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(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
based on gross operatedproduction, well count and rig movements across last year. This year’s Top 100 list reflects a private operator landscape that’s been shaped by the drastic consolidation of operators over the last two years. These include benchmark cost and revenue data sourced from more than 95% of U.S.
(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.
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.
Many utilities, and especially corporate buyers, want, or need, that energy to be clean. 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. Improved well productivity.
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.
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.
The presenting company lineup as of July 14, 2025, includes: Advantage Energy (TSX: AAV) Amplify Energy (NYSE: AMPY) Anschutz Exploration APA Corp. Conference Dates: August 17–20, 2025. EnerCom will host its annual Charity Golf Tournament on Sunday, August 17th at the scenic Arrowhead Golf Club in Littleton, Colorado.
As major North American unconventional plays approach maturity, the industry faces a critical challenge in sustaining production levels and reserve replacement. This blog post is based on the technical paper “Can Transfer Learning Be Used to Forecast Production in Frontier Basins? Download the full paper here.
Today, let’s explore how natural gas dehydrators have transformed over the years, from their nascent stages to the sophisticated systems we see today. They were relatively inexpensive to construct and operate, making them a viable option for smaller-scale operations. These units typically operate in a swing cycle (e.g.,
This critical initial step, gas separation, lays the foundation for efficient and safe downstream operations. 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.
About the authors This article is a collaborative effort by Erikhans Kok , Martin Linder , Sam Linder , and Tom Brinded , with Michael Brock, representing views from McKinseyâs Operations Practice. The findings led company leaders to rethink their capital operating model, particularly the process for approving major project investments.
The collaboration aims to deliver optimised performance through enhanced operational efficiency and consistency in execution by scaling advanced digital solutions. These technologies will work together to improve drilling efficiency, increase equipment utilization and provide real-time data insights for better execution.
Oklo has a DOE site permit for its first reactor at the Idaho National Labs with plans for commercial operation by 2028. uranium mining and production. The company operates three active U.S. The company operates three active U.S. The company is also processing both light and heavy rare earth elements from U.S.
Prime Minister Mostafa Madbouli held a meeting on Friday afternoon to review the government’s plan to secure the country’s needs of oil and natural gas following the Israeli military operation in Iran. Contracting new shipments and easing FSRUs are among these measures.
Including GVA from the manufacture of chemicals and chemical products, the manufacture of basic metals, and the estimated GVA in the cement and lime industry within the other nonmetallic mineral products sector in 2022 for Portugal and Spain. For example, the cement industry relies on the calcination process for cement production.
Skip to main content Productivity at the core: How COOs deliver strategy July 17, 2025 | Article Daniel Swan  Darryl Piasecki  Tony Gambell For the COOâs productivity mandate, the time to act is always. Since the 2008 global financial crisis, global productivity growth has largely declined around the world.
On the other hand, technologies including carbon capture, utilization, and storage (CCUS) , nuclear power , and green hydrogen âall of which have high capital costs, complex infrastructure requirements, and ongoing research and developmentâhave advanced more slowly than anticipated. gigatons, but the actual abatement was already 0.08
oil-and-gas exploration stocks amid the recent tensions. To expand US critical mineral supplies, Chevron will leverage its drilling expertise and utilize advanced direct lithium extraction (DLE) technologies for future production. This addresses a billion-dollar problem, with one operator losing $1.1
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.
Image by Andrii Tokarchuk via iStock EnQuest PLC said it has completed the acquisition of Harbour Energy’s business in Vietnam, which holds a 53.125 percent equity interest in the Chim Sáo and Dua production fields (Block 12W). miles (400 kilometers) southwest of Vung Tau, Vietnam. million barrels of oil equivalent (MMboe) and 4.9
The Dallas Fed went on to state on its site that “oil and gas production decreased slightly in the second quarter, according to executives at exploration and production firms” “The oil production index fell from 5.6 Meanwhile, the natural gas production index also turned negative, declining from 4.8
megawatt (MW) wind farm in East Ayrshire, Scotland, expecting to put the facility into production 2028. The German power and gas utility said it is proceeding as a sole owner, without co-developer Energiekontor UK Ltd. Image by Nicholas J. Klein via iStock Uniper SE has approved the construction of a 46.2-megawatt
Their work involves a combination of exploration, development, and operational support, utilizing advanced geophysical and geological techniques. Purchase Geologists Contact Directory – $25 Buy List Now Key Responsibilities: Conduct geological assessments for exploration, development, and production projects.
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. But don’t kid yourself, this is exploration—it’s risky.
(Oil & Gas 360) –HOUSTON, TX, April 02, 2025 (GLOBE NEWSWIRE) — Prairie Operating Co. The first well was spud on April 1, 2025, utilizing Precision E-Drilling Rig 461, as part of the Companys continued strategy to expand production and enhance operational efficiencies in the Denver-Julesburg (DJ) Basin.
(Oil & Gas 360) Opal Coalbank consists of nine DUC wells on track for production this summer Previously announced drilling of Rusch Pad ahead of schedule Recently announced strategic hedging program in the money by ~$70 million HOUSTON, TX, April 28, 2025 (GLOBE NEWSWIRE) — Prairie Operating Co. per barrel WTI and $4.28
To address these challenges, utilities must adopt a cyber-resilient approach to their grid infrastructure. Cisco, with over 20 years of experience helping utilities digitize operations, has identified four key principles to build a secure and resilient energy grid.
trillion of value by 2035, delivering 20-30% reduction in operating costs and up to 5% decrease in carbon emissions. In this post we explore how this powerful solution delivers both operational excellence and sustainable business outcomes through intelligent energy management.
This product will provide powerful insights to determine the economic feasibility of new projects, optimize hedging strategy, understand impact of broad market changes and policy, and perform valuation for potential investments or divestitures. External datasets incorporated include ISO reports, utility IRPs, EIA datasets and EPA CEMS data.
We are excited to execute on this unique opportunity that is immediately accretive to our per-share metrics and meets our strict criteria for acquisitions high quality acreage with exploration upside, competitive with our current inventory, gained at an attractive price, continued Yacob. About EOG Resources EOG Resources, Inc.
AI-powered technologies are enabling companies to optimize operations, enhance oil and gas exploration, and prevent costly disruptions. From predictive maintenance to real-time data analytics, AI solutions are revolutionizing how oil and gas companies operate, analyze vast amounts of data, and reduce risk across the board.
The deal, valued at $608 million, includes 13,320 net acres, 8,700 net royalty acres and 12,000 Boe/d directly offset Permian Resources core New Mexico operating areas. In addition to new operated inventory, the acquisition increases working interest in over 100 existing Permian Resources operated locations, given the sizable acreage overlap.
(World Oil) – Utilizing scientific and engineering analysis, the Railroad Commission of Texas has issued new guidelines that further strengthen permitting of disposal wells in the Permian basin. Produced water is a byproduct of oil and gas production and is injected into SWDs.
Written by Marc Published November 12, 2024 Written by Marc Published November 12, 2024 Five Ways Utilities Can Boost Grid Reliability Grid reliability is core to customers and utilities alike. Share on Explore strategies: Discover how integrating DERs, advanced demand response, and AI-driven solutions can transform grid management.
Article at a glance Combined utility and energy bill audits identify billing errors and optimize consumption. The audits streamline operations and enhance productivity through better equipment and energy plans. This guide explores how these audits work, their benefits, and why they are vital for cost savings and sustainability.
Discussions also included the Egyptian side’s potential utilization of Germany’s surplus regasification capacities by leasing one of the floating regasification units currently operating in Mukran Port on the German Baltic Sea. They also reviewed the standards and regulations governing the operation of carbon markets.
Written by Marc Published November 25, 2024 Written by Marc Published November 25, 2024 Why Utilities Need to Prepare for V2G Fleets V2G fleets are changing how utilities manage energy demand and grid resilience. Share on Utility benefits of V2G fleet solutions include cost reductions, enhanced grid resilience, and new revenue streams.
The legacy system, owned and operated by a third party, experiences approximately 25% Field Loss and Unaccounted For (FL&U) gas, leading to substantial financial and environmental impacts. is an exploration and production company that sources helium produced in association with the production of natural gas reserves in North America.
Lime Rocks CBP operations are located in the Permian Basin in Andrews County, Texas, and are focused on the development of approximately 17,700 net acres where the majority are similar to Rings existing CBP assets in the Shafter Lake area, and the remaining acreage exposes the Company to new active plays. ABOUT RING ENERGY, INC.
Utilities: Net-tools (packed with 20+ network tools like T-shark and Nmap) and a ThousandEyes agent for monitoring. See product documentation for details on setup and use. Explore the power of CML 2.9 Ready to explore the power of CML 2.9? How does node disk image cloning work? Node disk image cloning in CML 2.9
The RRC utilized its 40 years of well plugging expertise to expend a $25 million Initial Grant from the Infrastructure Investment and Jobs Act (IIJA) passed by Congress. The majority of oil and gas wells that are no longer producing are plugged by the responsible operators.
(World Oil) – GeoPark Limited, an independent oil and gas company with over 20 years of successful operations across Latin America, announces the appointment of Felipe Bayon as its new Chief Executive Officer and a member of the Board of Directors, effective June 1, 2025. in partnership with Oxy a project that grew from 0 to ca.
July 21, 2025 | Article Talent excellence presents a new industrial imperative in today’s production ecosystem, and leaders need a fundamental mindset shift to meet it. When frontline production workers are saying that, companies can rest assured theyâre doing something right. Productivity growth is slowing across the globe.
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