This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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, (..)
Secretary of Energy and 47th Governor of Texas Rick Perry as Chairman of Its Executive Advisory Board June 16, 2025 News Story – QuoteMedia Market Data Solutions
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, (..)
Boosting production Major oil producers in Africa are striving to boost production and NOC-IOC collaboration is at the forefront. Algerias Sonatrach will increase hydrocarbon production by 2.5% Negotiations are underway with ExxonMobil and Chevron to boost exploration.
(Oil & Gas 360) – HOUSTON , June 17, 2025 /PRNewswire/ — Talos Energy Inc. (“Talos” or the “Company”) (NYSE: TALO) today announced its enhanced corporate strategy designed to position the Company as a leading pure-play offshore exploration and production company.
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 TotalEnergies expects the results in its exploration & production (E&P) division to reflect the higher production compared to the same quarter last year, as well as a price
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.
supermajor Chevron has expressed interest in oil and gas exploration in two additional offshore blocks south of the Greek island of Crete, Greeces Ministry of Energy and Environment said on Wednesday. The two new blocks now essentially double the total area for exploration to 47,000 sq km (18,147 square miles). (Oil Price) –U.S.
The signing formally initiates a four-year exploration period. This basin adds several new exploration targets to the portfolio, with the potential to hold several undiscovered hydrocarbon accumulations of potential scale. is a Canadian-based exploration and production company specializing in tight gas development.
Energy Development Corporation (USEDC), a Fort Worth-based exploration and production company focused on developing oil and gas projects for itself and its partners, has acquired ~20,000 net acres in Reeves and Ward Counties, Texas. from $165 million to $300 million Fort Worth, TX U.S. Increased Citibank, N.A.
(Oil Price) –Libya will offer production sharing agreements to the successful bidders in its first oil and gas exploration bid round in 18 years, top Libyan oil officials said at an event in London on Monday. Libyas crude oil production currently exceeds 1.4 million barrels per day (bpd), NOC says.
During the exploration drilling carried out in December 2024, oil was found at a depth of 1,250 meters. The fact that we achieved this success in the concession belonging to Bzakerettye, which has an almost 100-year oil industry tradition, is clear evidence that there is still potential in hydrocarbon exploration in Hungary.
They provide reserves reports and audits, acquisition and divestiture evaluations, simulation studies, exploration resources assessments, equity determinations, and management and advisory services. Your participation makes a real difference. The golf tournament will once again be held at the scenic Arrowhead Golf Club in Littleton, Colorado.
is a Canadian-based exploration and production company specializing in tight gas development. (Oil & Gas 360) – CanCambria Energy Corp. TSXV: CCEC) (FSE: 4JH) ( “CanCambria” or the “Company” ) is pleased to announce that its common shares commenced trading today on the OTCQB Venture Market (“OTCQB”) under the symbol “CCEYF”.
During the production test, the well was tested at multiple flow rates in order to gather data to determine the flow capacity of the well, to provide an early estimate of potential resource volumes, and to obtain high quality fluid samples. the “Paradox project”). Water cut was less than 0.5%
(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. Chevron subsidiary Chevron U.S.A.
“The company will deliver a rigless intervention framework that enables Repsol Resources UK to optimize well construction, production, and intervention to maximize plug and abandonment operations”, Halliburton added. The contract also covers decommissioning. announced a deal to consolidate their UK North Sea assets.
The triple-frac reduces by 25% the time to bring wells to production. supermajor continues to boost its oil and gas production from the basin, but it has cut capital expenditures. billion and $5 billion on production in the Permian in 2025, lower than in 2024, as production growth is reduced in favor of free cash flow.
The well performed in line with expectations during the 12-day production test, averaging 2,700 barrels of oil per day during the final flow period, without artificial lift. Apache holds a 50% working interest, operator Lagniappe and partner Santos each hold 25% working interests in the 325,411-acre exploratory block.
(the Company or ReconAfrica) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) announces an agreement for a joint exploration project in Angola with the Agncia Nacional de Petrleo, Gs e Biocombustveis or National Oil, Gas and Biofuels Agency (ANPG). million acres in Angola to the existing 6.3
Continental has been deprived of about $34 million to $69 million of revenue for oil and gas production, the filing said. (BOE Report) – U.S. Continental said that Hess, which operates hundreds of wells in North Dakota, artificially inflated midstream service fees by entering into agreements with its own subsidiaries.
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. (Investing) –The U.S.
From 2017 to 2023, Mr. Bayon was CEO of Ecopetrol , one of the most important energy groups in Latin America, where he led 18,000 employees, oversaw production of approximately 700,000 boed and revenues of over $30 billion, and delivered record financial, operational, and safety results.
Pintail operates more than 30 active fleets and maintains relationships with blue chip E&P companies (exploration and production) by delivering service, safety, low emissions and fuel cost efficiencies. The Midland company is a leading provider of oilfield wireline services in the Permian Basin.
The seminar covers the basics: geology, petroleum engineering, differences between conventional and unconventional plays, the basics of shale and offshore drilling, the economics of oil and gas exploration and production, geologic storage of CO 2 , and reserves estimations.
The seminar covers the basics: geology, petroleum engineering, differences between conventional and unconventional plays, the basics of shale and offshore drilling, the economics of oil and gas exploration and production, geologic storage of CO 2 , and reserves estimations.
(Nasdaq: PROP) (the “Company” or “Prairie”), an independent energy company engaged in the development and acquisition of oil and natural gas resources in the Denver-Julesburg (DJ) Basin, today announced the reaffirmation of its multi-year Reserve-Based Lending (“RBL”) credit facility with Citibank, N.A., its lead arranger. Prairie Operating Co.
Bloomberg reported last month that the company has discussed the merits of a takeover with its advisers, he said such a deal would still be unlikely. Shell began its pivot back to oil and gas from clean energy much sooner than bp, putting it in a stronger position today than its London-based rival. “I So why dilute that upside?”
The private equity sponsored E&P was able to garner such a large premium for its land because high consolidation over the last few years has left few attractive private companies for the public E&Ps to target. Diamondback set a record in the Permian Basin with its acquisition of Double Eagle IV.
We are excited to execute on this unique opportunity that is immediately accretive to our per-share metrics and meets our strict criteria for acquisitions high quality acreage with exploration upside, competitive with our current inventory, gained at an attractive price, continued Yacob. The indicated annual rate is $4.08.
bp drilled the exploration well in Green Canyon Block 584, located in western Green Canyon approximately 120 miles off the coast of Louisiana in 4,092 feet of water. bp expects to grow its global upstream production to 2.3 million barrels of oil equivalent in 2030, with the capacity to increase production out to 2035.
The private equity sponsored E&P was able to garner such a large premium for its land because high consolidation over the last few years has left few attractive private companies for the public E&Ps to target. Upstream M&A opened 2025 with $17 billion in deal value, the second-best start to a year since 2018.
Leveraging Corvas Platform-as-a-Service and drilling solutions, Nabors aims to extend its operational reach across diverse data residency jurisdictions and accelerate entry into new markets by strengthening services for E&P customers and third-party drilling contractors.
For example, NEHs current daily production of approximately 4,000 Mcfpd, combined with a 25% loss, results in approximately 30,000 Mcf of monthly vented methane (Ch4) equivalent to the CO emissions produced by approximately 37,905 passenger vehicles per year. New Era Helium, Inc. Additional updates will be provided in the coming weeks.
(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. This will naturally affect drilling, contributing to the overall production growth slowdown.
With Colombias reserves of oil and natural gas falling, and President Gustavo Petro refusing to grant new exploration licenses, Ecopetrol is focused on contracts signed before the environmentalist leader took power in 2022. As we find assets and room to increase exploration and reserves, we will do so gradually, Roa said Tuesday.
plans to lay off nearly 800 employees in the Permian basin, its biggest oil-production operation globally. Chevrons Permian production has grown rapidly in recent years, and is on course to reach 1 million barrels of oil equivalent a day (boed) in the coming months, which would make up nearly a third of the companys global output.
(World Oil) – The media are reporting new predictions that oil production in America is in irreversible decline. The short answer: oil production is not just a matter of geology—it’s a moving target shaped by economics, politics, innovation and infrastructure. oil production would peak in the early 1970s.
The Trans Energy settlement shows that exploration and production (E&P) companies need a rigorous compliance strategy for wetlands permit requirements. On the other hand, the legal commentary has virtually ignored the importance of Nationwide Permits (NWPs) 12 and 39 to E&P activities. See 77 Fed.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content