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by Andreas Exarheas | Rigzone Staff | Monday, June 30, 2025 | 6:54 AM EST Wood Mackenzie reveals who was crowned the 'most admired upstream explorer' in the company's latest Annual Exploration Summit Survey. Congratulations to John Ardill and the entire exploration team,” he continued.
Flowback Consultants and Well Testers in the oil and gas industry have distinct roles and responsibilities, but there are also some similarities in their work. Data Download Center Contacts Flowback Consultants/Well Testing Operators List of 300+ contacts in the oil & gas industry that have Well Testing and/or Flowback in their titles.
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.
based on gross operated production, well count and rig movements across last year. That could come from buying longer-dated, production-heavy assets from other private companies, pivoting to gas, or focusing outside of the Permian, in areas such as the Mid-Continent that are ripe for non-core sales by public operators.
“Those savings would give operators the ability to reinvest in new energy production, helping drive domestic energy development while reducing the need for duplicative infrastructure”, the DOI said. billion in industry savings annually under the updated regulations.
Vaca Muerta has hit production of over 400,000 barrels per day of oil and some 70 million cubic meters of gas per day. “Control of YPF is important for Milei; that’s why an appeal is the only option for him,” said Marcelo Garcia, director for the Americas at New York-based risk consultancy Horizon Engage.
Headquartered in Denver, EnerCom is an internationally recognized strategic communications and management consultancy that advises companies on investor relations, corporate strategy/board advisory, fractional/interim CFO advisory services, marketing, financial analysis and valuation, media, branding, and visual communications design.
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. energy producers and more than 40,000 suppliers.
billion more than current government estimates. This additional production could add £165 billion in economic value, with a total of £385 billion if the UK meets half its oil and gas demand from domestic sources, supporting jobs, investment, and public services across the country. These resources include: 0.5
(Oil & Gas 360) – April 22, 2025 – For over 25 years, global petroleum consultancy Netherland, Sewell & Associates, Inc. NSAI) has hosted its highly regarded Oil & Gas Property Evaluation Seminar.
(Oil & Gas 360) – April 22, 2025 – For over 25 years, global petroleum consultancy Netherland, Sewell & Associates, Inc. NSAI) has hosted its highly regarded Oil & Gas Property Evaluation Seminar.
Assessing financial risks and opportunities associated with exploration, production, refining, and distribution activities. Overseeing the raising of capital for exploration, development, and other capital-intensive projects.
Offshore Energies UK said that local energy production was estimated at some 2 billion to 3 billion barrels of oil equivalent until 2050, under the governments net-zero plans, which estimate total energy demand of 13 to 15 billion barrels of oil equivalent in that period. For that, however, the industry needs the right business conditions.
(Oil Price) –Back in 2017, oil production in the Permian stood at 2.2 Production growth in the most prolific shale play in the United States has been slowing already as production costs climb higher while oil prices slide lower. The consultancy expects output there to add 200,000 barrels daily this year, for a total of 6.6
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. For more information about EnerCom and its services, please visit www.enercominc.com or call (303) 296-8834 to speak with one of our consultants.
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. Flowback Consultants. They typically work as.
This might include incorporating renewable energy sources, implementing energy efficiency measures, and exploring ways to reduce the carbon footprint of operations. Environmental Specialists explore new technologies that can help minimize environmental impacts and improve sustainability. Flowback Consultants.
The Egyptian Natural Gas Holding Company (EGAS) has recently awarded six new blocks to several international companies to boost exploration and production, with investments of around US$245mn, to involve the drilling of at least 13 new exploratory wells.
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 and Gas 360 April 28, 2023 For over 25 years, global petroleum consultancy Netherland, Sewell & Associates, Inc. NSAI) has hosted a series of highly regarded oil and gas property evaluation seminars.
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. For more information about EnerCom and its services, please visit www.enercominc.com or call (303) 296-8834 to speak with one of our consultants.
I went to the first session that explored the history of GenAI and learned about the history of computing. Carbon Innovation: Explore groundbreaking decarbonization technologies driving the future of energy. Our experienced industry experts support our customers through thought leadership, consulting and technology innovations.
394 MBOED of production on a proforma Q4 2024 basis. Capital Discipline & Restructuring Through “Competitive Edge” In response to industry headwinds and its enlarged portfolio, ConocoPhillips launched the “Competitive Edge” restructuring program in partnership with Boston Consulting Group (BCG).
At Pro-Gas LLC in Dallas, Texas, we understand the dynamic nature of natural gas production and the constant need for efficient, adaptable, and cost-effective solutions. This is especially advantageous in the natural gas industry, where drilling sites and production zones can change frequently.
Chris Cornelius announces the following changes, effective March 10th, 2025: Dr. Paul Clarke will be promoted internally to the role of Chief Executive Officer and President from his current role of Vice President of Exploration. a TSX-listed international production oil and gas company.
.” Strategic Rationale Solidified Position Within the Large-Cap Universe: The combined company will have an enterprise value of $15 billion 1 and 370,000 boe/d 2 (63% liquids) of corporate production with significant overlap across both unconventional and conventional assets. million acres in Alberta.
is an independent oil and natural gas company engaged in the acquisition, development, exploitation and production of oil and natural gas properties. The Company plans to continue to evaluate strategic alternatives to maximize value to stockholders, including potential portfolio optimization strategies. Categories: Press Releases
Easily filter and explore data, reducing time spent on tedious individual company research. EVOLVE attendees can get a glimpse of how Investor Analytics works, along with other solutions like Instant Analyst , at product-focused sessions or at Enverus product hub showcase desks, where AI agents will be conducting demonstrations.
About the research Five- and ten-year automation impact projections are outputs of the McKinsey Global Instituteâs proprietary automation model, which performs a bottom-up assessment of productivity potential by role and task. Automation is also helping to reduce product quality variances.
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
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.
The report explores the fundamental challenges, trends and successes across the renewables landscape through the eyes of more than 140 industry professionals surveyed. Our platform, with intelligent connections, drives more efficient production and distribution, capital allocation, renewable energy development, investment and sourcing.
In this blog, well break down what IDCs are, provide real-world examples, explore their tax treatment, and discuss how excess IDCs could affect your tax strategy. These costs encompass various non-physical expenses incurred during the exploration and drilling of oil and gas wells. Consulting and Professional Services 3.
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?
Enhancing productivity and efficiency by synchronizing development efforts over contiguous areas. Increased Hydrocarbon Recovery: By targeting multiple formations concurrently, Coterra is able to optimize well productivity and enhance recovery rates, contributing to better financial outcomes. Let us know in the comments below!
In this blog, we’ll explore how mineral management challenges are tackled backed by real-world examples that show the impact. – Consultant, Family Office 2. How EnergyLink helps: EnergyLink Advanced includes portfolio management and estimated production forecasting, giving users a clearer view of asset performance.
. “The base bid is lower than expected, reflecting the zigzag of this process and political risks associated to dealing with Citgo,” said Jose Ignacio Hernandez from consultancy AuroraMacro(BCBA: BMAm ) Strategies.
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%).
What is the quality and quantity of the products and services being produced? Depending on the context, this might include customers, employees, suppliers, consultants and professional peers. Step 2: Identify opportunities for improvement Some opportunities are apparent, while others require deeper exploration.
This includes expenses related to exploration, development, and extraction. The depletion allowance is an important tax benefit for the oil and gas industry as it helps to incentivize investment in the exploration and extraction of natural resources, which in turn contributes to domestic energy production and the economy.
But Giustra brought in a new operating team, and led the initial finance rounds into West Red Lake Gold Mines (WRLG-TSX) —and now, VOILA—they just announced commercial production. Having all these past benefits ready to go saves time and money in getting to production: 1. But don’t kid yourself, this is exploration—it’s risky.
Thankfully, the business energy consultants at Navigate Power know that solar is a long-term energy investment capable of saving businesses money in multiple ways. As technology evolves, outdated strategies, products, and systems can better accommodate the need for eco-friendly business solutions.
These costs are directly related to the actual drilling operations and typically represent a significant portion of the overall expenses in oil and gas exploration and production. This immediate deduction provides a significant tax advantage for oil and gas companies engaged in exploration and drilling activities.
Investing in oil and gas royalties involves purchasing the rights to receive a portion of the revenue generated from the production and sale of oil and gas from a particular property or lease. Passive Income : Oil and gas royalties can provide investors with a source of passive income.
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