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Libya launches first oil exploration bid round in 17 years

Oil & Gas 360ยบ

The bid round is expected to attract foreign investors and drive exploration activities across Libyas resource-rich basins, enabling global energy companies to engage in a market that has remained largely unexplored for nearly two decades.

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Where Water Takes Center Stage

Permian Basin Oil and Gas Magazine

The University of Texas Permian Basin’s annual Permian Basin Water in Energy Conference (PBWIEC) will convene March 46, 2025, offering opportunities for innovation, collaboration, and industry recognition. Conferees converse between sessions of the 2024 Permian Basin Water in Energy Conference.

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Tropical Cyclone Attribution

Energy Central

Tropical cyclones (hurricanes in the Atlantic and Northeast Pacific basins and typhoons in the Pacific and Indian Ocean basins) are weather events which involve wind, rain, thunderstorms and storm surge and can trigger tornadoes. Originally posted here.

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Permian Basin Gas Production Pushes Limits โ€“ Infrastructure Expansion Needed

Rextag

The rapid growth of natural gas production in the Permian Basin is pushing existing infrastructure to its limits, and additional pipeline projects are on the horizon to meet rising demand, according to East Daley Analytics. Despite ongoing price volatilitymarked by repeated declinesdemand for expanded energy markets continues to surge.

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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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Diversified Energy, FuelCell Energy, and TESIAC collaborate to form an acquisition and development company to leverage coal mine methane and natural gas for off-grid data center power projects

Oil & Gas 360ยบ

The collaborationamongthe three companies would leverage in-basin natural gas production, advanced energy generation via fuel cell technology, and infrastructure financing to create a highly efficient, scalable, and sustainable energy solution tailored for the rapid expansion of data center power capacity requirements.

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Winter Storm Uri and Force Majeure: The Legal Battles Continue

Producer's Edge

In this case, the Fifth Circuit analyzed a customized NAESB in the context of a dispute as to whether a force majeure clause applied to excuse a producer’s failure to supply gas in the aftermath of Winter Storm Uri, whether it obligated the producer to procure spot market gas when their own production was disrupted by the force majeure event.

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