Remove Events Remove Exploration and Production Remove Royalty
article thumbnail

US DOI Proposes Easing Regulations on Onshore Commingled Production

Rigzone

Commingling is currently restricted to license areas that have “identical mineral ownership, royalty rates and revenue distribution”, the DOI said. “These requirements create unnecessary barriers in many areas of the West where mineral ownership is complex and varied.

article thumbnail

Production Resumes at Keddington Oilfield

Rigzone

The company said in a media release production resumed following major site upgrades in 2024 and 2025. The newly installed equipment and facilities are functioning well and ongoing adjustments are being made to optimize production, it said. Union Jack holds a 55 percent interest in Keddington.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Union Jack Oil plc announce resumption of production at Keddington Oilfield

Oilfield Technology

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?

article thumbnail

EnerCom Denver releases full presenter lineup for Landmark 30th Energy Investment Conference

Oil & Gas 360º

The golf event is sponsored by global sponsor Netherland, Sewell & Associates and EnerCom. The presenting company lineup as of July 14, 2025, includes: Advantage Energy (TSX: AAV) Amplify Energy (NYSE: AMPY) Anschutz Exploration APA Corp. The tournament is a fundraiser for IN! Pathways to Inclusive Higher Education.

Energy 130
article thumbnail

Gran Tierra to Sell UKCS Asset to NEO Energy for $7.5MM

Rigzone

First-Quarter Results Gran Tierra reported first-quarter total average working interest before royalties (WI) production of 46,647 barrels of oil equivalent per day (boepd), 14 percent higher than the previous quarter and 45 percent higher year over year.

article thumbnail

THE SIZE OF THE PRIZE HINGES ON THE CURRENT DRILL PROGRAM NEXMETALS MINING CORP NEXM-TSXV

Oil and Gas Investments

But Giustra brought in a new operating team, and led the initial finance rounds into West Red Lake Gold Mines (WRLG-TSX) —and now, VOILA—they just announced commercial production. Having all these past benefits ready to go saves time and money in getting to production: 1. Mining leases are in place. I want everyone to understand 3.4%

article thumbnail

Viper Energy, Inc., a Subsidiary of Diamondback Energy, Inc., to Acquire Sitio Royalties Corp. in All-Equity Transaction; Increases Base Dividend

Oil & Gas 360º

NASDAQ:FANG) (Diamondback), and Sitio Royalties Corp. mboe/d); Q1 2025 average Permian production of 14.5 existing net DUCs and permits with an average lateral length of ~9,500 feet PRO FORMA HIGHLIGHTS Approximately 85,700 net royalty acres in the Permian Basin; ~43% operated by Diamondback Pro forma Viper owns an average 1.8%

Royalty 130