Remove Basin Remove Events Remove Exploration and Production
article thumbnail

Libya launches first oil exploration bid round in 17 years

Oil & Gas 360ยบ

(World Oil) – Libyas oil and gas sector is set for a new era of growth and investment following the announcement of its first exploration bid round in 17 years. This increase in production from existing fields underscores the countrys commitment to stabilizing and expanding its energy supply.

Oil 130
article thumbnail

Where Water Takes Center Stage

Permian Basin Oil and Gas Magazine

With waters role in energy production more critical than ever, organizers of a fast-approaching annual conference on that subject promise that this year’s iteration will be the most impactful yet. We are excited to collaborate with industry leaders and ensure this years conference is transformative for the Permian Basin and beyond.

Basin 59
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

Basin 52
article thumbnail

AI in Oil and Gas โ€“ A Game-Changer for Efficiency and Profitability

Aresco

AI-powered technologies are enabling companies to optimize operations, enhance oil and gas exploration, and prevent costly disruptions. AI-Driven Exploration: Unlocking New Potential Oil and gas exploration has always been a high-stakes endeavor, requiring extensive research, testing, and investment.

Oil 52
article thumbnail

The Meaning of โ€œAndโ€ 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 โ€œandโ€ used in a Delaware Basin oil and gas lease. Communications include firm news, insights, and events. In Tier 1 Resources Partners et al.

Oil 40
article thumbnail

Expand Energy: From Chesapeakeโ€™s Fall to Americaโ€™s Top Natural Gas Producer

Rextag

Before it was Expand Energy, the largest natural gas-weighted exploration and production company in the U.S., gas basins, rising LNG demand and domestic consumption growth is well-aligned to support long-term gas price improvements and sustained company growth. From Bankruptcy to #1! it was Chesapeake Energy. With its recent $7.4

article thumbnail

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

Oil & Gas 360ยบ

” 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. billion 1.

Energy 130