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Permian methane emissions dropped 50% in two years, analysts say

Oil & Gas 360º

(World Oil) – The methane intensity of oil and gas production in the Permian basin—an area responsible for half of U.S. The latest data for the year 2024 show the methane emissions intensity of upstream oil and gas operations in the region to be 0.44% per barrel of oil equivalent—a 29% reduction from the previous year.

E&P
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Upstream M&A hits the brakes, slowing to $14 billion

Enverus

Calgary, Alberta (July 23, 2025) — Enverus Intelligence Research (EIR), a subsidiary of Enverus , the most trusted energy-dedicated SaaS company that leverages generative AI across its solutions, is releasing its summary of 2Q2025 upstream M&A activity and outlook for the rest of the year. Its acquisition of Encino for $5.6

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Global upstream M&A plunges 34% in first half of 2025

Oil & Gas 360º

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, (..)

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Who is the Upstream Industry's Most Admired Explorer?

Rigzone

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. “The company has set a new benchmark in opening up a deepwater frontier at pace.

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U.S. Rig Activity Rebounds Amid Rising Natural Gas Prices – Baker Hughes

Oil Gas Leads

oil and gas drilling activity saw a notable rebound this past week, driven primarily by a surge in natural gas rigs. According to the latest Baker Hughes Rig Count, the total number of active rigs rose by seven—the largest weekly gain since December—reflecting growing optimism in the gas sector as prices climb.

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USA Upstream M&A Decelerates in Q2

Rigzone

upstream M&A decelerated in the second quarter of 2025, Enverus Intelligence Research outlined in a statement sent to Rigzone recently. upstream deals of the second quarter, which was included in EIR’s statement, showed the EOG - Encino deal at the top with a deal value of $5.6 Image by Stefan Rotter via iStock U.S.

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Whitecap and Pembina Expand Footprint with New Kakwa Gas Plant

Oil Gas Leads

has filed a new facility application with the Alberta Energy Regulator (AER) to construct a gas processing plant in the heart of the Kakwa region , approximately 5 km from the nearest surface development. t/d , reflecting a deliberate design to handle sour gas safely and efficiently. Date: July 2025 Whitecap Resources Inc.

Gas