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(World Oil) – Global supply of liquefied natural gas is set to surge the most since 2019 next year, primarily driven by production additions in North America, the International Energy Agency said. expansion this year, the IEA said in its quarterly gas market report. A project in Qatar will also add to the growth.
As the upstream oil and gas sector faces mounting pressure from rising costs and dwindling Tier 1 inventory, the need for smarter, faster and more efficient development strategies has never been greater. ¹ For upstream oil and gas companies, it offers a path to faster decisions, smarter development and more efficient operations.
The first quarter of 2025 has seen a remarkable surge in oil and gas mergers and acquisitions (M&A) within the upstream oil and gas sector, with transactions totaling $17 billion. We recently had a webinar on this very topic!
Join our “No Half Baked Deals” webinar to uncover how top operators are benchmarking undeveloped inventory, recreating reserve value, and navigating today’s high-stakes M&A landscape with precision. EIR) is a subsidiary of Enverus that publishes energy-sector research focused on the oil, natural gas, power and renewable industries.
3D supported Sark well will drill a dip and fault closed large structure of 156 acres area and 40 ft relief Estimated recoverable resources of 1 440 000 bbls of oil gross. 3D supported Sark well will drill a dip and fault closed large structure of 156 acres area and 40 ft relief Estimated recoverable resources of 1 440 000 bbls of oil gross.
Embed Tags Embed article link: (copy the HTML code below): Harbour Energy plc announce first oil achieved at Maria Phase 2, Norway This article has been tagged under the following: Subsea news Oil & gas news Advertisement Advertisement Advertisement Advertisement × Close This content is available to registered readers of our magazine only.
AUSTIN, Texas (July 8, 2025) — As shifting interest rates, commodity volatility, capital constraints and rising consolidation redefine the minerals and royalties market, Enverus invites journalists and industry professionals to attend its “2025 Mid-Year Minerals Market Outlook” webinar at 1:00 p.m. CT on July 15, 2025.
million m3/d of gas, and a storage capacity of 2 million bbls of oil. Beyond its technical impact, the P-78 FPSO project is also a major contributor to the Brazilian oil and gas sector, supporting increased national oil production and generating thousands of local job opportunities. Petrobras).
Woodside Energy) in support of the Trion deepwater oil and gas development offshore Mexico. Under the agreement, Expro will provide industry-leading tubular running services (TRS) and cementing services for what will be Mexico’s first deepwater oil production facility – a major milestone in the region’s energy evolution.
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.
Embed Tags Embed article link: (copy the HTML code below): Johan Sverdrup Phase 3 investment decision This article has been tagged under the following: Subsea news Oil & gas news Advertisement Advertisement Advertisement Advertisement × Close This content is available to registered readers of our magazine only.
The project adds 20 000 boe/d of gross peak annualised average production at the existing Argos platform. Argos, which began production in 2023, is bp’s fifth operated production platform in the Gulf of Mexico with a gross production capacity of up to 140 000 bpd. Please sign in or register for free.
In particular, Viaro will prioritise the development of the Selene discovery – one of the largest gas fields in the UK Southern North Sea in the past decade. Deltic have delivered a 100% success rate with two major gas discoveries from two wells drilled.
Total Austral’s partners in these concessions are Gas y Petroleo de Neuquen (10%) and O&G Developments LTD S.A (45%), The company is currently producing gas and condensates from the operated blocks Aguada Pichana Este and San Roque, with a combined production of around 50 000 boe/d in TotalEnergies share in 2024.
Embed Tags Embed article link: (copy the HTML code below): EnerMech secures contract for Dana Petroleum’s Triton FPSO This article has been tagged under the following: Offshore news Oil & gas news Advertisement Advertisement Advertisement Advertisement × Close This content is available to registered readers of our magazine only.
Perenco recently announced the completion of the tests at the depleted Leman natural gas reservoir in the Southern North Sea using Petrodec’s ERDA rig, the first rig in the UK to have achieved an approved safety case for supporting CCS operations.
Natural gas production from federal onshore lands has also increased in recent years but at a similar rate to overall US natural gas production. Onshore production of natural gas on federal lands grew from 3.2 Total US dry natural gas production also increased, from 33.8 trillion ft 3 in 2020 to 4.2 trillion ft 3 in 2024.
An Independent Expert Report completed by Cawley Gillespie & Associates in June 2024 estimates the primary target to contain a 2C Contingent Resource of 282 million barrels of ANS Crude (oil, condensate & NGLs) and 804 billion ft3 of natural gas. Please sign in or register for free.
These services will ensure that ADNOC’s oil and gas fields operate with maximum efficiency. This agreement also involves an integrated suite of services, such as VAM Field Service and value-added digital solutions designed to optimise installation and maintenance practices. Please sign in or register for free.
To resolve these application challenges, the Oil States MPD Integrated Riser Joint (IRJ) system enables efficient wellbore pressure control and flow management while also improving the safe handling of gas influx.
Department of Transportation, GTI, ZEF Energy and Ozinga Energy say they will emphasize the importance of the Michigan to Montana (M2M) Alternative Fuel Corridor Project during a webinar on Nov. The post Webinar Showcasing Michigan to Montana Alternative Fuel Corridor Project appeared first on NGT News. 10, at 10 a.m.
Its no secret that tariffs and trade uncertainties are creating significant challenges for procurement in the oil and gas world. Enverus recently hosted a webinar to introduce our latest solution, Enverus RFx, designed to streamline and simplify the bidding process for oil and gas operations teams.
Join the CEBN for a webinar May 16 from 1-2 pm ET to learn more about the GGRF and other federal climate investments! The Greenhouse Gas Reduction Fund (GGRF) was established under Section 134 of the Inflation Reduction Act (IRA) in 2022, allocating a total of $27 billion in funding towards the fight against climate change.
Learn more about our view on the M&A market and recent deals from our recent webinar. Watch Full Webinar Enverus Intelligence | Research, Inc. EIR) is a subsidiary of Enverus that publishes energy-sector research focused on the oil, natural gas, power and renewable industries.
7] Acquire gas assets. Rising prices driven by LNG exports and data center demand have pushed some players to turn towards gas, with the value of gas-focused M&A increasing four times in 2024 compared to 2023. Operators can turn to resource expansion opportunities that exist outside of core shale basins.[6]
Durante un webinar de Energy21, Jurez destac que la CNE trabajar en estrecha colaboracin con el Servicio de Administracin Tributaria (SAT), Profeco, ASEA y autoridades de Estados Unidos.
The oil and gas industry has long struggled with clunky interfaces, tedious data prep work, and fragmented datasets. One of the common complaints we have heard about other oil and gas data analytics interfaces is that filtering is too complicated. But we are not stopping there. Expect more enhancements soon. Whats next?
Don’t miss upcoming webinars and events featuring our SMEs —your next learning milestone is just around the corner! Start learning with Cisco U. leveraging tools like progress tracking and the Learning Path playlists that organize the content into easily navigable journeys.
Withstand the harsh conditions vs. remote work For those who develop technology solutions for oil and gas, visiting an oilfield, seeing and feeling the real problems on site is part of the business. No pain no gain, you have to be there. Even on-site start-up with strict protocols and distancing and remote equipment support.
During a webinar in April, the Pennsylvania Department of Environmental Protection (DEP) announced it would use a new state General Air Quality Permit to implement Biden-era federal oil and gas facility methane reduction requirements (see Shapiro DEP Moves Forward with Biden EPA Quad O b/c Regulations).
The webinar series continued on day two with presentations and discussions focusing on environmental impacts in the GOM as a result of offshore wind energy development and how to mitigate such impacts. The panelists stressed the importance of public comment to the RFI, which is due July 26.
The webinar series continued on day two with presentations and discussions focusing on environmental impacts in the GOM as a result of offshore wind energy development and how to mitigate such impacts. The panelists stressed the importance of public comment to the RFI, which is due July 26.
The oil and gas sector is as critical as any other primary industry. Oil and Gas infrastructure must be kept utilised and maintained. We have developed a mixture of webinars, online meetings and a collaborative cloud-based workspace. It provides for our basic human needs at an affordable price.
During a webinar yesterday, the Pennsylvania Department of Environmental Protection (DEP) announced it would use a new state General Air Quality Permit to implement Biden-era federal oil and gas facility methane reduction requirements.
Introduction In the ever-evolving landscape of oil and gas, staying ahead of OFS pricing trends is crucial for maintaining profitability and operational efficiency. In January, we hosted a webinar titled Navigating 2025 OFS Pricing Trends With Simplified Sourcing , which delves into the key trends expected to shape OFS prices in 2025.
A PDF of the report can be downloaded directly from the National Academies, and a webinar that walks viewers through the report’s findings is also available. Most importantly, Hyrum and the rest of the committee hope to make the world a safer place for digital computing, communications and operations.
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