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U.S. Energy Development Corporation expands Permian footprint acquiring $390 million asset and announces upsized credit facility

Oil & Gas 360º

This transaction greatly enhances the overall quality and resilience of our portfolio, supplementing our reserves with additional proved producing assets, adding years of multi-bench drilling inventory, and expanding our operated economies of scale, said Jordan Jayson, CEO and chairman of USEDC. oil and gas properties.

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Forum Shopping Curtailed: Venue Limited to Parish Where Drilling Rig Was Lost

The Energy Law

D&D alleged that Pritchard, an employee of Alliance, which XTO retained to operate the rig, failed to ensure that sufficient drilling mud was on hand at the rig, and that the lack of sufficient drilling mud caused a well blow out and subsequent fire that destroyed the rig in LaSalle Parish. 2d 12, 18-19 (La.

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New Phase to Add 1 Tcf Natural Gas to Zohr Reserves

Egypt Oil & Gas

The workshop discussed the future of the Zohr field project and production sustainability, with a focus on the third phase of the project. For his part, Mowafi highlighted the longstanding partnership between Eni and Petrobel, which is evident in the future plans for the sustainability of natural gas production in the Zohr field.

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Prairie Operating Co. announces 11-well development at Rusch Pad

Oil & Gas 360º

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. More information about the Company can be found at www.prairieopco.com.

Operator 130
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Civitas expands Permian position with new assets in Howard, Glasscock, Upton

Permian Basin Oil and Gas Magazine

24, Our 2025 outlook is designed to maximize free cash flow, capitalizing on the sustainable efficiencies we have delivered in our first full year of operating in Permian Basin and our strong track record of execution in DJ Basin. Civitas plans to run five drilling rigs and two completion crews in Permian Basin.

Basin 52
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The Future of Texas Oil and Gas

Texron Operating

The advent of intelligent drilling rigs, real-time monitoring, and predictive analytics has revolutionized production processes across the different facets of the industry. These innovations promise an efficient, sustainable future for the sector while posing critical questions about labor dynamics.

Gas 52
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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. These innovations have the potential to make the industry more efficient and sustainable.

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