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E&P operators, midstream providers and regulators are all grappling with how to ensure produced water takeaway doesn’t become the bottleneck for Permian oil and gas development,” Patrick Patton, Vice President Product Management at B3 Insight, said last month. While the Permian crude production is set to exceed 6.5
The Electric Reliability Council of Texas (ERCOT) manages one of the most dynamic and complex power grids in the United States, serving over 26 million customers across Texas. Grid Operations Complexity : Elements like phase shifters, which help manage power flow, add layers of complexity that standard models struggle to simulate accurately.
Institutional investors, portfolio managers, family offices, financial analysts, CIOs, and other investment community and industry professionals are encouraged to register now for EnerCom Denver at www.EnerComDenver.com. This year’s conference will occur August 17-20, 2025, at T he Westin Denver Downtown. About EnerCom, Inc.:
Institutional investors, family offices, portfolio managers, financial analysts, CIOs, and other investment community and industry professionals are encouraged to register now. Meetings are limited to buy-side principals, portfolio managers, CIOs, and securities analysts. Companies continue to be added to the schedule daily.
Mr. Piet Van Assche will be promoted internally to Chief Operating Officer while maintaining his current role as Managing Director of Hungary. Cornelius commented: Founding CanCambria as an international unconventional resource E&P company has been one of the highlights of my career.
Mark Teshoian, Co-Managing Partner of Kayne’s Energy Private Equity practice, stated, “We are excited to partner with Tom and the Mach team on this transformative transaction. With our outstanding local team and the strength of Mach’s management team, we believe we can unlock even greater value in the basin.
Energy Development Corporation Founded in 1980 and headquartered in Fort Worth, Texas, USEDC is a privately held exploration and production (E&P) firm that manages assets for itself and its partners. Sidley Austin LLP served as legal counsel to USEDC on its credit facility.
With a strong footprint in the Delaware Basin and a management team unafraid to act decisively, the remainder of 2025 looks poised to deliver focused growth. The company sold midstream assets in Reeves County to Kinetik Holdings for $180 million, freeing up capital and sharpening its focus on core E&P operations.
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. About EnerCom, Inc.: Founded in 1994, EnerCom, Inc.
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 hope to apply bp’s experience from redeveloping and managing giant oil fields around the world.” Libya is currently running its first tender for energy exploration contracts since the 2011 civil war. bp’s agreement covers the Sarir and Messla oil fields, which were discovered in 1961 and 1971, respectively.
America’s oil and natural gas producers are critical to our economy and the energy resources they provide will be needed far into the future. … The administration must reject previous policies that blocked and restricted lease sales and closed off planning areas.
Institutional investors, portfolio managers, family offices, financial analysts, CIOs, and other investment community and industry professionals are encouraged to register now for EnerCom Denver at www.EnerComDenver.com. This year’s conference will occur August 17-20, 2025, at T he Westin Denver Downtown. About EnerCom, Inc.:
The biggest single potential asset disposal — lubricants unit Castrol — has “a limited universe of potential buyers,” Moelis Managing Director Ali Hassen said. “So there would be lots of interest, but a deal on that scale could raise questions about the future of the rest of the company, Moelis Managing Director Muhammad Laghari said.
.” The legal dispute arose from Argentina’s 2012 seizure of the 51% YPF stake held by Spain’s Repsol (OTC: REPYY ), without tendering for shares held by minority investors Petersen Energia Inversora and Eton Park Capital Management. In 2023, Preska awarded $14.4 billion to Petersen and $1.7
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.
In addition, certain Directors, management and their affiliates intend to subscribe for 23,333,333 new Ordinary Shares at the Issue Price to raise a further £0.7 Additional management analysis suggests that future, two-mile laterals on the Paradox project will have an estimated P50 individual well performance of 3.6 million gross.
All statements, other than statements of historical fact included in this communication, regarding our strategy; development plans; future financial performance, including anticipated cash flows; projected costs, cost savings and operational efficiencies; estimated revenues and losses; future operations and operating results; production and reserves; (..)
Its royalty-focused, asset-light model stands out versus traditional E&Ps like Diamondback, offering high efficiency and lower risk. The forward P/E becomes attractive in the teens, so a price in the lower $30s would make this a compelling buy, in my opinion.
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. About EnerCom, Inc.: Founded in 1994, EnerCom, Inc.
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.
Department of the Interiors Bureau of Land Management (BLM) Pecos District Office. When used in this press release, the words anticipate, believe, estimate, expect, future, intend, plan or the negative of these terms and similar expressions, as they relate to us or our management, identify forward-looking statements.
Institutional investors, family offices, portfolio managers, financial analysts, CIOs, and other investment community and industry professionals are encouraged to register now. Please join us after the conference concludes on Wednesday afternoon with a closing cocktail reception as we reflect on the 2025 Conference. About EnerCom, Inc.:
As the clock approached midnight on December 31, E&Pmanagements 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.
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.
Forward-looking statements relate to future events, including, without limitation, statements regarding our future financial position, business strategy, budgets, projected revenues, costs and plans, objectives of management for future operations, the anticipated benefits of our acquisition of Marathon Oil Corporation (Marathon Oil), the anticipated (..)
“By leveraging cutting-edge intellectual property, these asset integrity management solutions provide industry-leading gas quality assurance capabilities to customers while providing a platform for future growth as we partner with Flotek to explore applications of this technology across other industry verticals. . ProFrac Holding Corp.
150,000 bpd gross in 4 years into the Brazilian ultra-deepwater pre-salt play in partnership with Shell , as well as into a leading position in the Latin American power transmission sector and focused investments in renewable energies, water management, and nature-based climate solutions. and the U.K.,
This scarcity value may help Vitol secure a bumper payout on its bet on VTX, having pledged $1 billion in 2022 to establish the company and fund its management team, which had previously built and sold a number of privately-owned oil and gas producers, according to the companys website. VTX is Vitols second U.S. billion.
Co-owner TotalEnergies E&P USA, Inc. The development is Chevrons first in the Norphlet trend of the Gulf. Chevron subsidiary Chevron U.S.A. is operator of the Ballymore project with 60 percent working interest. has 40 percent working interest. About Chevron Chevron is one of the worlds leading integrated energy companies.
Services will begin in early 2026 and be managed through SLBs Performance Live digital service delivery centers. We will also leverage the strategic investments weve made in local talent and supply chains in Mexico, which will help support the on-time delivery of this project.
The combined company will be led by Whitecap’s existing management team under the Whitecap name with four Veren directors to join the Whitecap Board of Directors, including the current President & CEO of Veren, Craig Bryksa. Under the terms of the Agreement, Veren shareholders will receive 1.05
This well-timed risk management initiative secures strong pricing, enhances visibility, and reinforces the Companys commitment to capital discipline and long-term value creation. The hedges were executed following the closing of Prairies transformative acquisition of DJ Basin assets from Bayswater Exploration and Production. bbl WTI and $4.28/MMBtu
Chevron plans to use triple-frac on between 50% and 60% of its wells in the Permian, up from 20% of wells triple-fracked last year, Jeff Newhook, a completions operations manager at the U.S. supermajor, told Reuters in an interview. The triple-frac reduces by 25% the time to bring wells to production.
This transaction positions Viper to compete for capital with mid and large cap North American E&Ps; except with higher margins, minimal operating costs, and the lowest dividend breakeven in the space. The Diamondback drillbit remains Vipers biggest competitive advantage and the most visible source of long-term production growth at Viper.
It came as the result of a pressure campaign from activist investor Elliot Management, which called BP out on its unrealistic expectations from the transition gamble. However, while doing this, the French supermajor has somehow managed to keep focused on its core business.
BPs management touted the early results of the strategy reset and the three project start-ups this year, out of 10 major projects expected to begin oil and gas production by 2027. billion for the first quarter. Thats lower than a company-provided analyst consensus estimate of $1.53 billion, and half compared to BPs earnings of $2.7
Together with our partners, we aim to deliver world-class operations, combining deep local knowledge with our expertise in managing giant fields and safely executing major projects. From signing a memorandum of understanding last year to now fully completing our agreement, were looking forward to getting to work.
Transaction Highlights Transforms EOG into a leading Utica E&P The acquisition of Encinos 675,000 net core acres significantly increases EOGs Utica position to a combined 1,100,000 net acres, representing more than two billion barrels oil equivalent of undeveloped net resource.
According to a recent Interstate Oil and Gas Compact Commission study, thanks to RRCs robust state managed plugging program, Texas has seen one of the lowest increases in orphaned well population. We would urge our federal partners to examine and remove the red tape implemented by the previous program staff.
Since 2021, Zephyr has completed 14 discrete acquisitions in theWilliston Basinand built a highly experienced team which previously managed over 4,000 non-operated wells throughout the region. Zephyr’s management and deal sourcing capabilities should allow for significant new growth in our non-operated portfolio.
Forward-looking statements are statements of future expectations that are based on managements current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements.
The SNPR presents new data on ballast water management systems and solicits public comments on the standards and definitions applicable to ballast tanks, hulls and associated niche areas, and graywater systems. Communications include firm news, insights, and events.
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