Operating Interest Related Topics 
OilPrice
MAY 19, 2025
Per a Reuters report citing the lawsuit, the alleged fraud concerned oil wells in North Dakota, in which Continental Resources holds non-operating interests. The net revenues that the company received from those wells was much lower than their market value because of those inflated midstream prices that
Offshore Engineer
MAY 2, 2025
Equinor Brasil Energia, a subsidiary of Equinor, has entered into agreements with Brazilian company Prio Tigris, a subsidiary of PRIO, for the sale of its 60% operated interest in the Peregrino field
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Offshore Engineer
MAY 29, 2025
TotalEnergies has signed an agreement with Shell for the sale of its non-operated interest in the Bonga field, offshore Nigeria, for $510 million.TotalEnergies,
Oilfield Technology
MARCH 31, 2025
DNO ASA, the Norwegian oil and gas operator, today announced an important oil and gas discovery in Northern North Sea license PL1182 S in which the Company holds a 40% operated interest.
Iraq Business News: Oil & Gas
FEBRUARY 6, 2025
Ownership & Strategy DNO: 75% operator interest. Genel Energy International: 25% interest. Ownership Structure DNO: 64% operated interest (80% paying interest). Turkish Energy Company (TEC): 16% interest (20% paying interest). KRG: 20% carried interest.
Egypt Oil & Gas
MARCH 13, 2025
Under the terms of the agreement, OQEP will hold a 60% operating interest in Block 54, while Genel Energy will retain the remaining 40% as a non-operating partner. Genel stated that it will provide a partial carry of OQEPs 60% participating interest during the Initial Phase.
The Energy Law
MARCH 2, 2009
(“Smith”) was the operator of the Bloomberg oil and gas lease, whose operations were governed by two JOAs. As required by the JOAs, Smith provided written notice to the Non-Operating Interest Owners of its proposal to drill four additional wells on the lease.
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