Rextag

DECEMBER 23, 2024

As the year draws to a close and the festive season surrounds us with cozy blankets, steaming mugs of cocoa, and the sparkle of holiday lights, its the perfect time to pause, reflect, and unwrap the biggest highlights of 2024. Production increased by 460,000 boe/d, making Chevron a major player in international energy markets.

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Rextag

FEBRUARY 13, 2025

Financial Performance: 4Q and Full-Year 2024 Results BPs latest financial disclosures offer a revealing snapshot of its current challengesand opportunities: Underlying Replacement Cost Profit 4Q 2024 : $1.17 billion 3Q 2024 : $2.27 billion 3Q 2024 : $2.27 Cash Flow from Operations 4Q 2024 : $7.43

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Oil Gas Exploration and Production IT 40

Oil Review Middle East

MARCH 11, 2025

Hunting sees the Middle East as a key area of growth, given the tender activity across the region, according to its 2024 Results statement. It also lowers the water cut during end-of-life production, lowers hydrogen sulphide levels in production offtake and extends the life and increases the economic returns of a producing field.

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Exploration and Production Field Oil Operator 45

Iraq Business News: Oil & Gas

FEBRUARY 25, 2025

The agreement, signed in Baghdad on Tuesday under the patronage of Prime Minister Mohammed Shia Al-Sudani, encompasses oil, gas, power and water development, with potential for future exploration investment. BP subsequently expects to form a standalone incorporated joint venture to hold its interests in the operator.

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Oil Review Middle East

MARCH 10, 2025

Rystad forecasts QatarEnergy will invest between US$14-15bn per year over the next few years as it continues to invest heavily in the North Field gas field and expanding LNG capacity, while ADNOCs expenditure, which reached US$5.7bn last year, is forecast to increase given its target of 5mn bpd production capacity by 2027.

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Producer's Edge

DECEMBER 30, 2024

Saltwater disposal wells rarely fail, but when they do, a complex web of legal issues can arise, such as potential regulatory matters, and potential claims for surface or subsurface damages, among other related operational concerns. Operating LLC , No. 03-22-00063-CV, 2024 WL 847222 (Tex.App—Austin Feb. 29, 2024, no pet.),

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Disposal Well Operator Casing Mechanic 52

True Energy

NOVEMBER 11, 2024

Written by Marc Published November 12, 2024 Written by Marc Published November 12, 2024 Five Ways Utilities Can Boost Grid Reliability Grid reliability is core to customers and utilities alike. Share on Explore strategies: Discover how integrating DERs, advanced demand response, and AI-driven solutions can transform grid management.

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Utilities Energy Energy Management 52

Rextag

NOVEMBER 11, 2024

Before it was Expand Energy, the largest natural gas-weighted exploration and production company in the U.S., Billion Merger The Road to Expansion On October 1, 2024, Chesapeake Energy officially closed a $7.4 From Bankruptcy to #1! it was Chesapeake Energy. With its recent $7.4 Chesapeake and Southwesterns $7.4 and globally.

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Natural Gas Gas Energy Energy 40

True Energy

NOVEMBER 24, 2024

Written by Marc Published November 25, 2024 Written by Marc Published November 25, 2024 Why Utilities Need to Prepare for V2G Fleets V2G fleets are changing how utilities manage energy demand and grid resilience. Allows for better integration of renewable energy sources by storing excess production.

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Utilities Energy Energy Exploration and Production 52

Producer's Edge

NOVEMBER 1, 2024

Introduction On September 1, 2024, Texas unveiled a significant change to its legal landscape: the opening of the new Texas Business Courts, which, for now, is comprised of five separate divisions. These five divisions are fully operational beginning September 1, 2024.

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Oil & Gas 360º

MARCH 10, 2025

Paul Clarke will be promoted internally to the role of Chief Executive Officer and President from his current role of Vice President of Exploration. Mr. Piet Van Assche will be promoted internally to Chief Operating Officer while maintaining his current role as Managing Director of Hungary.

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Oil & Gas 360º

MARCH 10, 2025

.” Strategic Rationale Solidified Position Within the Large-Cap Universe: The combined company will have an enterprise value of $15 billion 1 and 370,000 boe/d 2 (63% liquids) of corporate production with significant overlap across both unconventional and conventional assets. million acres in Alberta.

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Energy Energy Exploration and Production Crude Oil 130

Oil Gas Leads

MARCH 7, 2025

ConocoPhillips provided significant insights into its Permian Basin operations during its Q4 2024 earnings call, highlighting efficiency improvements, capital discipline, non-core asset sales, and potential growth opportunities tied to increasing U.S. power demand. “At flat activity, we can grow the Lower 48 business.

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Basin Oil Exploration and Production Operator 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 MMBbl/d , a 0.3

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Rextag

JANUARY 16, 2025

The Denver-based exploration and production company has engaged a financial adviser to evaluate buyer interest in its Colorado assets. A MOVE TOWARD THE PERMIAN BASIN Proceeds from a potential D-J Basin sale could be directed toward acquiring Double Eagle IV, a leading private operator in the Permian Basins Midland sub-basin.

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Basin Exploration and Production Operator Oil 52

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. Which is a BIG advantage!

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Rextag

JANUARY 6, 2025

As we step into 2025, reflecting on the turbulent, transformative energy landscape of 2024 is essential. Energy security was the recurring theme in 2024, dominating discussions in boardrooms, elections, and global summits. Renewables made impressive strides in 2024, but the journey had obstacles. Record U.S. Shale Output: U.S.

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Valor

MARCH 10, 2025

Pennsylvania is considering leaving the PJM regional grid to expedite projects, while states like Indiana, Michigan, and Louisiana explore nuclear energy, and Missouri and Kansas compete to attract investments in natural gas plants. per MMBtu, are driving producers to increase output after months of curtailments in 2024.

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Energy Energy Barrel Natural Gas 52

Enverus

FEBRUARY 18, 2025

Introduction In the ever-evolving landscape of oil and gas, staying ahead of OFS pricing trends is crucial for maintaining profitability and operational efficiency. These tariffs, which impose a 25% duty on imported steel, have historically driven up costs for OCTG, a critical component in drilling operations.

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Valor

FEBRUARY 11, 2025

Read more ConocoPhillips Q4 earnings surpass expectations, driven by the Permian Summary : ConocoPhillips reported fourth-quarter 2024 adjusted earnings per share of $1.98, surpassing analysts’ expectations of $1.89, though down from $2.40 the previous year. The company’s revenue for the quarter was $14.74 shale producers.

Energy 52

Energy Energy Oil Exploration and Production 52

Aresco

NOVEMBER 7, 2024

As the transition period unfolds, industry leaders are preparing for a pro-energy administration that prioritizes domestic production, balanced regulation, and strategic infrastructure investments. crude oil production became number one in the world , surpassing Saudi Arabia and Russia. In 2018, U.S. In 2018, U.S.

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Oil Gas Exploration and Production Crude Oil 52

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. This analysis offers a comprehensive overview of the state of global oil and gas exploration and production as of 2024.

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