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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. in 2023 compared to 2022 but recovered slightly by 0.4% in 2023 compared to 2022 but recovered slightly by 0.4% in 2023 , then increasing by 1.3% in 2023 , before rising by 0.7%

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Strategies for Operators to Stay Ahead in a Hot M&A Market

Enverus

upstream M&A reaching $105 billion in 2024the third highest as recorded by Enverusthe market shows no signs of slowing down, with high price tag deals being driven by the scarcity of high-quality inventory. Diamondback is one of the largest players in the Permian Basin, second only to Exxon Mobil, based on gross operated oil volumes. [1]

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EnerCom announces initial list of presenting companies for the 30th annual Energy Investment Conference to be held August 17–20, 2025 in Denver, Colorado 

Oil & Gas 360º

Presentation opportunities are available for E&P, Midstream, OFS, Minerals, and Energy Transition companies Sponsorship opportunities are available for companies seeking to increase their marketplace awareness DENVER March 4, 2025 EnerCom, Inc. In addition, the conference live webcast reaches a global audience of virtual attendees.

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EnerCom announces initial list of presenting companies for the 30th annual Energy Investment Conference to be held August 17–20, 2025 in Denver, Colorado 

Oil & Gas 360º

Presentation opportunities are available for E&P, Midstream, OFS, Minerals, and Energy Transition companies Sponsorship opportunities are available for companies seeking to increase their marketplace awareness DENVER March 4, 2025 EnerCom, Inc. In addition, the conference live webcast reaches a global audience of virtual attendees.

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When It Comes to Pilot Errors: State Statutes Preempt General Maritime Law

The Energy Law

On December 4, 2023, in Marquette Transportation Co. On January 3, 2019, the M/V STRANDJA and the M/V KIEFFER E. With a compulsory pilot aboard, the STRANDJA, facing upstream, was preparing to get underway by heaving her anchors. The KIEFFER E. The KIEFFER E. Gulf-Inland, LLC v. BAILEY via radio and sound signals.

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Texas Supreme Court Holds that Add-Back Provision in Oil and Gas Lease Required Royalties to be Paid on Prices in Excess of the Producers’ Gross Proceeds

The Energy Law

20-0904, 2023 WL 2438927 (Tex. 2023), in which it held that lessees owed royalties in excess of their gross proceeds, specifically “adding back” costs incurred by third-party buyers that were enumerated in the sales contract and subtracted from the sales price. Sheppard , — S.W.3d This became a point of contention with the lessors.

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