Oilfield Technology

JULY 14, 2025

Cost to drill, complete and develop circa US$1 100 000 net, including back costs of US$236 800. Secondary targets productive in the immediate area include the Prue Sands, Red Fork and Base Pennsylvanian Sands. Estimated success case of NPV10% circa US$10 900 000 net, based on a US$65/bbl oil price. Already a member?

Oil

Oil & Gas Journal

AUGUST 4, 2025

Official groundbreaking activities for the new hydrotreated vegetable oil (HVO) and sustainable aviation fuel (SAF) production plant—the first of its kind in South Korea—began on Aug. The plant is targeted for startup in 2026 with a nameplate production capacity of 500,000 tpy ( OGJ Online, Sept. 14, 2023 ).

Exploration and Production

McKinsey

JULY 10, 2025

As the world shifts toward a more sustainable future, addressing carbon emissions remains a top priority. Skip to main content The Iberian green industrial opportunity: Carbon capture and storage July 10, 2025 | Article Carbon capture and storage could play a critical role in decarbonizing hard-to-abate industries in the Iberian Peninsula.

Transportation

Pro-Gas Services

JULY 9, 2025

We will explore the inherent challenges in gas separation, the mechanics of these innovative devices, and the tangible benefits they bring, including enhanced operational reliability, reduced maintenance, and superior product quality. Product Quality: Sales gas specifications demand very low levels of water and hydrocarbon liquids.

Gas

Pro-Gas Services

JUNE 15, 2025

The future of this essential technology is being engineered right now, and it looks smarter, more efficient, and more sustainable than ever before. This guide will explore the technological advancements and emerging trends that are shaping the future of fuel gas conditioning. The modern approach is modularization.

Gas

Oil Gas Leads

JULY 26, 2025

Today’s leading companies are: Reducing capital spend while sustaining production Maximizing rig and frac crew efficiency Avoiding knee-jerk cost cuts during downturns Take Chevron as an example. Operational Innovation: Doing More with Less From drilling to completions, the U.S. It’s no longer about chasing barrels at any cost.

Gas

McKinsey

JULY 16, 2025

The reasons for subpar returns varied from rosy assumptions about input costs, productivity levels, and work-hour requirements to unrealistic views on market dynamics. One solution that company leaders wanted to explore would combine new power generation capacity with carbon capture, utilization, and storage (CCUS) technology.

Exploration and Production

Rigzone

JUNE 10, 2025

“It offers significant long-term potential, with access to over 7 trillion cubic feet of natural gas resources and future opportunities for production capacity expansion”, Malaysia’s state-owned Petronas said then. In the chemicals sector, the five-year plan aims to build a top-three player.

Gas

Oilfield Technology

JULY 3, 2025

The contract covers the provision of Offshore Shutdown Support Services for the Triton floating production, storage and offloading (FPSO) vessel, located approximately 120 miles east of Aberdeen in the North Sea. Already a member?

Hydraulic Fracturing

McKinsey

JUNE 10, 2025

And that task, which today could take up to two or three weeks to complete, will more likely take as little as two to three hours (if not fewer) using these new tools. Automation is also helping to reduce product quality variances. By 2035, automation’s impact across consumer subsectors could begin to diverge (Exhibit 1).

Exploration and Production

Oilfield Technology

JULY 7, 2025

Perenco recently announced the completion of the tests at the depleted Leman natural gas reservoir in the Southern North Sea using Petrodec’s ERDA rig, the first rig in the UK to have achieved an approved safety case for supporting CCS operations. ” Exposure to CO 2 can pose serious health and safety hazards. Already a member?

Offshore

Oil Gas Leads

JUNE 21, 2025

An Environmental Specialist in the oil and gas industry plays a crucial role in ensuring that the operations of the industry are carried out in an environmentally responsible and sustainable manner. Sustainable Practices: Environmental Specialists advise on and promote sustainable practices within the industry.

Engineer

Oil and Gas Investments

JUNE 20, 2025

Faster project completion. While PHX works with 23 of the top 25 North American producers, sustained oil price weakness could affect industry spending. . • In 2017, drilling a 10,000-ft lateral well took 8.76 In 2024, using PHX’s tools, that same well is drilled in 3.8 Faster drilling means: Lower costs for operators. Net debt: $12.27

Oil

Oil Gas Leads

JUNE 21, 2025

A logistics coordinator in the oil and gas industry plays a crucial role in ensuring the efficient movement of materials, equipment, and personnel to support exploration, production, and distribution activities. They need to ensure that the right materials are available at the right time and in the right quantities.

Supply Chain

McKinsey

JULY 9, 2025

Typical priorities include sharpening the value proposition to both captive and third-party clients; taking stock of distribution footprint, product range, and growth initiatives; finding the right approach to participate in alternative investments; and using technology to improve efficiency, resilience, and scalability. All Rights Reserved.

Management

Oil & Gas 360º

APRIL 28, 2025

(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.

Completion

Oil & Gas 360º

APRIL 15, 2025

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. oil and gas properties. Increased Citibank, N.A.

E&P

Oil & Gas 360º

APRIL 29, 2025

BPs management touted the early results of the strategy reset and the three project start-ups this year, out of 10 major projects expected to begin oil and gas production by 2027. billion share repurchase program completed on April 25, 2025. However, BPs operating cash flow plunged to $2.8 billion, down by around $4.6

Oil

Oil & Gas 360º

APRIL 2, 2025

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.

Operator

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. billion 1.

Exploration and Production

Oilholics Synonymous Report

SEPTEMBER 18, 2024

However, as Day I of Gastech - which is formally running from September 17 to 20 - kicked off on Tuesday, energy bosses bemoaned the lack of clarity and consistency from Washington on policy matters pertaining to natural gas exploration and LNG permits. Others said AI itself could chalk sustainable future pathways predicated on renewables.

Natural Gas

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

Oil & Gas 360º

MAY 8, 2025

Andy OBrien, currently senior vice president, Strategy, Commercial, Sustainability and Technology, will succeed Bill as chief financial officer, effective June 1, 2025. Andy will also retain responsibility for Strategy, Commercial and Sustainability.

E&P

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

Oil Review Middle East

MAY 1, 2025

TotalEnergies and OQ Exploration and Production (OQEP) have broken ground on the Marsa LNG plant in the port of Sohar, northern Oman The 1 million ton per year (Mt/y) liquefaction plant is being built by Marsa LNG LLC, a joint company between TotalEnergies (80%) and OQEP (20%).

Exploration and Production

Oil Gas Leads

APRIL 29, 2025

Three key themes emerged from the update: major exploration success in the Gulf of Mexico, oil price commentary, and a demonstration of financial resilience. This shorter cycle time from drilling to production optimizes capital efficiency and improves returns. BPs internal planning assumptions currently model Brent crude at $71.50

Exploration and Production

SmartBrief

MAY 1, 2025

What is the quality and quantity of the products and services being produced? Great leaders seek input from the right people to build a complete, accurate picture. Step 2: Identify opportunities for improvement Some opportunities are apparent, while others require deeper exploration. And what are people thinking and feeling?

Exploration and Production

Oil & Gas 360º

APRIL 24, 2025

TETRA recently completed the drilling and sampling operations of an additional test well in the Evergreen Unit with very encouraging results. Investors are cautioned that mineral resources do not have demonstrated economic value and further exploration may not result in the estimation of a mineral reserve.

Engineer

Navigate Power

JANUARY 8, 2025

Article at a glance Grid-tied energy systems help balance seasonal variations in production. Home battery systems complement wintertime renewable energy production. Snow coverage on solar panels does not wholly halt energy production. Even cloudy days contribute to solar energy production through diffuse light.

Maintenance

Navigate Power

JANUARY 22, 2025

They contribute to both cost savings and sustainability goals for businesses. The audits streamline operations and enhance productivity through better equipment and energy plans. This guide explores how these audits work, their benefits, and why they are vital for cost savings and sustainability.

Utilities

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

Rextag

FEBRUARY 17, 2025

The world has never achieved sustained energy infrastructure investment at the level the IEA assumes. Ford lost $60,000 per EV in 2024, forcing automakers to scale back production. Sustainable Aviation Fuels (SAFs) remain costly and unscalable. However, the real-world EV market is slowing down. and Europe.

Completion

Navigate Power

APRIL 26, 2025

You create energy on-site through various technologies instead of relying completely on the traditional grid. Local energy production offers businesses unprecedented control over their energy resources. Distributed generation can leverage both types but increasingly focuses on renewables for environmental sustainability.

Exploration and Production

Oil Gas Leads

MARCH 13, 2025

One such transaction involves Scout Energy Management LLC , which has acquired multiple production facilities from ConocoPhillips in Pecos and Reeves counties, Texas. The Texas Commission on Environmental Quality (TCEQ) oversees these permits to ensure that production activities adhere to state and federal environmental regulations.

Basin

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.

Basin

AWS: Energy (Oil & Gas)

JANUARY 15, 2025

Their solution combines advanced weather data and sophisticated algorithms to monitor and optimize solar energy production for small-scale producers. In this post, we explore how BDPV used AWS services to build a scalable, reliable, and cost-effective monitoring architecture. Production performance tracking Figure 3.

Exploration and Production

McKinsey

AUGUST 4, 2025

The life sciences industry’s capital expenditures grew 13 percent per year from 2022 to 2024 as biopharma and medtech firms committed tens of billions of dollars to expand production capacity and improve supply chain resilience, particularly in the United States. Gaps in internal capabilities and talent.

Exploration and Production