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Neuquén basin production grows, accounts for over 70% of Argentina’s oil and gas output

Oil & Gas Journal

In May—the latest month with full basin-level data—production in Neuqu é n reached 538,000 b/d of oil and 107 million cu m/day of natural gas. In May—the latest month with full basin-level data—production in Neuqu é n reached 538,000 b/d of oil and 107 million cu m/day of natural gas.

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Valor | Energy Connection – June 23, 2025

Valor

Read more US oil rig count down by 1, says Baker Hughes Summary : For the week ended June 20, the total U.S. active drilling rig count fell by 1 to 554, marking a continued decline and sitting 34 rigs below the count from the same time last year. oil-and-gas exploration stocks amid the recent tensions.

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Derisking MPD operations

Oilfield Technology

Managed pressure drilling (MPD) progressed deepwater operations by delivering a critical safety advantage for drilling the world’s most complex and challenging wells. Consequently, MPD traditionally adds additional layers of operational complexity with regard to equipment, processes and workflows.

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VÃ¥r Energi discovers gas-condensate west of Fenja field

Oil & Gas Journal

Alex Procyk July 21, 2025 2 min read Photo from Odfjell Drilling VÃ¥r Energi discovers gas-condensate west of Fenja field, drilled by the Deepsea Yantai drilling rig. Wildcat well 6406/11-2 S, the eighth in in production license (PL) 586, was drilled by the Deepsea Yantai rig in 310 m of water to 3,857 m TVD subsea.

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THE SIZE OF THE PRIZE HINGES ON THE CURRENT DRILL PROGRAM NEXMETALS MINING CORP NEXM-TSXV

Oil and Gas Investments

Previous management mis-steps and low commodity prices—gold hadn’t started its recent big run yet—had forced the mine into bankruptcy. 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.

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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. The position includes a substantial proved producing component and multi-year drilling inventory to supplement the firms existing footprint in the area. oil and gas properties.

E&P
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Innovations in Oil and Gas Production

Texron Operating

From Drill Bits to Drones: Innovations in Texas Oil and Gas Production Introduction: As the energy demand continues to grow, so does the need for more efficient and sustainable oil and gas production methods. As automation and AI transform production processes, machines will likely replace some jobs.

Gas