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Who is the Upstream Industry's Most Admired Explorer?

Rigzone

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. At the time of writing, none of the above have responded to Rigzone.

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Galp Expects New Field to Boost Its Production in Brazil by 40%

OilPrice

Portugal-based energy company Galp expects its oil production in Brazil to jump by 40% in the coming years as a new major field is set to begin production later in 2025, Nuno Bastos, EVP Upstream, has said. Currently, Galp holds stakes in various oilfields in the deep waters of the Santos basin in the prolific pre-salt layer offshore Brazil.

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Nigeria’s GEIL exports first crude from new onshore terminal

Oil & Gas 360º

In June 2025, the company lifted its first crude cargo from the newly-constructed facility—the first indigenous onshore terminal constructed in the country in five decades—signaling the start of operations at the terminal. For Nigeria’s marginal fields, the terminal opens new doors for greater operational efficiency.

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Derisking MPD operations

Oilfield Technology

Managed pressure drilling (MPD) progressed deepwater operations by delivering a critical safety advantage for drilling the world’s most complex and challenging wells. Operational complexity MPD is an adaptive and advanced drilling solution that has made historically challenging wells feasible.

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Salunda expands Latch Hawk rollout with new offshore deployment

Oilfield Technology

The installation, completed earlier this year, forms part of Salunda’s growing activity in the Americas deepwater market – where its patented latch monitoring technologies have become a preferred solution for hazardous area monitoring among major operators in the area.

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Upstream Production Report: 2022 vs. 2023 vs. 2024 – Main Basins, Operators, Oil vs. Gas

Rextag

This report analyzes upstream oil and gas production trends over the last three years, based on data from Rextag Energy DataLink. The Trend Area and Wolfcamp formations dominate, while Pioneer, OXY, and EOG lead among operators. MMBBL 193 BCF Analysis: Hilcorp leads in gas production but is less significant in oil output.

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bp discovers oil at Far South prospect, deepwater U.S. Gulf

Oil & Gas 360º

The Far South co-owners are bp (operator, 57.5%) and Chevron U.S.A. This discovery in the deepwater Gulf of America/Gulf of Mexico underscores how bp is in action to step up investment in exploration and strengthen its upstream portfolio under the strategy reset announced in February 2025. onshore and offshore regions by 2030.

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