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Calgary, Alberta (April 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 1Q2025 upstream M&A activity and outlook for the rest of the year.
(World Oil) – Africas national oil companies (NOC) are moving beyond operating as state-representatives by transforming themselves into competitive upstream players. Unlocking new E&P markets A slate of discoveries in recent years have opened up new oil and gas plays across the continent.
(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. Upstream M&A opened 2025 with $17 billion in deal value, the second-best start to a year since 2018.
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.
Enverus Intelligence Research (EIR), a subsidiary of Enverus, an energy-dedicated SaaS company, released on April 23 its summary of 1Q2025 upstream M&A activity and outlook for the rest of the year. On top of that, upstream companies will now have to navigate significant headwinds from falling oil and equity values.
Upstream Midstream Downstream are terms commonly used in the oil and gas industry to describe different stages of the production and distribution process. What is oil and gas upstream midstream downstream? Upstream involves locating, surveying, drilling, and extracting crude oil and natural gas from underground reservoirs.
This discovery in the deepwater Gulf of America/Gulf of Mexico underscores how bp is in action to step up investment in exploration and strengthen its upstream portfolio under the strategy reset announced in February 2025. bp expects to grow its global upstream production to 2.3 onshore and offshore regions by 2030.
(Oil Price) –Natural gas producer EQT Corporation has agreed to buy upstream and midstream assets of Olympus Energy for $1.8 billion in a deal that would bolster EQTs inventory in the Marcellus and Utica shale gas regions. Source: Yahoo News The total consideration of $1.8
Returning to Bergen, the event will bring together the E and P industry to expand technical knowledge, connect with innovators and leaders and address the key issues facing upstream oil and gas professionals. Over 30 years, the.
Fieldwood Energy elev su produccin en Ichalkil y Pokoch a 11,500 barriles diarios en enero de 2025, con planes de perforacin e inversin de 523.24M USD este ao. Fieldwood Energy E&P Mxico ha logrado un aumento significativo en la produccin de crudo en los campos Ichalkil y Pokoch, alcanzando 11,500 barriles diarios en enero de 2025.
The industry has divided into several sectors, the upstream, i.e. E & P sectors are The petroleum industry is known to be one of the largest industries in the world, where oil and gas are the primary products produced by the industry.
Hess Corp has transferred value from its upstream assets to its midstream assets rather than operate with the best interests of non-operating working interest owners in mind, said the lawsuit filed in a federal court in Houston.
On Wednesday, OPEC also cut its forecast of liquids supply from OPEC+s rivals including the United States, due to lower upstream spending amid falling oil prices. Due to the decline in oil prices and signals from the U.S. shale production for the second month in row.
This report analyzes upstream oil and gas production trends over the last three years, based on data from Rextag Energy DataLink. upstream player. Production by Operator - 12 Months (01.2024 - 12.2024) The following table ranks the top oil and gas producers in the DJ Basin.
For investors, this sector offers diverse opportunities, ranging from upstream exploration to downstream refining and distribution. Upstream Investments; Exploration and Production (E&P): The upstream sector involves the search for oil and gas reservoirs and the extraction of these resources.
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.
Upstream earnings increased by $1.1 These mostly offset lower earnings due to a significant decline in industry refining margins, weaker crude prices, lower base volumes from strategic divestments, and higher expenses from growth initiatives, Exxon said. billion from a year earlier to $6.8 Exxons net production jumped by 20% to 4.6
This is an enormous opportunity as we grow bps oil and gas business and fully aligned with our strategy of strengthening our upstream portfolio. 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.
The firm delivers high quality, fully integrated engineering, operational, geological, geophysical, petrophysical, and economic solutions for all facets of the upstream energy industry. About NSAI Netherland, Sewell & Associates, Inc.
The firm delivers high quality, fully integrated engineering, operational, geological, geophysical, petrophysical, and economic solutions for all facets of the upstream energy industry. About NSAI Netherland, Sewell & Associates, Inc.
upstream M&A reaching $105 billion in 2024the third highest as recorded by Enverusthe market shows no signs of slowing down, with high price tag deals being driven by the scarcity of high-quality inventory. To learn more, click here. [1] 1] Diamondback News Release [2] FANG Spends $4.1
For further information: Flotek Investor Contact: Mike Critelli, Director of Finance & Investor Relations, E: ir@flotekind.com; ProFrac Investor Contact: Michael Messina, Director of Finance, E: investors@pfholdingscorp.com ProFrac Holding Corp. SOURCE Flotek Industries, Inc.
netherlandsewell.com Haynes and Boone, LLP Haynes Boone is an energy-focused corporate law firm that provides a full spectrum of legal services and solutions to clients across the energy industry, including the upstream, midstream, and downstream sectors as well as power and renewables.
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.
Additionally, the two oil and gas leaders reviewed opportunities for Halliburton to enter the field of exploration and production (E&P) through the opportunities available on Egypt Upstream Gateway (EUG). The meeting further discussed leveraging Halliburton’s expertise in developing brownfields.
British Columbias upstream oil and gas sector has seen a surge in well permitting activity over the last few yearsbut drilling activity hasnt kept pace. Whether youre a directional driller, frac crew, water hauler, or E&P investor knowing where the backlog is can be the key to targeting the right accounts and fields for the months ahead.
holding a 60% working interest, with TotalEnergies E&P USA, Inc. According to Chevron, the field is expected to recover an estimated 150 million barrels of oil equivalent (gross) over its lifetime a sizable volume that contributes significantly to the companys deepwater reserves and long-term output forecasts.
BP achieved upstream plant reliability of 95.4%, one of its best on record, and refining availability at 96.2%. Hess Q1 2025 Performance Hess Corporation delivered a solid operational quarter in Q1 2025, marked by steady oil and gas production, continued development progress in Guyana, and significant investments in key upstream assets.
“The potential impact on production levels in 2025 and 2026 of the decline in upstreamE&P oil investments will constitute a challenge, despite the industrys continued focus on efficiency and productivity improvements,” the report said.
“The potential impact on production levels in 2025 and 2026 of the decline in upstreamE&P oil investments will constitute a challenge, despite the industrys continued focus on efficiency and productivity improvements,” the report said.
Despite the headwinds, Auchincloss highlighted BPs highest upstream operating efficiency in the history of the business, which included the best refinery availability in more than 20 years. For example, rig count is down 10% in the United States. That impacts supply, so were just cautiously moving forward.
Exploration and production companies (E&Ps) continued to focus on healthy balance sheets and capital discipline, providing buyers with liquidity and access to public high-yield debt at reasonable rates. From an equity standpoint, the recent sales have increased the need to fund new upstream and midstream companies.
Now, a price rout that has already prompted the E&P segment to issue warning after warning is putting the good run on an extended pause. Oil demand rebounded strongly, drillers drilled more, and even the climate-focused energy policies of the Biden administration could not ruin that.
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