Remove Basin Remove E&P Remove Field
article thumbnail

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

Oil & Gas 360ยบ

In collaboration with the NOC, TotalEnergies has achieved a 20% increase in production at the Waha field; Repsol plans to drill nine new prospects in 2025; while Eni is planning four exploration wells in 2025. Unlocking new E&P markets A slate of discoveries in recent years have opened up new oil and gas plays across the continent.

E&P 130
article thumbnail

Upstream Midstream Downstream โ€“ What is the Difference?

Aresco

Upstream: Activities: Upstream refers to the exploration and production (E&P) phase of the oil and gas industry. Assets: Upstream assets include oil and gas fields (land and mineral rights), drilling rigs, production platforms, and wells. It also includes the distribution and sale of these products to consumers.

article thumbnail

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

Oil & Gas 360ยบ

Our combined company will include exceptional technical and support personnel from the two companies in both the office and field and an experienced Board of Directors that prioritizes sustainable and profitable growth to generate strong returns for our combined shareholders. .”

Energy 130