Oil and Gas Explorers Focus on Near-Field Plays
OilPrice
APRIL 8, 2025
Increasing financial constraints, a low commodity price environment and a shrinking pool of prospective basins have transformed how oil and gas players explore for new barrels.
Exploration and Production Oil Pipeline 
Exploring the Future of Canadian Oil Sands and Montney Plays
Enverus
APRIL 21, 2025
Insights on WCSB Oil Production Pipeline Expansions, and AECO Hub Gas Pricing The Canadian oil and gas industry is at a pivotal moment, with significant potential on the horizon that could reshape the landscape. Explore the impact of increased oil sands production on the Canadian condensate and AECO gas markets.
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Libya launches first oil exploration bid round in 17 years
Oil & Gas 360º
MARCH 6, 2025
(World Oil) – Libyas oil and gas sector is set for a new era of growth and investment following the announcement of its first exploration bid round in 17 years. This increase in production from existing fields underscores the countrys commitment to stabilizing and expanding its energy supply.
Carlyle, Diversified Energy to invest $2 billion in producing U.S. assets
Oil & Gas 360º
JUNE 25, 2025
Register to attend. (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.
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CO2 Gets a Raise | Senate Proposes 45Q Boost for EOR
Enverus
JUNE 26, 2025
Senate proposed amendments to the One, Big, Beautiful Bill, increasing the 45Q tax credit for CO 2 enhanced oil recovery (EOR) from $60 to $85/tonne, matching the rate for permanent sequestration. Raising the tax credit to $85/tonne lowers production breakeven prices and renders EOR viable across a greater range of oil price scenarios.
Union Jack Oil plc announce resumption of production at Keddington Oilfield
Oilfield Technology
JULY 2, 2025
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?
Chevron expresses interest in more exploration blocks offshore Greece
Oil & Gas 360º
MARCH 26, 2025
(Oil Price) –U.S. supermajor Chevron has expressed interest in oil and gas exploration in two additional offshore blocks south of the Greek island of Crete, Greeces Ministry of Energy and Environment said on Wednesday. The new areas that Chevron looks to explore are next to blocks where the other U.S.
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Harbour Energy plc announce first oil achieved at Maria Phase 2, Norway
Oilfield Technology
JUNE 27, 2025
Production from the first well was delivered safely, on time and to budget. This marks the first of the next wave of subsea developments we are bringing on-stream to support production from our Norway business.” Maria Phase 2 is a four well subsea tie-back to existing infrastructure in Harbour’s operated Maria field.
MOL discovers new oil field in Western Hungary
Oil & Gas 360º
MARCH 18, 2025
(World Oil) –MOL has discovered a new oil field near Somogysmson in Western Hungary. During the exploration drilling carried out in December 2024, oil was found at a depth of 1,250 meters. We will continue our investments and will do our utmost to maintain and, if possible, increase production.
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1776 Energy Operators, LLC – Pipeline Permit Summary
Oil Gas Leads
JULY 2, 2025
mi PA (Pipeline Addition): 4.24 MP Permit merged, commodity changed to NGG Flores Pipeline FLORGONZCOUNTY 009 1.02 PA New pipeline addition Merged Permits into T-4 #08442: T-4 Permit No. mi PA (Pipeline Addition): 4.24 MP Permit merged, commodity changed to NGG Flores Pipeline FLORGONZCOUNTY 009 1.02 09136 – 0.82
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Where Is Natural Gas Found? Global Reserves and Local Sources
True Natural Gas
JULY 7, 2025
Natural gas is one of the world’s most important energy resources—cleaner-burning than coal and oil, and a reliable source of heat, electricity, and industrial power. Let’s explore where natural gas is found, both on a global scale and right here in the U.S. But where does it actually come from?
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ConocoPhillips announces oil find at Slagugle discovery in Norwegian Sea
Oilfield Technology
JUNE 20, 2025
The Slagugle oil discovery was initially proven in 2020, with preliminary estimates suggesting resources in the range of 30.8 - 61.6 million bbl of oil equivalent in Triassic reservoir rocks. It is the third exploration well drilled in production licence 891, which was awarded during the Awards in Predefined Areas (APA) in 2016.
Equinor Files Development Plan for Fram South in Norwegian North Sea
Rigzone
JUNE 27, 2025
The project, a subsea tieback to the existing Troll C platform, holds estimated recoverable volumes of 116 million barrels of oil equivalent. Oil comprises 75 percent and gas 25 percent, according to Equinor. It expects the project to start production 2029. Fram West and Fram East started production 2003 and 2006 respectively.
Colombia oil investments could Hit $4.68 Billion in 2025
Oil & Gas 360º
MAY 30, 2025
(Oil Price) –Crude oil and natural gas investments in Colombia could rise to $4.68 billion in 2024, the countrys oil and gas industry association said, adding that this will not lead to higher production. billion, would be spent on production, with the remainder of $740 million channeled into exploration.
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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.
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Nigeria hires former CEO of Shell unit to lead state oil company
Oil & Gas 360º
APRIL 3, 2025
(World Oil) –Nigerian President Bola Tinubu hired the former head of a unit of Shell Plc to run the state oil company, as Africas biggest crude producer works to boost output and prepare the firm for an initial public offering. and previously led Shell Nigeria Exploration and Production Co.
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Zephyr Energy announces result of oversubscribed Bookbuild and Posting of Notice of general Meeting
Oil & Gas 360º
JUNE 25, 2025
(Oil & Gas 360) – Publisher’s Note: Zephyr Energy will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown , August 17-20, 2025. Register to attend. basins; A US$100 million commitment from a major U.S.-based
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Policy versus geology: new report reveals £165bn choice facing North Sea future
Offshore Energies UK
JUNE 23, 2025
billion barrels of oil and gas could still be produced from UK waters – 3.2 The government’s independent advisers, the Climate Change Committee, say in a scenario where the UK meets all its climate targets on time, UK homes and businesses will still use between 13 and 15 billion barrels of oil and gas.
Johan Sverdrup Phase 3 investment decision
Oilfield Technology
JULY 1, 2025
The project includes new subsea infrastructure that will increase recoverable volumes by 40 – 50 million bbl of oil equivalent. Johan Sverdrup is the largest oil-producing field in Norway and ranks among the world’s most carbon-efficient oil fields. The field is operated by Equinor, with Aker BP holding a 31.6%
AI in Oil and Gas – A Game-Changer for Efficiency and Profitability
Aresco
MARCH 13, 2025
AI in oil and gas is propelling the industry to new heights. The oil and gas industry has always been driven by innovation, and today, artificial intelligence (AI) is pushing the sector into a new era of efficiency, precision, and profitability.
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EnerMech Awarded Decommissioning Contract by ExxonMobil
Rigzone
JUNE 23, 2025
The project utilizes floating production deep draft caisson vessel (DDCV) technology, which has gained the world record for deepwater drilling and production depths, the company said. The DDCV floats vertically and is nearly 150 feet in diameter, incorporating both drilling and production facilities.
Engineering Technician Contact List – CA
Oil Gas Leads
JUNE 21, 2025
An Engineering Technician in the oil and gas industry plays a crucial role in supporting engineers and other professionals in various technical tasks related to the exploration, extraction, and processing of oil and gas. Documentation: Keeping accurate records is essential in the oil and gas industry.
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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, Korea National Oil Corporation (KNOC) holds 11.4
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Vallourec secures OCTG order with ADNOC
Oilfield Technology
JUNE 30, 2025
These services will ensure that ADNOC’s oil and gas fields operate with maximum efficiency. To meet the projects supply and delivery requirements, production will be carried out across Vallourec’s industrial sites in Brazil, China, and Indonesia. Already a member?
Shell completa 61.3% de participación en plataforma Ursa
Oil & Gas Magazine
MAY 6, 2025
Shell aumenta su participacin en la plataforma Ursa del 45.3884% al 61.3484%, dejando a BP Exploration & Production con el 22.6916% y a ECP GOM III con 15.96% Las subsidiarias de Shell: Offshore Inc. La transaccin tambin incluye 11.81% de la participacin en Ursa Oil Pipeline Company LLC, operada por Shell y ser propiedad de SPLC.
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Crescent Energy completes sale of non-operated Permian basin assets
Oil & Gas 360º
APRIL 23, 2025
(World Oil) –Crescent Energy has closed the sale of its non-operated Permian basin assets to a private buyer for $83 million in cash, the company announced Tuesday. The assets are located in Reeves County, Texas and had projected full-year 2025 production of approximately 3 Mboe/d (~35% oil).
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Chevron Starts Seabed Survey for Natural Gas Pipeline Connecting Aphrodite Field to Egypt
Egypt Oil & Gas
APRIL 8, 2025
Chevron started its seabed survey operations in early summer, adhering to the timetable for the construction of a strategic pipeline that will connect the Aphrodite gas field in the Eastern Mediterranean to Egypt, according to a statement by the government of Cyprus.
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Viaro Energy strengthens North Sea portfolio through acquisition of Deltic Energy
Oilfield Technology
JUNE 30, 2025
Viaro also plans to progress the nearby Blackadder exploration prospect, which is geologically analogous to Selene and well-positioned near existing Viaro infrastructure. If successful, Blackadder has the potential to add to near-term production and extend the life of surrounding host facilities.
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IBBC Conference: Iraq Prioritises Gas Investment to Boost Growth
Iraq Business News: Oil & Gas
FEBRUARY 17, 2025
Iraq's Minister of Oil, Hayan Abdul Ghani, highlighted the government's commitment to gas investment as a key driver for economic and industrial development at the Iraq Britain Business Council (IBBC) Baghdad Conference on Monday. Achieving self-sufficiency in diesel and kerosene production. By John Lee.
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MOL Makes New Oil Discovery in the Western Hungry
Egypt Oil & Gas
MARCH 19, 2025
MOL announced discovering a new oil field near Somogysmson in Western Hungary. During the exploration drilling carried out in December 2024, oil was found at a depth of 1,250 meters. As a landlocked country, our oil supply is largely via pipelines and intermediaries.
Naftogaz Wins $1.37B in Arbitration Award against Gazprom
Rigzone
JUNE 25, 2025
The state-owned integrated oil and gas company said it had won the award June 10. “Naftogaz had been the leading player in the natural gas industry in Crimea, active in gas exploration, production, transport, storage, processing, and distribution”, it said. There’s a reason 700K+ energy professionals have subscribed.
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EnerMech secures contract for Dana Petroleum’s Triton FPSO
Oilfield Technology
JULY 3, 2025
The contract covers the provision of Offshore Shutdown Support Services for the Triton floating production, storage and offloading (FPSO) vessel, located approximately 120 miles east of Aberdeen in the North Sea. Please sign in or register for free. Already a member?
Logistics Coordinator Contact List – CA
Oil Gas Leads
JUNE 21, 2025
A logistics coordinator in the oil and gas industry plays a crucial role in ensuring the efficient movement of materials, equipment, and personnel to support exploration, production, and distribution activities. They need to ensure that the right materials are available at the right time and in the right quantities.
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Reusing produced water
Oilfield Technology
JUNE 27, 2025
Every year billions of barrels of Produced Water (PW) are generated from oil and gas production around the world. As fields age, they generate higher water to oil ratios. In some mature fields, 10 barrels of water are generated for every barrel of oil produced. However, it is becoming a problem in some onshore fields.
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Genel Energy issues Trading and Ops Update
Iraq Business News: Oil & Gas
MAY 8, 2025
Paul Weir, Chief Executive of Genel, said: " In line with expectations, the Tawke PSC continues to deliver consistent, reliable production and generate significant cash flow even at the discounted domestic sales prices. Genel Energy has issued a trading and operations update relating to Q1 2025.
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Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant
Oil & Gas 360º
MARCH 10, 2025
(Oil & Gas 360) Publisher’s Note: Whitecap Resources will be presenting at the 30th Anniversary EnerCom Denver-The Energy Investment Conference at the Westin Denver Downtown on August 17-20, 2025. million acres in Alberta.
Investment Opportunities in the Oil and Gas Sector
Nestoil
SEPTEMBER 4, 2024
The oil and gas sector has long been a cornerstone of the global economy, providing energy, raw materials, and substantial economic contributions. For investors, this sector offers diverse opportunities, ranging from upstream exploration to downstream refining and distribution.
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Saturn Oil & Gas Inc. provides Q1/25 capital program update and accelerates debt repayment with US$15 million senior note repurchase and cancellation
Oil & Gas 360º
APRIL 23, 2025
(Oil & Gas 360) Q1/25 capital program realized well outperformance averaging 20% above internal type curves (2) , driving estimated average volumes over 41,600 boe/d (1) Opportunistically retired ~US$15 million of senior notes by allocating ~C$21 million to open market repurchases at prices below par Continued share buybacks with ~3.4
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Improving Gas Separation Efficiency with Advanced Filter Separators
Pro-Gas Services
JULY 9, 2025
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. Reduced Efficiency: Liquids in the gas stream can lead to slugging in pipelines, reducing throughput and increasing pressure drop.
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Derisking MPD operations
Oilfield Technology
JUNE 26, 2025
Now a common practice globally, MPD is advancing novel methods and technologies that will push drilling beyond the conventionally un-drillable — and into the next frontier of subsea exploration. Consequently, MPD traditionally adds additional layers of operational complexity with regard to equipment, processes and workflows.
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1/4 Century: What Was the Oil and Gas Industry Like in the Early 2000s? Part 2
Rextag
DECEMBER 18, 2024
As we wrap up the year in December, were taking a moment to reflect on the early 2000s, when the oil and gas industry was booming with bold ideas and big changes. In the first part of this series, we explored the massive pipeline projects that crisscrossed the U.S., million barrels of oil equivalent per day (boe/d) globally.
New Mexico ‘becoming energy powerhouse,’ surpasses 2 million b/d in 2024
Permian Basin Oil and Gas Magazine
APRIL 4, 2025
2 in oil production in the U.S. Production in the state surpassed 2 million barrels per day in 2024 more than double that of 2019 (about 0.9 Exploration in Eddy and Lea counties in southeastern New Mexico propelled the expansion and bolstered the state treasury in the process. million b/d).
BP Expands U.S. Natural Gas Production Amid Rising Prices and LNG Growth
Oil Gas Leads
MARCH 13, 2025
natural gas production, particularly in the Haynesville Basin, as domestic gas prices surge. CEO Murray Auchincloss, speaking at the CERAWeek conference in Houston, highlighted the companys renewed focus on oil and gas, marking a strategic pivot from its previous emphasis on renewable energy. BP is doubling down on its U.S.
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New Era Helium receives approval for approximately 120 miles of rights-of-way to support midstream business unit and responsibly sourced gas initiatives within the Pecos Slope, Permian Basin
Oil & Gas 360º
APRIL 29, 2025
Oil & Gas 360) –MIDLAND, TexasApril 29, 2025. For example, NEHs current daily production of approximately 4,000 Mcfpd, combined with a 25% loss, results in approximately 30,000 Mcf of monthly vented methane (Ch4) equivalent to the CO emissions produced by approximately 37,905 passenger vehicles per year. Register to attend.
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