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India Launches Largest-Ever Offshore Exploration Tender

OilPrice

India is looking to strengthen its domestic oil and gas exploration and supply with the biggest-ever acreage up for grabs under the Open Acreage Licensing Programme (OALP) Round X.

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Making enhanced oil recovery great again: OBBA 45Q tax credit shift cuts E&P costs by 40%

Enverus

EIR’s findings indicate that certain E&P operators stand to benefit based on proximity to emitters and which CO₂ sources are best positioned for offtake via existing or planned pipelines. “The EIR) is a subsidiary of Enverus that publishes energy-sector research focused on the oil, natural gas, power and renewable industries.

E&P
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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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One of Wyoming’s largest oil producers drilling its first 3-mile well

Oil & Gas 360º

Leading Development In early June, bullish news broke about the Converse County Oil and Gas Project, with the BLM announcing it was doing its best to move the project forward. The revolution centers on horizontal drilling. Anschutz Exploration Corp., one of Wyoming’s top oil producers, is pushing that envelope. million acres in the PRB.

IT
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Record Permian output boosts Exxon’s Q2 results

Oil & Gas 360º

(Oil Price) – Despite the slide in oil prices in the second quarter, ExxonMobil ( NYSE: XOM ) reported on Friday earnings that exceeded analyst estimates on the back of increased oil and gas production in the U.S. billion from the first quarter, due to lower crude and natural gas realizations. billion were down by $1.4

E&P
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BP-Eni JV makes major gas discovery offshore Angola

Oil & Gas 360º

(Oil Price) – Azule Energy, a joint venture of international majors BP and Eni, has discovered a major natural gas reservoir offshore Angola in the first gas-targeting exploration well in the oil-producing country. Adriano Mongini, CEO of Azule Energy, commented: “This is a landmark moment for gas exploration in Angola.

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Revolutionizing ERCOT Power Grid Forecasting with Enverus New Model

Enverus

The Challenges of Forecasting for ERCOT ERCOT’s power grid operates in a deregulated market with a diverse energy mix, including significant contributions from wind, solar, and traditional sources like natural gas and nuclear. Are you ready to take your power trading skills to the next level?

E&P