Reporting Oil and Gas

NOVEMBER 26, 2023

During the presentation of the 2024 Budget to Parliament, the Finance Minister highlighted the positive impact of the policy, citing a reduction in the exchange rate from GHS17 to a dollar in November 2022 to GHS12 to a dollar in November 2023. Additionally, petrol prices decreased from GHS23 per litre to GHS12 per litre.

Crude Oil 52

Crude Oil Oil Government Exploration and Production 52

Aresco

NOVEMBER 30, 2023

In this blog, well break down what IDCs are, provide real-world examples, explore their tax treatment, and discuss how excess IDCs could affect your tax strategy. These costs encompass various non-physical expenses incurred during the exploration and drilling of oil and gas wells. What are intangible drilling costs?

Exploration and Production 52

Exploration and Production Consulting Oil Professional Services 52

The Energy Law

MARCH 28, 2022

Like traditional exploration and development, CCUS projects require the operator to secure both the necessary private property rights from landowners as well as regulatory approval from the appropriate administrative agency in order to proceed. Carbon capture, utilization, and storage (CCUS) projects involve various legal issues.

Underground Injection Control 98

Underground Injection Control Operator Exploration and Production Oil 98

AWS: Energy (Oil & Gas)

JANUARY 15, 2025

Solar power adoption is experiencing unprecedented growth globally, with a remarkable 346 GW added in 2023, representing a 74% increase from the previous year. Their solution combines advanced weather data and sophisticated algorithms to monitor and optimize solar energy production for small-scale producers.

Exploration and Production 52

Exploration and Production Management Operator IT 52

Permian Basin Oil and Gas Magazine

MARCH 1, 2025

So, the longer the laterals connected to each vertical hole, the more of the formation is exposed to production. Raoul LeBlanc That formula has also led producers to push the boundaries of technology in several facets of production. Three milesabout 15,000 feetbegan trending in about 2023. Whos Drilling What?

Completion 59

Completion IT Oil Basin 59

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. History of oil in Nigeria Oil was first discovered in Nigeria in the mid-1950s after decades of fruitless exploration. How did this happen? Exxon comes next: the U.S.

Oil 52

Oil Royalty Exploration and Production Government 52

True Energy

NOVEMBER 11, 2024

Share on Explore strategies: Discover how integrating DERs, advanced demand response, and AI-driven solutions can transform grid management. Simultaneously, energy companies are embracing a new reality where energy production and consumption are increasingly digitised and diversified.

Utilities 52

Utilities Energy Energy Management 52

Rextag

FEBRUARY 17, 2025

Ford lost $60,000 per EV in 2024, forcing automakers to scale back production. Only 3% of global truck sales in 2023 were electric, far below whats needed for meaningful change. Renewable projects in the region are progressing slowly, and natural gas infrastructure is not expanding fast enough to replace oil in electricity production.

Oil 40

Oil Completion Energy Energy 40

Rextag

FEBRUARY 13, 2025

However, Looneys tenure ended abruptly in September 2023 over undisclosed personal matters. Signed an MOU with the Iraqi government, exploring redevelopment in the Kirkuk oilfields, estimated at around 9 billion barrels of recoverable oil. Auchincloss, Looneys CFO, was initially seen as a continuity candidate.

Oil 40

Oil Gas Exploration and Production IT 40

Oil & Gas 360º

MARCH 10, 2025

Chris Cornelius announces the following changes, effective March 10th, 2025: Dr. Paul Clarke will be promoted internally to the role of Chief Executive Officer and President from his current role of Vice President of Exploration. From April 2016 to January 2023, he was the Vice President of Corporate Development for TAG Oil Ltd.,

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Management Energy Energy Exploration and Appraisal 130

Oil Gas Leads

MARCH 13, 2025

natural gas production, particularly in the Haynesville Basin, as domestic gas prices surge. per million British thermal units (mmBtu), BP sees a lucrative opportunity to increase production. In 2023, BP produced 434,000 barrels of oil equivalent per day (boepd) in its U.S. BP is doubling down on its U.S. million and 2.5

Natural Gas 52

Natural Gas Gas Basin Oil 52

Rextag

FEBRUARY 24, 2025

Over the past two years, 2023 and 2024, production levels have soared, investment strategies have shifted, and new regulatory frameworks have emerged. How will new policies impact production and investment strategies? 2023 Production: ~6.0 2024 Production: 6.3 2023 Production: ~6.0

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Basin Oil Gas Exploration and Production 40

Oil and Gas Investments

NOVEMBER 27, 2024

Production from Latin America represents just a sliver of overall supply. That mine is owned by Mosaic, who will give the mine a small increase in production in 2024 from 350,000 tonnes to 400K. But that is about to change when Brazil Potash’s Autazes mine lifts off into production. Getting to production is the challenge.

Casing 52

Casing Exploration and Production Royalty Transportation 52

Rextag

JANUARY 16, 2025

The Denver-based exploration and production company has engaged a financial adviser to evaluate buyer interest in its Colorado assets. However, the need for additional drilling inventory led the company to invest nearly $7 billion in Permian Basin acquisitions during 2023. billion, providing Midland Basin assets.

Basin 52

Basin Exploration and Production Operator Oil 52

Oil and Gas Investments

SEPTEMBER 17, 2024

With 94% of the resource known to be in mineralized bands, the exploration risk to take this Inferred 5.2 In November 2023, Paes-Braga and other principals at SAF Group led a CA$3.75 GSHR has only drilled 4km of the immediate 8km Moss corridorso LOTS of exploration potential left. Its close to very cheap power ($0.08/KwH)

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Exploration and Production Management Completion IT 52

Valor

MARCH 10, 2025

per barrel and WTI dropping 40 cents to $66.64, marking WTIs seventh consecutive weekly lossthe longest streak since November 2023. Meanwhile, US crude production averaged 13.508 million barrels per day for the week ending February 28, 2025, with WTI trading at $67.17 dry gas production rose 2.1% per barrel (up 1.37%).

Energy 52

Energy Energy Barrel Natural Gas 52

Rextag

JANUARY 6, 2025

ENERGY SECURITY: THE CORNERSTONE OF GLOBAL STABILITY Fact: Global primary energy demand surged to 301 million barrels of oil equivalent per day (mboe/d) in 2023, and projections indicate it will rise to 374 mboe/d by 2050, marking a 24% increase over three decades. Record U.S. Shale Output: U.S. LNG Export Dominance: U.S.

Offshore 40

Offshore Oil Exploration and Production Energy 40

Valor

JANUARY 20, 2025

Global review of 2024 oil and gas discoveries Summary : In 2024, global oil and gas discoveries were reviewed, detailing key findings by region, resource type, operators, and terrain, compared to 2023. The report highlights significant discoveries and trends in the industry, providing insights into exploration activities worldwide.

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Exploration and Production Energy Energy Oil 52