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African national oil companies (NOCs) partnering with independents to drive E&P

Oil & Gas 360ยบ

Boosting production Major oil producers in Africa are striving to boost production and NOC-IOC collaboration is at the forefront. Algerias Sonatrach will increase hydrocarbon production by 2.5% Negotiations are underway with ExxonMobil and Chevron to boost exploration.

E&P 130
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Upstream Production Report: 2022 vs. 2023 vs. 2024 โ€“ 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. MMBBL 193 BCF Analysis: Hilcorp leads in gas production but is less significant in oil output. EQT is notable for its gas-heavy production profile. in 2024.

Basin 59
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Malaysia Awards Two PSCs Offshore Borneo

Rigzone: News

Petronas signed two production sharing contracts for exploration blocks in the waters of Sabah, the last leases awarded by Malaysia's national oil and gas company under the 2024 bid round.

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Gastech Days I & II: Energy transformation through innovation

Oilholics Synonymous Report

The first two days of Gastech 2024 have flown by with talking points aplenty and a who's-who of the energy industry in Houston at the city's George R. The state of Texas is the US' top crude oil and natural gas producing state. As Q4 2024 approaches, the US remains world's largest LNG exporter and its largest crude oil producer.

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Oil and Gas Maintain Production Levels; LNG Pause and Regulatory Threats Loom

Energy Central

While 2024’s first quarter showed steady oil and gas activity, political and regulatory hurdles – most notably the administration’s recent pause on U.S. liquified natural gas (LNG) exports exports – have created widespread worry amongst exploration and production (E&P) firms.

E&P 45
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ADIPEC Days I & II: All about 'Energy^AI'

Oilholics Synonymous Report

The first two days of ADIPEC 2024 in Abu Dhabi have whizzed by with one theme dominating proceedings - the deployment of AI as a service. Most were united in their belief that oil and gas will continue to play a role as part of a wider energy mix for decades.

Energy 130
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Vitesse Energy completes $222 million acquisition of Lucero Energy

Oil & Gas 360ยบ

Mboe per day of two-stream net production during the third quarter of 2024. Transaction details Pursuant to the arrangement agreement between Vitesse and Lucero, dated December 15, 2024, at the closing of the arrangement each common share of Lucero has the right to receive 0.01239 of a share of Vitesse common stock.