Equinor Makes Gas Discovery Near Huge Arctic Oilfield
OilPrice
JULY 10, 2025
Equinor has made a gas discovery close to its Johan Castberg oilfield in the Barents Sea and will assess a potential tie-in to the now fully operational Arctic field.
Exploration and Production Natural Gas Operator 
Permian methane emissions dropped 50% in two years, analysts say
Oil & Gas 360º
JULY 25, 2025
(World Oil) – The methane intensity of oil and gas production in the Permian basin—an area responsible for half of U.S. World Oil) – The methane intensity of oil and gas production in the Permian basin—an area responsible for half of U.S. Absolute annual 2024 methane emissions decreased by 21.3
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BP-Eni JV makes major gas discovery offshore Angola
Oil & Gas 360º
JULY 14, 2025
(Oil Price) – Azule Energy, a joint venture of international majors BP and Eni, has discovered a major natural gas reservoir offshore Angola in the first gas-targeting exploration well in the oil-producing country. The country aims to boost its current oil production of about 1.1
Neuquén basin production grows, accounts for over 70% of Argentina’s oil and gas output
Oil & Gas Journal
JULY 28, 2025
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.
Prairie Operating Co. Announces $12.5 Million Strategic Acquisition to Accelerate Growth in the DJ Basin
Oil & Gas 360º
JULY 2, 2025
(Oil & Gas 360) – Publisher’s Note: Prairie Operating will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown , August 17-20, 2025. This acquisition delivers immediate scale, existing production, and a clear path to growth through high-quality operated drilling inventory.
A Toast to Tradition with Help from Natural Gas
American Gas Association
JULY 24, 2025
Whether it’s a 20-year single-malt Scotch or a beer from the local grocery store, you might not realize the role natural gas plays in making your favorite drink possible. Behind every bottle and pint, natural gas is the quiet hero that makes it all happen. For distilleries and breweries, natural gas is the fuel of choice.
What’s Changed in Natural Gas Dehydrators
Pro-Gas Services
JULY 20, 2025
The journey of natural gas from the wellhead to our homes and businesses is fraught with challenges, not least of which is the presence of water vapor. Today, let’s explore how natural gas dehydrators have transformed over the years, from their nascent stages to the sophisticated systems we see today.
Badawi Discusses Natural Gas Investment Plans with bp
Egypt Oil & Gas
JULY 22, 2025
This year, bp completed drilling activities from two gas discoveries offshore the Mediterranean; El-King-2 and El Fayoum-5. The two exploration wells will be tied into the company’s existing onshore infrastructure as part of the West Nile Delta (WND) Gas Development project.
TotalEnergies, QatarEnergy Win Exploration License in Algeria
Rigzone
JUNE 20, 2025
France’s TotalEnergies will serve as operator with a 24.5 percent stake during the exploration and appraisal phases. Algeria’s national oil and gas company Sonatrach SpA has the majority stake of 51 percent in accordance with Algerian law. square miles) onshore Algeria. square miles) onshore Algeria.
Inpex Granted Production Concession for UAE Block
Rigzone
JUNE 19, 2025
Brent Crude $78.03 +1.73% Natural Gas $4.04 +1.35% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Inpex Granted Production Concession for UAE Block by Rocky Teodoro | Rigzone Staff | Thursday, June 19, 2025 | 8:56 AM EST The Japanese energy firm has been conducting exploration and evaluation activities in the block since 2018.
Al-Sisi Discusses Energy Security, Exploration Activities with Badawi
Egypt Oil & Gas
JULY 22, 2025
The meeting addressed the state’s efforts to secure citizens’ needs for petroleum products and provide natural gas to various state sectors, especially the electricity sector. Discussions also covered updates on exploration activities and added petroleum reserves.
Mach Natural Resources LP Announces Transformative Acquisitions in the Permian Basin and San Juan Basin
Oil & Gas 360º
JULY 10, 2025
McMullen, commented, “With these two transactions, we grew Mach’s production by 88% and we will continue to look for consolidation opportunities given our conservative balance sheet.” First quarter 2025 average production was approximately 11 Mboe/d, of which 98% was liquids, 2% was natural gas.
CO2 Gets a Raise | Senate Proposes 45Q Boost for EOR
Enverus
JUNE 26, 2025
Based on our research, even under the previous tax structure, EOR was already commercially viable both in terms of production breakeven and when compared to permanent sequestration ( Figure 1 ). Raising the tax credit to $85/tonne lowers production breakeven prices and renders EOR viable across a greater range of oil price scenarios.
Amplify Energy Announces Strategic Update and CEO Transition
Oil & Gas 360º
JULY 22, 2025
Amplify intends to become more oil-weighted, reduce debt, lower operating costs, and streamline the organization. First, Amplify recently engaged TenOaks Energy Advisors to explore market interest for the complete divestiture of Amplify’s assets in East Texas and Oklahoma. About Amplify Energy Amplify Energy Corp.
Who is the Upstream Industry's Most Admired Explorer?
Rigzone
JUNE 30, 2025
by Andreas Exarheas | Rigzone Staff | Monday, June 30, 2025 | 6:54 AM EST Wood Mackenzie reveals who was crowned the 'most admired upstream explorer' in the company's latest Annual Exploration Summit Survey. Congratulations to John Ardill and the entire exploration team,” he continued.
Texas oil and gas jobs increased in May despite market turmoil, new report says
Oil & Gas 360º
JUNE 23, 2025
TIPRO’s new workforce data indicated strong job postings for the Texas oil and natural gas industry, although May data showed a decline in overall unique postings compared to the previous month. The leading three cities by total unique oil and natural gas job postings were Houston (2,064), Midland (546) and Odessa (398), said TIPRO.
Carlyle, Diversified Energy to invest $2 billion in producing U.S. assets
Oil & Gas 360º
JUNE 25, 2025
(World Oil) – Diversified Energy Company PLC, a leading publicly traded natural gas and liquids production company, and global investment firm Carlyle have today announced a strategic partnership to invest in up to $2 billion in existing proved developed producing (PDP) natural gas and oil assets across the U.S.
WHITECAP RESOURCES INC. REPORTS STRONG SECOND QUARTER RESULTS DRIVEN BY OPERATIONAL AND FINANCIAL PERFORMANCE
Oil & Gas 360º
JULY 29, 2025
REPORTS STRONG SECOND QUARTER RESULTS DRIVEN BY OPERATIONAL AND FINANCIAL PERFORMANCE July 29, 2025 News Story – QuoteMedia Market Data Solutions
Is geothermal energy ready to make its mark in the US power mix?
McKinsey
JULY 17, 2025
Another optionâcarbon-capture technology added to natural gas plantsâfaces challenges in becoming cost-competitive. We estimate that levelized production costs for a first-of-a-kind, commercial-scale (more than 50 megawatts) next-generation geothermal facility in the United States could range from $75 to $120 per megawatt-hour.
US DOI Proposes Easing Regulations on Onshore Commingled Production
Rigzone
JULY 9, 2025
“Those savings would give operators the ability to reinvest in new energy production, helping drive domestic energy development while reducing the need for duplicative infrastructure”, the DOI said. billion in industry savings annually under the updated regulations.
EOG Resources $5.6B Bet on the Utica: What It Could Mean for the Wider M&A Market
Enverus
JUNE 10, 2025
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. But as high-quality, undrilled inventory becomes increasingly scarce, even disciplined operators like EOG are being drawn back into the M&A fold.
Production Resumes at Keddington Oilfield
Rigzone
JULY 4, 2025
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. hours of pumping per day and a gross flow rate of 43 barrels daily, the company said.
TotalEnergies Starts Production at Begonia, CLOV Phase III offshore Angola
Rigzone
JULY 24, 2025
Image by Oleksii Liskonih via iStock TotalEnergies SE said Wednesday it has unlocked new production of 60,000 barrels per day (bpd) gross in Angola with the start-up of Begonia and CLOV Phase III. The project consists of five wells tied back to the Pazflor floating production, storage and offloading (FPSO) vessel.
Eni, Sonatrach to Bolster Energy Cooperation
Rigzone
JULY 25, 2025
“Eni and Sonatrach undertake to consolidate cooperation for the enhancement of Algerian energy resources through new contracts aimed at encouraging an increase in gas production, and the extension of gas supply contracts for export to Italy”, Eni said in a statement online. Sonatrach announced four other awards.
Improving Gas Separation Efficiency with Advanced Filter Separators
Pro-Gas Services
JULY 9, 2025
In natural gas processing, the purity of the gas stream isn’t just a preference — it’s a fundamental requirement. Before natural gas can embark on its journey through pipelines and into homes and industries, it must be meticulously stripped of impurities, particularly liquids and solids.
Chevron and Halliburton Enable Intelligent Hydraulic Fracturing
Oil & Gas 360º
JUNE 12, 2025
“We drive innovation in the digital space,” said Shawn Stasiuk, Halliburton’s vice president of Production Enhancement. “We Operations can now react to a localized environment through real-time adaptation rather than performance forecasting.
Exxon vs. Chevron battle sets stage for oil industry’s race for prize assets: Bousso
Oil & Gas 360º
JULY 18, 2025
The ruling by the Paris-based International Chamber of Commerce marks a key win for Chevron CEO Mike Wirth, who targeted the Hess acquisition to grow the company’s production and keep pace with larger rival Exxon’s rapid expansion. But Exxon regained ground in 2010 with its $41 billion acquisition of natural gas producer XTO.
TotalEnergies Farms Into 40 Chevron Exploration Leases offshore US
Rigzone
JUNE 16, 2025
Image by JHVEPhoto via iStock TotalEnergies SE said Monday it has acquired a 25 percent stake in a Gulf of America exploration portfolio operated by Chevron Corp. Image by JHVEPhoto via iStock TotalEnergies SE said Monday it has acquired a 25 percent stake in a Gulf of America exploration portfolio operated by Chevron Corp.
Enverus EVOLVE: Creating the future of energy with AI, intelligence and innovation
Enverus
MAY 28, 2025
The company’s flagship customer conference brought together more than 700 leaders, innovators and decision-makers from across the energy value chain to explore the future of energy through the lens of generative artificial intelligence, market transformation and operational excellence. operating companies.
Prairie Operating Co. Reaffirms $1 Billion Reserve Based Lending Facility with Citibank, N.A. Adds Bank of America, N.A. and West Texas National Bank to Syndicate
Oil & Gas 360º
JUNE 9, 2025
(Oil & Gas 360) – HOUSTON, TX, June 09, 2025 (GLOBE NEWSWIRE) — Prairie Operating Co. About Prairie Operating Co. Prairie Operating Co. is a Houston-based publicly traded independent energy company engaged in the development and acquisition of oil and natural gas resources in the United States.
TotalEnergies to Form LNG Bunkering JV with CMA CGM
Rigzone
JULY 24, 2025
Image by Alexey_Lesik via iStock TotalEnergies SE and CMA CGM Group on Wednesday announced an agreement to form a 50-50 venture to supply liquefied natural gas (LNG) fuel at the Port of Rotterdam, the Netherlands. cubic feet) LNG bunker vessel by 2028. cubic feet) LNG bunker vessel by 2028. As part of the $1.6-billion
Equinor Files Development Plan for Fram South in Norwegian North Sea
Rigzone
JUNE 27, 2025
billion) investment to develop Fram South, which will unlock new gas for Europe, the operator said. It expects the project to start production 2029. Fram West and Fram East started production 2003 and 2006 respectively. The production platform has been electrified since 2024, helping lower emissions.
Equinor Hits New Discovery in Johan Castberg
Rigzone
JUNE 30, 2025
“The licensees will consider tie-in of the discovery to the Johan Castberg field”, said Equinor, which operates Johan Castberg with a 46.3 Johan Castberg is the third field developed in the Norwegian Barents Sea after Snohvit, which started production 2007, and Goliat, which went online 2016. percent stake.
PTTEP Acquires Stake in Gulf of Thailand Asset from Chevron
Rigzone
JULY 30, 2025
The acquisition enhances PTTEP’s gas production volume, petroleum reserves, and increases its investment in the MTJDA from its existing 50 percent participating interest in Block B-17-01, the company said in a news release. First Half Updates In 2025, PTTEP, in partnership with Eni Algeria Exploration B.V.
First-half 2025 natural gas price volatility down in US
Oil & Gas Journal
JULY 25, 2025
Since 2022, natural gas markets have experienced a series of extremes, including both unusually high and low inventory levels, which contributed to elevated price volatility. At the end of first-quarter 2025, US Lower 48 natural gas storage volumes were 4% lower than the 5-year average. 24, 2025.
Badawi Rallies Diplomatic Support to Boost Energy Sector Investment
Egypt Oil & Gas
JULY 23, 2025
The Minister also affirmed that the Ministry’s investment stimulation measures have already restored the confidence of investors and halted the decline in production.
Oil Review Middle East - Untitled Article
Oil Review Middle East
JULY 4, 2025
The WDDM concession is located around 90 km offshore Egypt, in the north-western Nile Delta region of the Mediterranean Sea, and is operated by Shell through its joint venture, Burullus Gas Company. The area includes 17 gas fields at water depths ranging from 300 to 1,200 m.
Woodside assumes operatorship of Bass Strait assets
Oil & Gas Journal
JULY 29, 2025
Alex Procyk July 29, 2025 2 min read 203663209 © Krystsina Kvilis | Dreamstime.com Woodside will be operator of Bass Strait assets in Western Australia after signing an agreement with ExxonMobil Australia. This potential production has been identified from within the existing contingent resource opportunity set, Woodside said.
Australia's Cue Energy Posts Lower Production
Rigzone
JULY 30, 2025
Brent Crude $72.24 -0.37% Natural Gas $3.12 -0.57% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Australia's Cue Energy Posts Lower Production by Jov Onsat | Rigzone Staff | Wednesday, July 30, 2025 | 5:54 AM EST Cue Energy, which produces oil and gas in Australia, Indonesia and New Zealand, reported a quarterly output of 148,300 boe.
Valor | Energy Connection – July 21, 2025
Valor
JULY 21, 2025
Read more US drillers add oil/gas rigs for first time in 12 weeks, Baker Hughes says Summary : For the first time in 12 weeks, the U.S. oil and gas rig count rose, climbing seven to 544 as of July 18, the largest weekly gain since December but still down 7% year-over-year. year low of 422.
Rystad Energy: Global FLNG capacity to more than triple by 2030
Oil & Gas Journal
JULY 29, 2025
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. years (capacity-weighted) for operational onshore plants.
Petrovietnam, JV Partners Sign PSC for Vietnam Block
Rigzone
JUNE 27, 2025
Image by pavalena via iStock Vietnam Oil and Gas Group (Petrovietnam) and its joint venture partners have signed a product sharing contract (PSC) for Block 15-1 on the southern continental shelf of Vietnam. percent, Korea National Oil Corporation (KNOC) holds 11.4 percent, SK Group holds 7.2 percent, and Geopetrol holds 2.6
ConocoPhillips Confirms Slagugle Oil Discovery in Norwegian Sea
Rigzone
JUNE 19, 2025
Image by Ole Arnesen via iStock The Norwegian Offshore Directorate said ConocoPhillips Skandinavia AS, operator of production license 891, had confirmed the Slagugle oil discovery. This is the third exploration well in production license 891, awarded in the Awards in Predefined Areas (APA) in 2016, the Directorate said in its notice.
Zephyr Energy announces result of oversubscribed Bookbuild and Posting of Notice of general Meeting
Oil & Gas 360º
JUNE 25, 2025
The Placing was undertaken on the back of three key recent catalysts for the Company: The Company delivered a highly successful production test on the State 36-2R well. based oil sector investor (the ‘Investor’) to accelerate growth through the drilling activity in Zephyr’s Williston Basin non-operated asset portfolio.
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