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(Oil Price) – As if WTI oil prices in the low $60s per barrel aren’t enough to slow production growth at America’s top producing shale basin, the Permian, new guidelines for permitting saltwater disposal wells could raise the costs for operators, especially smaller producers with limited resources.
(World Oil) – Africas national oil companies (NOC) are moving beyond operating as state-representatives by transforming themselves into competitive upstream players. Boosting production Major oil producers in Africa are striving to boost production and NOC-IOC collaboration is at the forefront.
Skip to content Oil & Gas Exploration & Production (E&P) Crude Oil Natural Gas LNG Coal Refined Products Offshore Midstream Regulatory Transportation Commodities Oilfield Services Hydraulic Fracturing Drilling Water Regions Canada Mexico United States Asia & Australia Europe Africa South America Middle East Russia Finance Mergers, (..)
TotalEnergies expects its first-quarter oil and gas production to have increased by almost 4% on the year to the high end of the quarterly guidance range of 2.5 million barrels of oil equivalent per day (boe/d).
For the past 30 years, EnerCom Denver has been the largest independent investor conference for the global oil and gas and broadening energy industry that is open to all energy companies, investors, and professionals to participate. This year’s conference will occur August 17-20, 2025, at T he Westin Denver Downtown. Ron holds a B.Sc.
The first quarter of 2025 has seen a remarkable surge in oil and gas mergers and acquisitions (M&A) within the upstream oil and gas sector, with transactions totaling $17 billion. This dynamic environment presents both challenges and opportunities for small to mid-sized operators. This concentration underscores a broader trend.
Skip to content Oil & Gas Exploration & Production (E&P) Crude Oil Natural Gas LNG Coal Refined Products Offshore Midstream Regulatory Transportation Commodities Oilfield Services Hydraulic Fracturing Drilling Water Regions Canada Mexico United States Asia & Australia Europe Africa South America Middle East Russia Finance Mergers, (..)
Skip to content Oil & Gas Exploration & Production (E&P) Crude Oil Natural Gas LNG Coal Refined Products Offshore Midstream Regulatory Transportation Commodities Oilfield Services Hydraulic Fracturing Drilling Water Regions Canada Mexico United States Asia & Australia Europe Africa South America Middle East Russia Finance Mergers, (..)
There’s been a surge in E&P interest in the Utica Shale’s volatile oil window the past couple of years, and EOG Resources has been particularly optimistic about its potential for producing large volumes of condensate, the lightest of superlight crude oils. billion, including the assumption of EAP’s debt.
The Nigerian National Petroleum Company Limited (NNPC Limited) and FIRST Exploration & Petroleum Development Company Limited (FIRST E&P) Joint Venture (JV) have confirmed a significant hydrocarbon discovery in the Songhai … Read More The post NIGERIA: First E&P Reports Significant hydrocarbon Discovery in the Songhai Field, OML 85 (..)
Over the past month, E&P executives have addressed shareholder and analyst concerns amid the murkiest market conditions since the onset of the pandemic in Q1 2020.
“The transaction will immediately position the new joint venture as a market leader in the UKCS [UK continental shelf], with a projected 2025 production of approximately 130,000 barrels of oil equivalent per day”, a joint statement said. The contract also covers decommissioning. The contract also covers decommissioning.
(Oil & Gas 360) – Join us as we celebrate three decades of bringing together the energy industry’s companies, investors, analysts, and industry leaders. Don’t miss the celebration, sponsorship opportunities are still available. The conference kicks off with the annual Charity Golf Tournament on Sunday, August 17th.
(World Oil) –MOL has discovered a new oil field near Somogysmson in Western Hungary. During the exploration drilling carried out in December 2024, oil was found at a depth of 1,250 meters. As a landlocked country, our oil supply is largely via pipelines and intermediaries, added Dr. Gyrgy Bacsa, COO of MOL Hungary.
(World Oil) – Enverus Intelligence Research (EIR), a subsidiary of Enverus, is releasing its summary of 1Q2025 upstream M&A activity and outlook for the rest of the year. Buyers on the other hand were already stretched by M&A valuations and can’t afford to continue to pay recent prices now that oil prices are lower.”
Despite generally cautious investor sentiment on oil markets, the energy sector has had a strong start to 2025, rising 8% year-to-date, outperforming the S&P 500 index by around 10%, according to analysts at Morgan Stanley, in a note dated March 26. Looking ahead, we retain our defensive bias and preference for gas over oil.
(Oil & Gas 360) ~20,000 net acres Significant multi-bench drilling inventory Upsize of USEDCs syndicated revolving credit facility led by Citibank, N.A. oil and gas properties. from $165 million to $300 million Fort Worth, TX U.S. from $165 million to $300 million.
Petronas, through its wholly-owned subsidiary Petronas Suriname E&P, has signed a Production Sharing Contract (PSC) for Block 66, located in the deepwater region offshore Suriname…
On top of that, upstream companies will now have to navigate significant headwinds from falling oil and equity values. Buyers on the other hand were already stretched by M&A valuations and cant afford to continue to pay recent prices now that oil prices are lower.
The latest tangible sign of this shift is BPs decision to refocus on traditional oil and gas and deemphasize renewables, which follows ExxonMobils and Shells restructuring of strategies in the same direction. oil and gas producers. oil and gas producers.
Atlanta-based RPC, oil and gas services company, said recently it acquired Pintail Alternative Energy, which does business as Pintail Completions, for $245 million ($170 million cash). The post RPC acquires Midlands Pintail Completions for wireline services appeared first on Permian Basin Oil and Gas Magazine.
Below we summarize recent (2024–2025) drilling activity, budget allocations, and production volumes in Oklahoma (primarily the Anadarko Basin and related plays) for six companies: Ovintiv , Mach Natural Resources , Devon Energy , Coterra Energy , Continental Resources , and Mewbourne Oil Company. Liquids” includes crude oil and NGLs.
(World Oil) – Nabors Drilling Technologies and Corva AI announce the expansion of theirstrategic alliance, reinforcing the shared vision to accelerate digital transformation in the drilling industry. Together, were setting new standards for drilling efficiency,added Ryan Dawson, Founder and CEO at Corva.
(Oil & Gas 360) –HOUSTON(BUSINESS WIRE) Chevron Corporation ( NYSE: CVX ) announced today that it started oil and natural gas production from the Ballymore subsea tieback in the deepwater Gulf of America. Co-owner TotalEnergies E&P USA, Inc. Malo facilities. has 40 percent working interest.
Presentation opportunities are available for E&P, Midstream, OFS, Minerals, and Energy Transition companies Sponsorship opportunities are available for companies seeking to increase their marketplace awareness DENVER March 4, 2025 EnerCom, Inc.
Tethys Oil, now under Chinese ownership, is shifting its focus in Oman away from its only producing asset Blocks 3&4 (CCED 50%op, Tethys 30%, Mitsui E&P 20%), where output continues its steady downwards trajectory, hitting a decade-low 27,000 b/d for 2024.
Fieldwood Energy elev su produccin en Ichalkil y Pokoch a 11,500 barriles diarios en enero de 2025, con planes de perforacin e inversin de 523.24M USD este ao. Fieldwood Energy E&P Mxico ha logrado un aumento significativo en la produccin de crudo en los campos Ichalkil y Pokoch, alcanzando 11,500 barriles diarios en enero de 2025.
Leadership Profile: Todd Guest, Co-Founder & Managing Director, Spirit O&G Todd Guest brings over three decades of oil & gas leadership to Spirit’s expansion. Todd Guest , a seasoned oil & gas executive with a 35-year track record, is leading Spirit’s expansion into mature, low-risk assets. What is a Permit by Rule?
El conflicto entre Israel e Irán provocó un alza del 8% en el petróleo; si se bloquea Ormuz, la gasolina podría llegar a USD 5.13 La reciente escalada militar entre Israel e Irán ya impacta los mercados energéticos globales, con aumentos de más del 8% en los precios del petróleo Brent y WTI, a raíz de los ataques cruzados entre ambos países.
requiring the oil and gas company to pay $3 million in civil penalties and to spend approximately $13 million to restore 15 sites in West Virginia that had been developed without dredge and fill permits. On the other hand, the legal commentary has virtually ignored the importance of Nationwide Permits (NWPs) 12 and 39 to E&P activities.
(Oil & Gas 360) –HOUSTON(BUSINESS WIRE) ConocoPhillips ( NYSE: COP ) today announced that W.L. Bill) Bullock, executive vice president and chief financial officer, will retire from ConocoPhillips after 39 years of distinguished service. Our deep, durable and diverse portfolio is built to meet growing global energy demands.
The issue of whether a company is an independent contractor of an E & P company is frequently litigated in oilfield injury accidents, as the injured worker searches for multiple sources of possible recovery. In McDaniel v R.J.’s s Transportation, LLC , —- So.3d In McDaniel v R.J.’s s Transportation, LLC , —- So.3d
Viridien has announced a sale of its Sercel Marlin Offshore Logistics management solution to Oil and Natural Gas Corporation (ONGC) to enhance operational efficiency and safety across its Western offshore E&P operations in India.
The issue of whether a company is an independent contractor of an E & P company is frequently litigated in oilfield injury accidents, as the injured worker searches for multiple sources of possible recovery. In McDaniel v R.J.’s s Transportation, LLC , —- So.3d In McDaniel v R.J.’s s Transportation, LLC , —- So.3d
The oil and gas sector has long been a cornerstone of the global economy, providing energy, raw materials, and substantial economic contributions. Upstream Investments; Exploration and Production (E&P): The upstream sector involves the search for oil and gas reservoirs and the extraction of these resources.
opera el proyecto Ballymore con una participacin del 60% mientras que el copropietario, TotalEnergies E&P USA, Inc., Para satisfacer esa demanda, necesitamos contar con una cartera de diversas opciones, y esta es una de ellas dijo Israel Wright, ingeniero de hardware e instalacin submarina de Ballymore.
Oil & Gas 360) –MIDLAND, TexasApril 29, 2025. Publisher’s Note: New Era Helium will present at EnerCom DenverThe Energy Investment Conference on August 17-20, 2025. Register to attend. New Era Helium, Inc. Additional updates will be provided in the coming weeks. Will Gray II, CEO of New Era Helium, Inc.,
(Oil & Gas 360) Publisher’s Note: CanCambria Energy will be presenting at the 30th Anniversary of EnerCom Denver-The Energy Investment Conference at the Westin Denver Downtown on August 17-20, 2025. From 2015 to 2024, Mr. Pierce was CEO and Director of TAG Oil Ltd., a TSX-listed oil and gas producer in Australasia and Egypt.
(Oil & Gas 360) – Publisher’s Note: EOG Resources will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown , August 17-20, 2025. Pro forma production totals 275,000 barrels of oil equivalent per day creating a leading producer in the Utica shale play. Register to attend.
As the clock approached midnight on December 31, E&P managements and shareholders likely clinked champagne flutes to celebrate a remarkable four years of prosperity for an industry that had been nearly shattered by two decades of periodic financial crisis. In todays RBN blog, well review the cash-allocation strategies used by U.S.
Presentation opportunities are available for E&P, Midstream, OFS, Minerals, and Energy Transition companies Sponsorship opportunities are available for companies seeking to increase their marketplace awareness DENVER March 4, 2025 EnerCom, Inc.
The carbon credit market continues to evolve as oil and gas companies face increasingly stringent regulations to reduce greenhouse gas emissions. Operators may now have the potential to sell carbon credits in exchange for the P&A of inactive, shut-in, or temporarily abandoned wells. million vehicles per year. Well Eligibility.
(Oil & Gas 360) – CanCambria Energy Corp. TSXV: CCEC ) ( FSE: 4JH ) is pleased to announce that it has been granted its first drilling permit from the Hungarian Mining Directorate for the CC- Ba-E-2 appraisal well at its 100% owned Kiskunhalas tight gas project in Hungarys Pannonian Basin. About CanCambria Energy Corp.
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