource evaluation can be downloaded from SEDAR+. About CanCambria Energy Corp.
The first two days of Gastech 2024 have flown by with talking points aplenty and a who's-who of the energy industry in Houston at the city's George R. Bush got things going on Monday night by highlighting his state and country's achievements in the global energy sphere at the Gastech pre-event gala dinner. Brown Convention Center.
While some experts expect a short conflict and easing prices, others warn a complete shutdown of the strait could send oil prices soaring to $120-$130 per barrel, hurting global consumers. holds a key weapon in its massive shale energy output. oil-and-gas exploration stocks amid the recent tensions. Read more Chevron enters U.S.
Image by pavalena via iStock Vietnam Oil and Gas Group (Petrovietnam) and its joint venture partners have signed a product sharing contract (PSC) for Block 15-1 on the southern continental shelf of Vietnam. percent, Korea National Oil Corporation (KNOC) holds 11.4 percent, SK Group holds 7.2 percent, and Geopetrol holds 2.6
This blog explores how AI in oil and gas can be a game-changer for small and mid-sized operators and what tools they can use to increase their bottom line. Smaller operations companies can leverage these tools to remain competitive and explore growth opportunities.
(Oil & Gas 360) – Join us as we celebrate three decades of bringing together the energy industrys companies, investors, analysts, and industry leaders! The presenting company lineup as of May 21, 2025, includes: Advantage Energy (TSX: AAVVF) Amplify Energy (NYSE: AMPY) Anschutz Exploration Armstrong Oil & Gas APA Corp.
Genel Energy has issued a trading and operations update relating to Q1 2025. Paul Weir, Chief Executive of Genel, said: " In line with expectations, the Tawke PSC continues to deliver consistent, reliable production and generate significant cash flow even at the discounted domestic sales prices. By John Lee.
(World Oil) – SLB has been awarded a major drilling contract by Australian independent Woodside Energy for its ultra-deepwater Trion development project, offshore Mexico. First production is targeted in 2028. Manufacturing is currently on track. Woodside is developing the field in partnership with Pemex.
BP is one of the major developers of the Alberta Oilsands, and a global energy company based in the UK. The contract between North Oil Company (NOC), North Gas Company (NGC) and bp includes the rehabilitation and redevelopment of the fields, spanning oil, gas, power and water with potential for investment in exploration.
(Oil & Gas 360) – Publisher’s Note: Zephyr Energy will be presenting at EneCom Denver – The Energy Investment Conference at the Westin Downtown on August 17-20, 2025. Register to attend. With the publication of this announcement, this information is now considered to be in the public domain.
(Oil & Gas 360) Publisher’s Note: Whitecap Resources will be presenting at the 30th Anniversary EnerCom Denver-The Energy Investment Conference at the Westin Denver Downtown on August 17-20, 2025. The transaction is expected to close before May 30, 2025. million acres in Alberta. billion 1.
( 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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