Oil News Africa

MARCH 10, 2025

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 Energy Completes Acquisition of SIPEC appeared first on oilnewsafrica.

Completion 87

Completion Exploration and Production Energy Energy 87

Oil & Gas 360º

MAY 7, 2025

During the production test, the well was tested at multiple flow rates in order to gather data to determine the flow capacity of the well, to provide an early estimate of potential resource volumes, and to obtain high quality fluid samples. the “Paradox project”). Water cut was less than 0.5%

Energy 147

Energy Energy Exploration and Production Condensate 147

Oil & Gas 360º

JUNE 19, 2025

in Mechanical Engineering from the University of Alberta and has held previously roles at Sanjel Corporation, Zodiac Exploration, and Pinnacle Technologies, specializing in hydraulic fracturing in unconventional reservoirs. At Liberty, he focuses on technology innovation, service quality, efficiency, and optimization. Ron holds a B.Sc.

Energy 130

Energy Energy Exploration and Production E&P 130

Enverus

MAY 28, 2025

The company’s flagship customer conference brought together more than 700 leaders, innovators and decision-makers from across the energy value chain to explore the future of energy through the lens of generative artificial intelligence, market transformation and operational excellence. operating companies.

Energy 130

Energy Energy Exploration and Production Gas 130

Oil & Gas 360º

MARCH 10, 2025

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%

E&P 130

E&P Exploration and Production Oil Field 130

Rigzone

JUNE 10, 2025

The completion of the transaction, expected in the third quarter, is subject to certain customary conditions precedent, including consent from the North Sea Transition Authority with respect to the change of control of GTNSL, according to the release. Image by EyeEm Mobile GmbH via iStock Gran Tierra Energy Inc.

Exploration and Production 67

Exploration and Production Energy Energy Completion 67

Rigzone

JUNE 16, 2025

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

Energy 67

Energy Energy Exploration and Production Field 67

Rigzone

JUNE 10, 2025

In May XRG said it had obtained a 38 percent stake in the Block I gas and condensate fields on Turkmenistan’s side of the Caspian Sea. 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.

Gas 95

Gas Natural Gas Exploration and Production Completion 95

Oil & Gas 360º

MARCH 31, 2025

The full scope of the contract includes digital directional drilling services and hardware, logging while drilling (LWD), surface logging, cementing, drilling and completions fluids, completions, and wireline services. Woodside is developing the field in partnership with Pemex. First production is targeted in 2028.

Topsides 130

Topsides Supply Chain Offshore Completion 130

Egypt Oil & Gas

MARCH 8, 2025

Agiba Petroleum, together with its shareholders, has successfully completed the fast-track development of the Iris Field, a major hydrocarbon asset in the Egyptian Western Desert. The discovery made in the Masajid Formation, a Late Cretaceous carbonate reservoir, marks a significant milestone in Agibas near-field exploration strategy.

Field 52

Field Infill Drilling Exploration and Production Petroleum 52

Oil & Gas 360º

MAY 29, 2025

In addition, the Company also provides initial results related to hydrocarbon production in the first quarter of 2025 (“Q1”)from its non-operated asset portfolio in theWilliston Basin,North DakotaandMontana,U.S.(the The internal technical evaluation of this well is now largely complete, prior to further review by a third party.

BCF 130

BCF Energy Energy Condensate 130

Egypt Oil & Gas

MARCH 27, 2025

bp announced that it has received final government ratification for its contract to invest in the redevelopment of several giant oil fields in Kirkuk, in the north of Iraq. The agreement is for an initial phase that includes oil and gas production of more than 3 billion barrels of oil equivalent (boe).

Field 52

Field Exploration and Production Oil Barrel 52

Rigzone

JUNE 10, 2025

“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. To contact the author, email jov.onsat@rigzone.com What do you think?

Operator 62

Operator E&P Exploration and Production E&A 62

Iraq Business News: Oil & Gas

FEBRUARY 17, 2025

Achieving self-sufficiency in diesel and kerosene production. Abdul Ghani emphasized Iraq's strategy of integrated projects, linking oil production, gas utilization, power generation, refining, and petrochemical industries. On renewable energy, Iraq has secured commitments for 8,000 MW of solar power at oil field sites.

Gas 75

Gas Exploration and Production Pipeline Refinery 75

Oil & Gas 360º

MAY 12, 2025

The companys 2023/24 proprietary 3D seismic program was fully utilized in the preparation of the report and integrates three legacy wells; the dataset provides open-hole logs, core and gas test/production data. CanCambrias Field Development Plan (FDP) comprises a total of 100 wells, with two phases each comprising 50 well tranches.

Gas 130

Gas Exploration and Appraisal Energy Energy 130

Oil & Gas 360º

APRIL 7, 2025

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. Meanwhile, the commission issued 696 original drilling permits in March 2025.

Dry Hole 130

Dry Hole Basin Oil Gas 130

Iraq Business News: Oil & Gas

MAY 8, 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. Genel Energy has issued a trading and operations update relating to Q1 2025.

Energy 97

Energy Energy Exploration and Production Pipeline 97

Oil & Gas 360º

MARCH 10, 2025

Our combined company will include exceptional technical and support personnel from the two companies in both the office and field and an experienced Board of Directors that prioritizes sustainable and profitable growth to generate strong returns for our combined shareholders. million acres in Alberta.

Energy 130

Energy Energy Exploration and Production Natural Gas 130

Oil & Gas 360º

APRIL 1, 2025

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. ( Oil & Gas 360) –THE WOODLANDS, Texas, April 01, 2025 (GLOBE NEWSWIRE) — Ring Energy, Inc.

Basin 130

Basin Energy Energy Exploration and Production 130

Oil & Gas 360º

APRIL 23, 2025

Im proud to showcase Saturns ongoing operational efficiency with an average 20% well outperformance while our spending remains on budget, providing valuable flexibility in a tumultuous market, and positioning us to reallocate capital as may be needed without impacting our production guidance, said John Jeffrey, Chief Executive Officer of Saturn.

Gas 100

Gas Oil Exploration and Production BBL 100

The Energy Law

SEPTEMBER 21, 2015

Chesapeake Exploration Limited Partnership , XOG sought an interpretation of the retained acreage clause contained in an assignment to Chesapeake of XOG’s lease interests in four oil and gas leases collectively covering 1,625 acres. There were no field rules or special orders applicable to the Stiles Ranch Field.

Field 52

Field Exploration and Production Completion Gas 52

Egypt Oil & Gas

MARCH 25, 2025

Abdel Moneim stated that in the field of exploration and discovery, Khalda Petroleum Company achieved 10 oil discoveries during the first half of the current fiscal year. Among the most prominent of these discoveries are the West Fewebs-1X well with a production capacity of 6,400 barrels of oil per day (bbl/d) and 25.5

Petroleum 52

Petroleum Exploration and Production Hydraulic Fracturing Crude Oil 52

Rigzone

JUNE 6, 2025

“They also include agreements for BP to access to two new exploration and development licenses and introduce a new partner to accelerate exploration on a third,” the company added. billion and that the company operates the Shah Deniz gas field with a 29.999 percent participating interest.

Exploration and Production 52

Exploration and Production Field Upstream Gas 52

Oil & Gas 360º

APRIL 29, 2025

. “By leveraging cutting-edge intellectual property, these asset integrity management solutions provide industry-leading gas quality assurance capabilities to customers while providing a platform for future growth as we partner with Flotek to explore applications of this technology across other industry verticals. ProFrac Holding Corp.

Exploration and Production 130

Exploration and Production Natural Gas E&P E&A 130

Oil Review Middle East

MARCH 11, 2025

Hunting will pay a 15% royalty to the sellers on revenue earned for a period of 15 years, post-completion. This breakthrough technology, which manipulates the resident down-hole ecology, offers operators an easy-to-deploy advanced tertiary oil recovery resulting in increased production and the lowering of lifting costs.

Exploration and Production 45

Exploration and Production Field Oil Operator 45

Aresco

OCTOBER 25, 2023

Upstream Midstream Downstream are terms commonly used in the oil and gas industry to describe different stages of the production and distribution process. Downstream is the refining and processing phase, where crude oil is transformed into refined products and chemicals. What is oil and gas upstream midstream downstream?

Downstream 52

Downstream Midstream Upstream Exploration and Production 52

Egypt Oil & Gas

APRIL 5, 2025

Egypt Gas Company has a clear footprint and an important role in implementing the six pillars of the ministry’s current strategy, said Badawi.

Gas 66

Gas Exploration and Production Petroleum HSE 66

Novi

OCTOBER 22, 2024

In part 2 , we created a data-driven model using 11,176 wells from the Delaware Basin and features representing geology, completion intensity, spacing, and timing. We observed that the model does identify an increased production trend with wider spacing, but by a magnitude of less than 10% when taking a well from a 440ft spacing to unbounded.

Exploration and Production 52

Exploration and Production Basin Completion Field 52

Rextag

MAY 5, 2025

Chevron Corporation, one of the worlds leading integrated energy companies, has announced the start of oil and natural gas production from the Ballymore subsea tieback project, located in the deepwater Gulf of America. This reduces our development costs and is expected to drive higher returns for shareholders.

Barrel 52

Barrel Exploration and Production Offshore Basin 52

Iraq Business News: Oil & Gas

MARCH 18, 2025

"For new assets, we will seek both to increase that footprint in Oman, and also acquire assets in other preferred jurisdictions that we have identified as attractive to Genel, with a focus on adding production assets that increase the cash generation and resilience of the business, and provide potential for further growth. "In EBITDAX1 1.1

Energy 66

Energy Energy Exploration and Production BBL 66

Exprodat

OCTOBER 28, 2024

When you get to field aliases and domain or subtype descriptions, the process gets even more complicated. pbix) to use as a template complete with the Power Query formulas you need to connect. Out Fields a comma-separated list of the field names you want to display in your table. Download the zipped Power BI report (.pbix)

Field 52

Field Exploration and Production API IT 52

Rextag

FEBRUARY 17, 2025

Ford lost $60,000 per EV in 2024, forcing automakers to scale back production. Renewable projects in the region are progressing slowly, and natural gas infrastructure is not expanding fast enough to replace oil in electricity production. shale oil declines even faster, with some fields experiencing annual decline rates as high as 28%.

Completion 40

Completion Oil Energy Energy 40

Rextag

APRIL 24, 2025

Energy Information Administration (EIA), gas production in the Eagle Ford region is expected to rise from 6.8 EOGs Dorado wells consistently deliver strong initial production (IP) rates, ranging from 20 to 24 MMcf /d over 24-hour tests. The field accounted for 77% of the companys Q4 2024 production, averaging 71,800 boe /d.

Gas 52

Gas BCF BBL Exploration and Production 52

Permian Basin Oil and Gas Magazine

APRIL 14, 2025

This leads to a bifurcated situation: what is the sustainability of current methodologies for disposal, and what are the infrastructures and processes in place to take a product once regarded as waste and turn it into an asset? Through normal drilling, completions, and production, the numbers are staggering. Not even on eBay.

Basin 96

Basin Exploration and Production Disposal Well Barrel 96

Permian Basin Oil and Gas Magazine

MARCH 1, 2025

So, the longer the laterals connected to each vertical hole, the more of the formation is exposed to production. Raoul LeBlanc That formula has also led producers to push the boundaries of technology in several facets of production. Nick Pottmeyer Nine Energy Service handles many completion procedures.

Completion 59

Completion IT Oil Basin 59

The Energy Law

JUNE 12, 2017

On June 2, 2017 the Louisiana Second Circuit Court of Appeal affirmed a trial court’s judgment cancelling a mineral lease under Mineral Code article 140 and provided further clarity on a production in paying quantities analysis under Louisiana Mineral Code article 124. [1] Tauren Exploration, Inc. Tauren Exploration, Inc.

Royalty 40

Royalty E&P Exploration and Production Operator 40

Rextag

FEBRUARY 24, 2025

Over the past two years, 2023 and 2024, production levels have soared, investment strategies have shifted, and new regulatory frameworks have emerged. How will new policies impact production and investment strategies? 2023 Production: ~6.0 2024 Production: 6.3 MMBbl/d production increase in 2024. MMBbl/d , a 0.3

Basin 40

Basin Oil Gas Exploration and Production 40