Iraq Business News: Oil & Gas

FEBRUARY 17, 2025

Iraq's Minister of Oil, Hayan Abdul Ghani, highlighted the government's commitment to gas investment as a key driver for economic and industrial development at the Iraq Britain Business Council (IBBC) Baghdad Conference on Monday. Achieving self-sufficiency in diesel and kerosene production. By John Lee.

Gas 52

Gas Exploration and Production Oil Pipeline 52

The Energy Law

JANUARY 26, 2016

The sharp decline in oil prices over the past year and a half has had a significant impact on operators and mineral lessees in Louisiana and in other oil-producing states. Mineral lessees may be particularly concerned with whether recent production levels have maintained their leases beyond their primary terms.

Oil 40

Oil Exploration and Production Gas Operator 40

Egypt Oil & Gas

MARCH 8, 2025

Agiba Petroleum, together with its shareholders, has successfully completed the fast-track development of the Iris Field, a major hydrocarbon asset in the Egyptian Western Desert. The discovery made in the Masajid Formation, a Late Cretaceous carbonate reservoir, marks a significant milestone in Agibas near-field exploration strategy.

Field 52

Field Infill Drilling Exploration and Production Petroleum 52

Rextag

JANUARY 29, 2025

Maverick Natural Resources has operations in Texas and Oklahoma Diversified Energy (DEC) has agreed to acquire Maverick Natural Resources, a private-equity-backed oil and gas producer, in a deal valued at approximately $1.3 Upon completion, the merged entity will hold an enterprise value of roughly $3.8 billion, including debt.

Energy 40

Energy Energy Basin Oil 40

Aresco

OCTOBER 25, 2023

Upstream Midstream Downstream are terms commonly used in the oil and gas industry to describe different stages of the production and distribution process. Each sector has distinct activities and focuses on specific aspects of the overall oil and gas supply chain. What is oil and gas upstream midstream downstream?

Downstream 52

Downstream Midstream Upstream Crude Oil 52

Oilholics Synonymous Report

SEPTEMBER 18, 2024

The state of Texas is the US' top crude oil and natural gas producing state. As Q4 2024 approaches, the US remains world's largest LNG exporter and its largest crude oil producer. All at a time when oil prices are currently lurking around 2021 lows. That's all for now folks. So k eep reading, keep it here, keep it 'crude'!

Natural Gas 130

Natural Gas Energy Energy Gas 130

Novi

JULY 30, 2024

As an operator decides between 440, 660, or 880 foot spacing, what are the production impacts in each scenario? What about varying completions alongside spacing? In this series, we will explore the reasons behind these limitations, and the corrective solutions implemented by Novi algorithms.

Basin 52

Basin Exploration and Production Oil Completion 52

Oil Review Middle East

MARCH 11, 2025

Huntings recent announcement of the acquisition of the Organic Oil Recovery (OOR) enhanced oil recovery technology from its founding shareholders, for US$17.5mn, also has the potential to boost this expansion, as it will allow the company to accelerate commercialisation across North America and the rest of the world.

Exploration and Production 45

Exploration and Production Field Oil Operator 45

Novi

OCTOBER 10, 2024

Since then, weve built the industrys highest-quality database, incorporating cutting-edge AI to enhance your understanding of spacing, landing zones , and future production with unprecedented precision. The oil and gas industry has long struggled with clunky interfaces, tedious data prep work, and fragmented datasets.

Engineer 52

Engineer Engineering Exploration and Production API 52

Permian Basin Oil and Gas Magazine

MARCH 1, 2025

So, the longer the laterals connected to each vertical hole, the more of the formation is exposed to production. Raoul LeBlanc That formula has also led producers to push the boundaries of technology in several facets of production. They also must increase the length and power of their tools to help make the oil flow.

Completion 59

Completion IT Oil Basin 59

Novi

OCTOBER 22, 2024

In part 2 , we created a data-driven model using 11,176 wells from the Delaware Basin and features representing geology, completion intensity, spacing, and timing. We observed that the model does identify an increased production trend with wider spacing, but by a magnitude of less than 10% when taking a well from a 440ft spacing to unbounded.

Exploration and Production 52

Exploration and Production Basin Completion Oil 52

Novi

JULY 19, 2024

This years Unconventional Resources Technology Conference (URTeC) was a whirlwind for the Novi team, filled with insightful talks, technical discussions, and exciting new developments in the oil and gas industry. We also explored the possibility of unsupervised clustering of machine learning-derived rock quality as a way of binning curves.

Basin 52

Basin Exploration and Production Operator Oil 52

The Energy Law

APRIL 4, 2019

Environmental Protection Agency (EPA) announced it had finalized a voluntary disclosure program for new owners of upstream oil and natural gas exploration and production facilities. EPA has said that this new program for upstream oil and gas facilities “is separate from” and “does not change” those preexisting audit policies.

Upstream 40

Upstream Natural Gas Oil Gas 40

The Energy Law

AUGUST 10, 2017

In these transactions, the Drilling Party pays for or “carries” all or a substantial portion of the Lease Party’s share of the costs of drilling and completing one or more wells on the leases (“Earning Wells”). Lease Parties generally are interested in maximizing the number of wells drilled on their oil and gas properties.

Hydraulic Fracturing 52

Hydraulic Fracturing Completion Exploration and Production Spud-in 52

The Energy Law

JUNE 12, 2017

On June 2, 2017 the Louisiana Second Circuit Court of Appeal affirmed a trial court’s judgment cancelling a mineral lease under Mineral Code article 140 and provided further clarity on a production in paying quantities analysis under Louisiana Mineral Code article 124. [1] Tauren Exploration, Inc. Tauren Exploration, Inc.

Royalty 40

Royalty E&P Exploration and Production Operator 40

The Energy Law

SEPTEMBER 21, 2015

Chesapeake Exploration Limited Partnership , XOG sought an interpretation of the retained acreage clause contained in an assignment to Chesapeake of XOG’s lease interests in four oil and gas leases collectively covering 1,625 acres. In XOG Operating, LLC v.

Field 52

Field Exploration and Production Completion Gas 52

AWS: Energy (Oil & Gas)

JANUARY 15, 2025

Their solution combines advanced weather data and sophisticated algorithms to monitor and optimize solar energy production for small-scale producers. In this post, we explore how BDPV used AWS services to build a scalable, reliable, and cost-effective monitoring architecture. Production performance tracking Figure 3.

Exploration and Production 52

Exploration and Production Management Operator IT 52

AWS: Energy (Oil & Gas)

JANUARY 6, 2025

Introduction Today, oil and gas operators are challenging their workforce to find more value from legacy data. Seismic data is crucial for exploration and production activities in the oil and gas sector, because it provides valuable insights into the subsurface geological structures and potential hydrocarbon reservoirs.

Management 52

Management Exploration and Production API Oil 52

The Energy Law

SEPTEMBER 16, 2014

requiring the oil and gas company to pay $3 million in civil penalties and to spend approximately $13 million to restore 15 sites in West Virginia that had been developed without dredge and fill permits. Utility lines” are defined broadly enough to include oil and gas gathering lines. Trans Energy, Inc. , 14-117 (N.D.W.Va.),

E&P 40

E&P Energy Energy Utilities 40

The Energy Law

NOVEMBER 7, 2014

Recently, when there was talk about Houston-based ATP Oil and Gas’ (ATP) legal problems, it was inevitably about its bankruptcy and its effort to bring the overriding royalty interests it had conveyed back into the bankrupt estate as debt instruments.

Offshore 40

Offshore Exploration and Production Oil Government 40

The Energy Law

JULY 20, 2018

Gulf Oil Corp. , [1] for determining whether a contract to perform services related to oil & gas exploration on navigable waters is maritime, the Fifth Circuit took up In re Larry Doiron, Incorporated [2] earlier this year in an effort to streamline the test and bring clarity to an area of the law mired in uncertainty.

E&P 40

E&P IT Exploration and Production Spud-in 40

The Energy Law

OCTOBER 15, 2020

A prior lessee could be held liable for decommissioning a hurricane-toppled platform years after its exit and completion of all lease decommissioning obligations. This proposed regulation emphasizes the need for prior lessees to obtain adequate security from RUE holders if a facility is to remain in use following lease termination.

Pipeline 40

Pipeline Exploration and Production Operator E&A 40

The Energy Law

JUNE 12, 2017

Tauren Exploration, Inc. , The mortgagee directed the mineral lessees to perform specific workovers and completions on other properties collateralized in the mortgage. Tauren Exploration, Inc., In Gloria’s Ranch, L.L.C. 4] $242,029.26 in unpaid royalties and an additional double damages penalty of $484,058.52 6] $936,803.00

Royalty 40

Royalty Exploration and Production Royalty Interest Operator 40

Exprodat

OCTOBER 28, 2024

pbix) to use as a template complete with the Power Query formulas you need to connect. Posted by Alex Rexroad, GIS Consultant, Exprodat Data Sources and Links The example service URL used in this blog is NSTA Field Production, PPRS (WGS84) layer from ArcGIS Online. Download the zipped Power BI report (.pbix)

Field 52

Field Exploration and Production API IT 52

Oil & Gas 360º

MARCH 10, 2025

(Oil & Gas 360) Publisher’s Note: Whitecap Resources will be presenting at the 30th Anniversary EnerCom Denver-The Energy Investment Conference at the Westin Denver Downtown on August 17-20, 2025. million acres in Alberta.

Energy 130

Energy Energy Exploration and Production Crude Oil 130

Oil Gas Leads

MARCH 13, 2025

natural gas production, particularly in the Haynesville Basin, as domestic gas prices surge. CEO Murray Auchincloss, speaking at the CERAWeek conference in Houston, highlighted the companys renewed focus on oil and gas, marking a strategic pivot from its previous emphasis on renewable energy. BP is doubling down on its U.S.

Natural Gas 52

Natural Gas Gas Basin Oil 52

Rextag

FEBRUARY 24, 2025

oil and gas industry is experiencing one of its most transformative periods. 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

Basin 40

Basin Oil Gas Exploration and Production 40

Oil Gas Leads

MARCH 13, 2025

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.

Basin 52

Basin Management Energy Energy 52

Oil Gas Leads

MARCH 7, 2025

The company remains committed to capital efficiency and production optimization , with a focus on delivering value-driven growth while maintaining operational discipline. The company reported 833,000 barrels of oil equivalent per day (boe/d) in the Permian for Q4 2024, attributing its success to significant efficiency improvements.

Basin 52

Basin Oil Exploration and Production Operator 52

Oil and Gas Investments

SEPTEMBER 17, 2024

This big, blue-blood gold asset was almost completely forgotten by the marketleaving lots of leverage. Goldshore has spent over $65 million on the deposit with 235,000 total meters of drilling completed by all owners to make this a BIG gold asset. GSHRs Moss deposit is 100 km west of a big resource hubThunder Bay, Ontario.

Exploration and Production 52

Exploration and Production Management Completion IT 52

Oil and Gas Investments

OCTOBER 10, 2024

Both deposits have recent feasibility studies showing they will produce 100,000 oz of gold per year for over a decade–with lots of exploration upside to realize through that time. Once production financing is in place, it takes us to the 200,000 ounce a year production level200,000 low cost ounces a yearde-risked.

Exploration and Production 52

Exploration and Production Finance Royalty Management 52

Aresco

JANUARY 17, 2025

For those looking to diversify their portfolios and enjoy significant tax advantages, oil and gas exploration stands out as a compelling option. Lets explore how investing in this sector can provide substantial benefits, particularly when it comes to taxes. For oil and gas, this percentage is typically 15%.

Oil 52

Oil Gas Exploration and Production Crude Oil 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. Better yet, click below to watch the webinar and get the full story on OFS pricing in 2025, and how using a made for oil and gas sourcing solution can help you manage your costs.

Operator 130

Operator Exploration and Production Supply Chain Oil 130

The Energy Law

JUNE 17, 2021

Doughty of the Western District of Louisiana granted Plaintiff States’ request for an injunction to block the Biden Administration’s pause on new federal oil and gas lease sales (“Lease Pause”). District Judge Terry A. Louisiana v. 2:21-cv-00778-TAD-KK, 2021 WL 2154963 (W.D. June 15, 2021).

Oil 59

Oil Gas Offshore Exploration and Production 59

The Energy Law

JUNE 17, 2021

Doughty of the Western District of Louisiana granted Plaintiff States’ request for an injunction to block the Biden Administration’s pause on new federal oil and gas lease sales (“Lease Pause”). District Judge Terry A. Louisiana v. 2:21-cv-00778-TAD-KK, 2021 WL 2154963 (W.D. June 15, 2021).

Oil 52

Oil Gas Offshore Exploration and Production 52

The Energy Law

OCTOBER 26, 2020

But the oil and gas industry stands to be impacted regardless of the election outcome in November, and those impacts will have wide-reaching effects on the U.S. oil and gas production, with the former pledging continued expansion of domestic oil and gas drilling and production, and the latter pledging to transition the U.S.

Oil 40

Oil Gas Energy Energy 40