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URTeC 2024 Recap: Insights and Highlights from the Novi Team

Novi

The highlights and links to the papers are here: Enhancing Production Efficiency: The Impact of Precision Targeting in the Midland Basin We highlighted the production and economic effects of the landing zone and the benefits of landing wells in the top half of the Lower Spraberry Shale or high in the Jo Mill.

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Nigeria Oil Industry Overview

Drillers

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.

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The Meaning of “And” Determines Outcome of Oil and Gas Feud

The Energy Law

Delaware Basin Resources LLC , 08-20-00060-CV, the Court of Appeals for the Eighth District of Texas (El Paso) recently held oral argument on the proper construction of the word “and” used in a Delaware Basin oil and gas lease. In Tier 1 Resources Partners et al. described as follows: Section 6. and Section 2.”

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Scout Energy Management Acquires Permian Basin Assets from ConocoPhillips

Oil Gas Leads

The Permian Basin continues to see significant shifts in ownership as oil and gas operators refine their asset portfolios. One such transaction involves Scout Energy Management LLC , which has acquired multiple production facilities from ConocoPhillips in Pecos and Reeves counties, Texas. domestic energy production.

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ConocoPhillips Q4 2024 Earnings Call: Key Updates on the Permian Basin

Oil Gas Leads

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. “We dont see anything different from the acquisition case. power demand.

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BRAZIL POTASH GRO-NYSE THE MOST COMPELLING BUSINESS CASE IN GLOBAL RESOURCES

Oil and Gas Investments

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.

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Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

Oil & Gas 360º

” 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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