Rigzone

JULY 28, 2025

million in its quarterly oil and gas lease sale, the Department of the Interior (DOI) has said. “This lease sale is the first conducted under the One Big Beautiful Bill Act, which reset the royalty rate for new federal onshore oil and gas production to a minimum of 12.5 Rounding up the winners are Broughton Petroleum Inc.

Royalty

Oil & Gas 360º

JUNE 3, 2025

(Oil & Gas 360) –MIDLAND, Texas, June 03, 2025 (GLOBE NEWSWIRE) — Viper Energy, Inc. NASDAQ:FANG) (Diamondback), and Sitio Royalties Corp. Pro forma Viper is now clearly a must-own public mineral and royalty company in North America, with attractive size and scale in the Permian Basin. About Sitio Royalties Corp.

Royalty

BOE Report

MAY 21, 2025

Bakersfield, CA, May 21, 2025 (GLOBE NEWSWIRE) — Trio Petroleum Corp (NYSE American: TPET) (Trio or the Company), a California-based oil and gas company, today is pleased to announce that it has closed on the balance of certain petroleum and natural gas properties held by Novacor Exploration Ltd.

Oil

BOE Report

APRIL 10, 2025

Bakersfield, CA, April 10, 2025 (GLOBE NEWSWIRE) — Trio Petroleum Corp (NYSE American: TPET) (Trio or the Company), a California-based oil and gas company, today is pleased to announce that it has closed on certain petroleum and natural gas properties held by Novacor Exploration Ltd.

Oil

Oil & Gas 360º

MAY 12, 2025

(TSXV: CCEC) (FSE: 4JH) ( CanCambria or the Company ) is pleased to announce the results of the Companys independent resource evaluation for the Kiskunhalas tight-gas project in southern Hungary dated April 30th, 2025, prepared by Chapman Hydrogen and Petroleum Engineering ltd (CHPE). billion cubic feet (BCF) natural gas and 66.5

Gas

The Energy Law

FEBRUARY 19, 2008

Phillips Petroleum Co. , 15, 2008), the Texas Supreme Court again addressed the propriety of class actions for gas royalty claims. The class affirmed the denial of two subclasses, but reversed the denial of a third subclass of royalty claimaints. In Bowden v. 03-0824 (Feb.

Royalty

Valor

JUNE 12, 2025

Regulatory Revisions : Provisions reduce the administrative review period for environmental assessments related to oil and gas activity, in alignment with NEPA (National Environmental Policy Act) reforms.

Gas

Oil & Gas 360º

MAY 15, 2025

The term Oil and natural gas sales, net of blending is calculated by deducting purchased product and blending costs from oil and natural gas sales and sales of purchased product. McDaniel & Associates Consultants Ltd., Boe may be misleading, particularly if used in isolation.

BBL

Iraq Business News: Oil & Gas

APRIL 2, 2025

Gulf Keystone Petroleum (GKP) has published details of its payments to governments for the year 2024: Introduction This report sets out details of the payments made to governments by Gulf Keystone Petroleum Ltd and its subsidiary undertakings ('Gulf Keystone') for the year ended 31 December 2024 as required under Disclosure and Transparency Rule 4.3A

Royalty

Oil & Gas 360º

MARCH 10, 2025

The combined company becomes the largest Canadian light oil focused producer and the seventh largest producer in the Western Canadian Sedimentary Basin, with significant natural gas growth potential. times net debt/funds flow, which is expected to continue to further strengthen to 0.8

Exploration and Production

Drillers

MARCH 24, 2020

Recently, the Nigerian government demanded more than $60 billion in back royalties under a production sharing agreement with the supermajors operating in the country. That was formed in 1977 under the name National Nigeria Petroleum Company. The rate of royalty will rise in tune with oil prices. How did this happen?

Oil

Permian Basin Oil and Gas Magazine

APRIL 1, 2025

House Bill 137 , tracked by the Permian Basin Petroleum Association (PBPA) as detailed below, establishes the Strategic Water Supply Program. percent and the natural gas severance tax rate from 4 percent to 3.9 23 Oil & Gas Royalty Rate Changes (Sen. 548 in the omnibus tax effort, Robertson reported.

Royalty

Enverus

MARCH 20, 2025

“For each dollar that WTI fluctuates, Albertas royalty revenues vary by approximately $750 million. ” – Al Salazar, Director of Macro Oil & Gas Research, EIR Producers in Alberta will similarly grapple with reduced capital spending commitments, forcing them to reevaluate their financial and operational strategies.

Barrel