IFS: Oil & Gas

FEBRUARY 26, 2024

It is no secret the last couple of years brought market uncertainty to the global upstream oil and gas industry. The post E&P Leaders Count on IFS to Deliver Market Leadership, Proven Performance, and Reliability in Oil & Gas appeared first on IFS Blog.

E&P 52

E&P Upstream Gas Oil 52

Oil & Gas 360º

APRIL 15, 2025

(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. Sidley Austin LLP served as legal counsel to USEDC on its credit facility.

E&P 189

E&P Exploration and Production Energy Energy 189

Oil & Gas 360º

MAY 15, 2025

(Oil Price) –Economic headwinds and record electric vehicle sales are set to materially slow down global oil demand growth for the rest of the year, the International Energy Agency (IEA) said on Thursday. World oil demand rose by 990,000 barrels per day (bpd) in the first quarter of 2025.

Oil 130

Oil Upstream Barrel E&P 130

Oil & Gas 360º

MARCH 26, 2025

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.

E&P 130

E&P Energy Energy Exploration and Production 130

Oil & Gas 360º

APRIL 21, 2025

(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.

Oil 130

Oil Crude Oil Exploration and Production Natural Gas 130

RBN Energy

MAY 4, 2025

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.

E&P 50

E&P E&A Oil Gas 50

Oil & Gas 360º

MAY 19, 2025

(BOE Report) – Oil and gas operators in North Dakota have indicated they plan to drop rigs and frac crews due to weaker oil prices, a move that is likely to impact output in the third largest U.S. oil producer, the states Department of Mineral Resources said on Friday.

Oil 130

Oil Operator Barrel E&P 130

Oil & Gas 360º

MARCH 26, 2025

(World Oil) – bp has received final government ratification for its contract to invest in the redevelopment of several giant oil fields in Kirkuk, in the north of Iraq. This is an enormous opportunity as we grow bps oil and gas business and fully aligned with our strategy of strengthening our upstream portfolio.

Field 130

Field Oil Exploration and Production Barrel 130

Oil & Gas 360º

APRIL 28, 2025

(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.”

Upstream 130

Upstream E&P E&A Natural Gas 130

Oil & Gas 360º

APRIL 7, 2025

(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.

Exploration and Production 130

Exploration and Production Oil Crude Oil Barrel 130

Oil & Gas 360º

MARCH 31, 2025

(Oil Price) –Ever since BP admitted that its attempt to go green had ended in a disaster, the flow of news from the energy industry has been in one single direction: back to oil and gas, which make money. It also got an approval from the Iraqi government to start the development of two oil fields in the north.

Oil 130

Oil Gas Field IT 130

Oil & Gas 360º

MAY 5, 2025

(BOE Report) –NEW YORK (Reuters Breakingviews) Oil fields are just as quick to make fortunes as break them. The 1901 Spindletop gusher in Texas jumpstarted the petroleum age, crashing oil prices. produced about 5 million barrels of crude oil per day, down by half from the 1970s. Twenty years ago, the U.S.

Oil 130

Oil Barrel Field Basin 130

Oil & Gas 360º

MAY 20, 2025

Hess Corp has a 38% interest in Hess Midstream, which owns oil, gas and produced water handling assets primarily in the Bakken and Three Forks shale plays, Continental said. Continental has been deprived of about $34 million to $69 million of revenue for oil and gas production, the filing said.

Midstream 130

Midstream IT Oil Operator 130

Oil & Gas 360º

APRIL 14, 2025

(Investing) – bp today announced an oil discovery at the Far South prospect in the deepwater U.S. Both the initial well and a subsequent sidetrack encountered oil in high-quality Miocene reservoirs. million barrels of oil equivalent in 2030, with the capacity to increase production out to 2035.

Oil 130

Oil Exploration and Production Sidetracking Upstream 130

Oil & Gas 360º

APRIL 2, 2025

(World Oil) –INEOS Energy has completed its acquisition of the U.S. The deal increases INEOS Energys production globally to over 90,000 barrels of oil equivalent per day (boed) and marks the third major investment by INEOS Energy in the U.S., Gulf business held by CNOOC Energy Holdings U.S.A. “The U.S.

Oil 130

Oil Gas Completion Energy 130

Oil & Gas 360º

APRIL 16, 2025

(World Oil) –Vista Energy has acquired Petronas’ 50% stake in a region of the Vaca Muerta shale basin in a deal valued at $1.5 LACh spans across 46,594 acres in the black oil window of Vaca Muerta. billion USD. I firmly believe this represents a unique opportunity to create long-term value for our shareholders.

Oil 130

Oil Barrel Crude Oil Operator 130

Permian Basin Oil and Gas Magazine

APRIL 15, 2025

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.

Completion 98

Completion E&P Basin Exploration and Production 98

Oil & Gas 360º

APRIL 14, 2025

(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.

E&P 130

E&P Instrumentation E&A Operator 130

McKinsey

NOVEMBER 30, 2018

Crude oil prices rose during the third quarter to reach their highest level in four years, while increased E&P capital expenditures and continued efficiency improvements resulted in better OFSE performance.

E&P 76

E&P Crude Oil Oil Gas 76

Oil & Gas 360º

APRIL 30, 2025

(Oil & Gas 360) – April 22, 2025 – For over 25 years, global petroleum consultancy Netherland, Sewell & Associates, Inc. NSAI) has hosted its highly regarded Oil & Gas Property Evaluation Seminar. NSAI is pleased to announce it is hosting a two-day session in Dallas on May 5 th and 6 th.

Oil 130

Oil Gas Exploration and Production IT 130

Oil & Gas 360º

APRIL 22, 2025

(Oil & Gas 360) – April 22, 2025 – For over 25 years, global petroleum consultancy Netherland, Sewell & Associates, Inc. NSAI) has hosted its highly regarded Oil & Gas Property Evaluation Seminar. NSAI is pleased to announce it is hosting a two-day session in Dallas on May 5 th and 6 th.

Oil 130

Oil Gas Exploration and Production IT 130

Enverus

APRIL 23, 2025

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.

Upstream 162

Upstream E&P E&A Natural Gas 162

Rigzone

MARCH 14, 2025

Preliminary analysis indicates substantial oil and gas volumes', a statement posted on FIRST E&P's website said.

E&P 62

E&P E&A Oil Gas 62

Mees

APRIL 11, 2025

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.

E&P 52

E&P Oil E&A IT 52

The Energy Law

SEPTEMBER 16, 2014

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.

E&P 40

E&P Energy Energy Utilities 40

McKinsey

JULY 14, 2020

Exploration and production companies born during the shale boom are struggling in the era of cash. Lessons from other heavy industries can help them transform their operations from end to end.

E&P 48

E&P Exploration and Production Operator Oil 48

Oil & Gas 360º

MARCH 4, 2025

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.

Energy 200

Energy Energy Management Consulting 200

Oil & Gas 360º

MAY 8, 2025

(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.

Crude Oil 130

Crude Oil Operator E&P Oil 130

The Energy Law

FEBRUARY 3, 2021

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 Communications include firm news, insights, and events.

E&P 40

E&P E&A Operator Exploration and Production 40

The Energy Law

FEBRUARY 3, 2021

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 Communications include firm news, insights, and events.

E&P 40

E&P E&A Operator Education 40

Oil & Gas 360º

MAY 28, 2025

(World Oil) – South Africa has officially established its new state-owned oil corporationSouth African National Petroleum Company (SANPC). This country can have between 5% and 8% annual growth if we use our oil and gas reserves. We have oil, we have gas, so we must exploit it.

Petroleum 130

Petroleum Oil Instrumentation Gas 130

Oilfield Technology

MAY 9, 2025

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.

Offshore 52

Offshore E&P Natural Gas E&A 52

Oil & Gas 360º

MAY 30, 2025

(World Oil) –Chevron Corp. plans to lay off nearly 800 employees in the Permian basin, its biggest oil-production operation globally. Chief Executive Officer Mike Wirth is looking to reduce structural costs by $3 billion, making the company more efficient and better able to withstand low oil prices.

Basin 130

Basin Oil Operator Barrel 130

Asian Oil & Gas

MARCH 10, 2025

Japan Petroleum Exploration (Japex) is prioritizing investment in oil and gas exploration and production (E&P) through 2030 - revising an earlier plan to aggressively expand its renewables businesses

E&P 40

E&P Exploration and Production Gas Oil 40

Oil & Gas 360º

MAY 30, 2025

(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.

Exploration and Production 130

Exploration and Production Crude Oil Natural Gas Energy 130

Oil & Gas 360º

MAY 27, 2025

(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. Output of crude oil in the play will plateau at 7.7 million barrels daily. before 2035.

Barrel 130

Barrel Oil Consulting Basin 130

Nestoil

SEPTEMBER 4, 2024

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.

Gas 52

Gas Oil Exploration and Production E&P 52