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by Andreas Exarheas | Rigzone Staff | Monday, June 30, 2025 | 6:54 AM EST Wood Mackenzie reveals who was crowned the 'most admired upstreamexplorer' in the company's latest Annual Exploration Summit Survey. Congratulations to John Ardill and the entire exploration team,” he continued.
percent stake during the exploration and appraisal phases. Ahara marks QatarEnergy’s entry into Algeria’s upstream sector, QatarEnergy said separately. In 2023 TotalEnergies and Sonatrach signed an agreement to raise gas production in the Tin Fouye Tabankort II and Tin Fouye Tabankort Sud fields in the south of Algeria.
In May—the latest month with full basin-level data—production in Neuqu é n reached 538,000 b/d of oil and 107 million cu m/day of natural gas. In May—the latest month with full basin-level data—production in Neuqu é n reached 538,000 b/d of oil and 107 million cu m/day of natural gas.
Alex Procyk July 31, 2025 Photo from Yinson Holdings Berhad Azule Energy starts production from Agogo FPSO offshore Angola Key takeaways Azule Energy started production from the Agogo FPSO offshore Angola. The Agogo FPSO has a production capacity of 120,000 b/d of oil. Topside and marine systems are fully electric.
Oil & Gas 360 – Landmark 30 th Anniversary EnerCom Denver – The Energy Investment Conference Announces Energy Transition and Emerging Technology Session Schedule Qualified Investors and Analysts Can Register at No Cost at www.enercomdenver.com DENVER – July 31, 2025 – EnerCom, Inc.,
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Alex Procyk July 25, 2025 2 min read Carnarvon Energy Ltd. · Carnarvon will identify an exploration target offshore WA after completing Bedout Mega Merge seismic reprocessing. · Carnarvon will identify an exploration target offshore WA after completing Bedout Mega Merge seismic reprocessing. Carnarvon Energy Ltd.
is pleased to announce that Ron Gusek, CEO of Liberty Energy and Amerino Gatti, Executive Vice President of Oilfield Services & Equipment for Baker Hughes have been confirmed as keynote speakers at EnerCom Denver – The Energy Investment Conference. (Oil The conference is free for qualified investment professionals.
(Oil & Gas 360) – Register for EnerCom Denver – The Energy Investment Conference, August 17-20, 2025 , featuring a broad group of public and private energy companies at www.enercomdenver.com at The Westin Denver Downtown.
Brent Crude $66.90 +0.65% Natural Gas $3.69 -2.62% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS CNOOC Announces Seventh Upstream Startup in Chinese Waters This Year by Jov Onsat | Rigzone Staff | Monday, June 09, 2025 | 3:37 AM EST Weizhou 5-3 is expected to reach a peak output of about 10,000 bpd next year. feet) deep. holds 49 percent.
AUSTIN, Texas (June 25, 2025) — Enverus, the most trusted energy-dedicated SaaS company that leverages generative AI across its solutions, has released its annual list of the most prolific 100 private oil and gas producers in the U.S. based on gross operated production, well count and rig movements across last year.
Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) has highlighted new employment figures showing an increase in upstream employment in Texas in the month of May. In May, Texas energy producers paid $411 million in oil production taxes, according to the Texas comptroller’s office.
(Oil & Gas 360) – Five Nuclear Companies to Present at EnerCom Denver – The Energy Investment Conference Qualified Investors, Analysts and Energy Industry Professionals Can Register at No Cost at www.enercomdenver.com DENVER – July 23, 2025 – EnerCom, Inc., uranium mining and production.
The Minister also affirmed that the Ministry’s investment stimulation measures have already restored the confidence of investors and halted the decline in production. The post Badawi Rallies Diplomatic Support to Boost Energy Sector Investment first appeared on Egypt Oil & Gas.
“Those savings would give operators the ability to reinvest in new energyproduction, helping drive domestic energy development while reducing the need for duplicative infrastructure”, the DOI said. The current rules were written for a different era” The American Petroleum Institute welcomed the proposal.
This landmark deal not only reshapes EOG’s portfolio but also sends ripples through the broader energy M&A landscape, signaling a shift in where, and how, operators are seeking growth. Encino assets offer a rare combination of scale, liquids-rich production and development upside. Key takeaways: EOG re-enters M&A with a $5.6B
Woodside Energy) in support of the Trion deepwater oil and gas development offshore Mexico. Under the agreement, Expro will provide industry-leading tubular running services (TRS) and cementing services for what will be Mexico’s first deepwater oil production facility – a major milestone in the region’s energy evolution.
(Oil & Gas 360) – Publisher’s Note: Mach Natural Resources will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown , August 17-20, 2025. Register to attend. The combined consideration for both transactions is approximately $1.3
“Drilling of ‘Ain Dar began in 1948, with production starting in 1951 at an extraordinary rate of 15,600 barrels per day (bpd) of ‘dry oil’- which contains only a small amount of basic sediments,” the story noted. Welligence is a market intelligence firm focused on the upstream oil and gas sector.
1, 2025 3 min read Key Highlights Chevrons Permian basin production exceeded 1 MMboe/d. Total global capex decreased by $500 million in first-half 2025, net production increased slightly to 3.4 Total global capex decreased by $500 million in first-half 2025, net production increased slightly to 3.4 Geert De Lombaerde Aug.
Energy Development Corporation UpCurve Energy Valeura Energy (TSX: VLE; OTCQX: VLERF) Verde EOR Solutions Vermilion Energy (NYSE/TSX: VET) Vitesse Energy (NYSE: VTS) Whitecap Resources (TSX: WCP) Williams Companies (NYSE: WMB) Zephyr Energy (AIM: ZPHR; OTCQB: ZPHRF) Venue: Westin Denver Downtown.
During June 2025, Keddington produced a total of 992 bbl of oil over 23 days of timed pumped production averaging 10.4 The newly installed equipment and facilities are working well and continue to be fine-tuned to optimise production. h/d with an average flow-rate of 43 bpd gross during the period. Already a member?
July 29, 2025 4 min read Rystad Energy Floating vs. onshore LNG utilization rates Floating liquefied natural gas (FLNG) terminals are increasingly making their mark on the global LNG market, with projections from Rystad Energy indicating that their capacity could triple by 2030. million tpy recorded in 2024.
Read the latest issue of Oilfield Technology magazine for upstream news, project stories, industry insight and technical articles. Please sign in or register for free. Already a member? All rights reserved | Tel: +44 (0)1252 718 999 | Email: enquiries@oilfieldtechnology.com
Woodside will assume operatorship of the offshore Bass Strait production assets, the Longford gas plant, the Long Island Point gas liquids processing plant, and associated pipeline infrastructure, the company said in a release July 29. Related General Interest ExxonMobil takes Bass Strait off the market Nov.
Upon delivery, the P-78 will be deployed in Brazil’s prolific Buzios field, the largest deepwater oil field globally, with an impressive production capacity of 180 000 bpd of oil, 7.2 Read the latest issue of Oilfield Technology magazine for upstream news, project stories, industry insight and technical articles. Petrobras).
Secondary targets productive in the immediate area include the Prue Sands, Red Fork and Base Pennsylvanian Sands. ” Read the latest issue of Oilfield Technology magazine for upstream news, project stories, industry insight and technical articles. Please sign in or register for free. Already a member?
Alex Procyk July 23, 2025 Map from TotalEnergies Key takeaways TotalEnergies has started production from the Begonia and CLOV Phase 3 projects offshore Angola. Total production from the projects is 60,000 b/d. Total production from the projects is 60,000 b/d. Photo from TotalEnergies. 3, 2021 Map from TotalEnergies.
(Oil & Gas 360) – Join us as we celebrate three decades of bringing together the energy industry’s companies, investors, analysts, and industry leaders. Don’t miss the celebration, sponsorship opportunities are still available. The conference kicks off with the annual Charity Golf Tournament on Sunday, August 17th.
It is the third exploration well drilled in production licence 891, which was awarded during the Awards in Predefined Areas (APA) in 2016. A successful formation test was completed, achieving a maximum production rate of 650 standard m 3 of oil per flow day through a 36/64 in. nozzle opening.
Every year billions of barrels of Produced Water (PW) are generated from oil and gas production around the world. Most of this water goes back into the producing formations via injection wells as part of IOR and EOR programs to get more production from ageing fields. However, the desalination of PW generates a heavy brine by-product.
It’s a company built on firm foundations, much like the strong granite synonymous with the city” “Adura will sustain domestic oil and gas production and security of energy supply in the UK and beyond”, Equinor added. percent operating stake in Pierce, which started production 1999; a 44.9
The company will deliver a rigless intervention framework that enables Repsol Resources UK to optimise well construction, production, and intervention to maximise plug and abandonment (P&A) operations. Read the latest issue of Oilfield Technology magazine for upstream news, project stories, industry insight and technical articles.
These critical components are set for integration on the Errea Wittu Floating Production Storage and Offloading (FPSO) unit; the fifth vessel supporting development within the Stabroek Block, led by one of the industry’s most active deepwater operators. The project, approved in April 2023 with an estimated investment of US12.7
Read the latest issue of Oilfield Technology magazine for upstream news, project stories, industry insight and technical articles. Precise, DrillSync, DrillOps and Neuro are part of SLB’s comprehensive portfolio of digital drilling technologies and services. Already a member?
Today, let’s explore how natural gas dehydrators have transformed over the years, from their nascent stages to the sophisticated systems we see today. While this could achieve some level of dehydration, it was often limited by the achievable temperature drop and the energy requirements.
We will explore the inherent challenges in gas separation, the mechanics of these innovative devices, and the tangible benefits they bring, including enhanced operational reliability, reduced maintenance, and superior product quality. Product Quality: Sales gas specifications demand very low levels of water and hydrocarbon liquids.
Image by EyeEm Mobile GmbH via iStock Gran Tierra Energy Inc. said its subsidiary has signed an agreement to sell its wholly owned subsidiary Gran Tierra North Sea Limited (GTNSL) to private upstream company NEO Energy for $7.5 Image by EyeEm Mobile GmbH via iStock Gran Tierra Energy Inc.
But the explorers have also hit dry wells, prompting them to write off drilling costs as they learned more about the fields. Namibia is targeting first oil output in the next five years, as it seeks to become a producer before crude demand is overtaken by low-carbon and renewable sources of energy.
“We are pleased with our success in today’s bidding round, securing a new exploration opportunity in Brazil – a core country in our international portfolio. Equinor will now work to conduct necessary geological and geophysical assessments for future exploration activities. Please sign in or register for free.
According to data collected by the US Department of the Interior’s Office of Natural Resources Revenue, onshore crude oil production from federal lands reached 1.7 Total US crude oil production has nearly tripled, from 5.0 Growth in crude oil production from federal lands has increased at a faster rate: the 2024 output of 1.7
Renewable energy sources are rapidly expanding and driving the decarbonization effort, yet certain industries, particularly those with hard-to-abate (HtA) emissions, require additional solutions. As the world shifts toward a more sustainable future, addressing carbon emissions remains a top priority. â European Commission, January 2023.
The final dataset brings substantial improvements in resolution and structural clarity, revealing previously unseen exploration targets and providing greater confidence in prospect understanding compared to vintage seismic data. This level of detail will support confident exploration and development decisions for years to come.”
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