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Neuquén basin production grows, accounts for over 70% of Argentina’s oil and gas output

Oil & Gas Journal

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. On a national scale, shale oil accounts for 60% of total output, while tight and shale gas combined make up 65% of Argentina ’ s gas production.

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Permian methane emissions dropped 50% in two years, analysts say

Oil & Gas 360º

(World Oil) – The methane intensity of oil and gas production in the Permian basin—an area responsible for half of U.S. The latest data for the year 2024 show the methane emissions intensity of upstream oil and gas operations in the region to be 0.44% per barrel of oil equivalent—a 29% reduction from the previous year.

E&P
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bp, Shell sign deals for Libya exploration and redevelopment

Oil & Gas 360º

Separately, a Shell spokesman confirmed the company has signed a MOU with NOC “to study potential opportunities in the country’s oil and gas sector.” Ever since the civil war, which led to a slump in Libya’s production by about 18-fold to around 100,000 bpd in 2011, output has been volatile. million to 1.3

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Mach Natural Resources LP Announces Transformative Acquisitions in the Permian Basin and San Juan Basin

Oil & Gas 360º

(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

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Talos Energy announces enhanced corporate strategy

Oil & Gas 360º

(Oil & Gas 360) – HOUSTON , June 17, 2025 /PRNewswire/ — Talos Energy Inc. (“Talos” or the “Company”) (NYSE: TALO) today announced its enhanced corporate strategy designed to position the Company as a leading pure-play offshore exploration and production company.

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How Canada’s oil sands transformed into one of North America’s lowest-cost plays

Oil & Gas 360º

They directed their capital to cheaper oil production, and favored U.S. The switch has improved oil output productivity at Imperial’s Kearl oil sands mine by 20% since 2023, the company said. An oil sands mine has big initial start-up costs but once it is operational, it can run for decades with very low production decline rates.

Oil
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Carnarvon Energy to identify exploration in Bedout sub-basin offshore Western Australia

Oil & Gas Journal

· 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. Alex Procyk July 25, 2025 2 min read Carnarvon Energy Ltd. Carnarvon Energy Ltd.