Iraq Business News: Oil & Gas

FEBRUARY 25, 2025

BP has reached a contractual agreement with the Government of Iraq to invest in the rehabilitation and redevelopment of several giant oil fields in Kirkuk. It will enable us to bring our experience of managing giant fields to realise the potential of this important asset for Iraq, working alongside and in close partnership with NOC and NGC.

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Pro-Gas Services

JANUARY 17, 2025

One critical, yet often overlooked, component in this journey is the field gas conditioner, also known as a JT skid. Join us as we delve deep into the world of field gas conditioners, exploring their functions, benefits, and the crucial role they play in the oil and gas value chain. What is a Field Gas Conditioner?

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Egypt Oil & Gas

MARCH 12, 2025

They also emphasized the importance of accelerating the development of new discoveries and quickly linking them to existing facilities, which reduces production costs and the time it takes to bring wells into production to achieve optimal benefits in supporting domestic natural gas production.

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Egypt Oil & Gas

MARCH 13, 2025

Minister of Petroleum and Mineral Resources Karim Badawi held meetings with Clay Neff, President of Chevron International Exploration and Production, and Dong Sub Kim, President & CEO of Korea National Oil Corporation (KNOC), focusing on investments and capacity building.

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Keystone Energy Tools

AUGUST 29, 2024

Whether youre new to the oil and gas industry or a seasoned veteran in the field , youve likely encountered the terms conventional oil and unconventional oil. While these terms are common, their meanings can be a bit elusive. The distinctions lie not in the oil itself but in the extraction methods used to bring it to the surface.

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Oil Review Middle East

MARCH 11, 2025

This breakthrough technology, which manipulates the resident down-hole ecology, offers operators an easy-to-deploy advanced tertiary oil recovery resulting in increased production and the lowering of lifting costs. The technology is currently being evaluated by many blue-chip customers, with the benefits to the operator clear.

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Oil Review Middle East

MARCH 10, 2025

Rystad forecasts QatarEnergy will invest between US$14-15bn per year over the next few years as it continues to invest heavily in the North Field gas field and expanding LNG capacity, while ADNOCs expenditure, which reached US$5.7bn last year, is forecast to increase given its target of 5mn bpd production capacity by 2027.

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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. There were no field rules or special orders applicable to the Stiles Ranch Field.

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Rextag

DECEMBER 18, 2024

In the first part of this series, we explored the massive pipeline projects that crisscrossed the U.S., Whispers of Greatness: Early exploration hinted at untapped reserves that could change the game. Production in the U.S. Halliburton A leader in fracking technologies, enabling the rapid rise of shale gas production.

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The Energy Law

AUGUST 29, 2014

The reorganization gave BSEE regulatory authority (PDF) over safety and environmental affairs for OCS exploration and production activities. As part of the restructuring of the MMS, DOI Secretary Salazar established the IRU within BOEMRE via Secretarial Order No. 3304, issued June 29, 2010. Richard Hastings (R-Wash.),

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Egypt Oil & Gas

MARCH 12, 2025

Badawi held a meeting with Jeff Miller, the CEO of Halliburton, where they discussed ways to improve collaboration in well drilling and the application of modern technology to enhance production efficiency. The meeting further discussed leveraging Halliburton’s expertise in developing brownfields.

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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. Downstream is the refining and processing phase, where crude oil is transformed into refined products and chemicals. What is oil and gas upstream midstream downstream?

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Aresco

MARCH 13, 2025

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.

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Exprodat

OCTOBER 28, 2024

When you get to field aliases and domain or subtype descriptions, the process gets even more complicated. Out Fields a comma-separated list of the field names you want to display in your table. You can find a table of valid fields by clicking on the Fields from Service URL query table.

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Nestoil

SEPTEMBER 4, 2024

For investors, this sector offers diverse opportunities, ranging from upstream exploration to downstream refining and distribution. Upstream Investments; Exploration and Production (E&P): The upstream sector involves the search for oil and gas reservoirs and the extraction of these resources.

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Egypt Oil & Gas

MARCH 6, 2025

During the meeting, the Minister discussed to implement investment incentive programs in the oil and gas sector during the last eight months since the government was assigned , which clearly contributed to achieving positive indicators to accelerate drilling operations and production in many projects in cooperation with investment partners.

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Rextag

DECEMBER 23, 2024

Production increased by 460,000 boe/d, making Chevron a major player in international energy markets. It enhanced Conocos shale oil dominance, focusing on cost-efficient production and mature assets. Double Eagles Exploration of a Sale Value: Potentially $6.5 It's Beginning to Look a Lot Like Christmas!

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Drillers

MARCH 24, 2020

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 Energy Law

SEPTEMBER 23, 2008

Experts describe this mineral formation “as one of the richest fields of natural gas ever discovered in this region.” Persons and businesses interested in learning more about the Haynesville Shale and the opportunities it presents to landowners and the oil and gas exploration and production industry alike will benefit from this EXPO.

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Novi

OCTOBER 22, 2024

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. Directionally, the model learns the correct relationship between spacing and production, but the magnitude of penalty for tight spacing is insufficient.

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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.

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The Energy Law

AUGUST 20, 2012

112(n)(4), establishes a non-aggregation standard for exploration and production facilities, specifying that HAP emissions from oil and gas wells and compressor stations should not be aggregated for major source determinations. Background Section 112(n)(4) of the Clean Air Act, 42 U.S.C. § 7412 (n)(4)(A).Section 7412 (n)(4)(A).Section

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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. Obviously, drillers must be able to drill further and further out, which in itself is a huge challenge.

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Rextag

MARCH 3, 2025

BP has announced a shift in its energy strategy, moving away from aggressive renewables investments and increasing its oil and gas production spending. To optimize profits, the company will focus on significant oil and gas projects, production expansion, and strategic asset divestments. million and 2.5 million barrels per day by 2030.

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OilPro

AUGUST 6, 2024

In the oil and gas industry, the process of separating water and other impurities from crude oil and natural gas is crucial for efficient and safe production. In this article, we will explore what free water knockouts are, how they work, and the different types and design considerations to keep in mind when implementing them.

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Rextag

FEBRUARY 17, 2025

Ford lost $60,000 per EV in 2024, forcing automakers to scale back production. The debate over the future of oil has never been more heated. The International Energy Agency (IEA), once regarded as the gold standard for energy forecasting, now faces significant criticism for its 2024 World Energy Outlook (WEO). According to Mark P. and Europe.

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Pro-Gas Services

JANUARY 17, 2025

This crucial step ensures the quality of the final product, protects downstream equipment, and optimizes overall process efficiency. Lets explore the diverse landscape of gas separators, their various types, applications, and the critical role they play in the oil and gas industry. Let’s explore some of the most common types: 1.

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Oil & Gas 360º

MARCH 10, 2025

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. million acres in Alberta.

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Rextag

FEBRUARY 24, 2025

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 2024 Production: 6.3 MMBbl/d production increase in 2024. MMBbl/d , a 0.3

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Oil Gas Leads

MARCH 11, 2025

In this blog, well explore the most common pitfalls in DDR reporting and how companies can improve their data collection and cost tracking. Discrepancies arise when end-of-well (EOW) costs do not align with actual vendor invoices due to missing or inaccurate field entries.

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Oil and Gas Investments

SEPTEMBER 17, 2024

With 94% of the resource known to be in mineralized bands, the exploration risk to take this Inferred 5.2 Ideally in North America. The gold market now has enough life in it–$2600/oz and counting!!–that –that development stocks with these BIG ounces in the ground are moving. Its close to very cheap power ($0.08/KwH)

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The Energy Law

OCTOBER 28, 2016

In either event, the uncertainty with respect to future enforcement of the reporting and arbitration requirements may be unsettling to some contractors, who can use the opportunity to seek additional assistance with risk assessment and compliance from lawyers knowledgeable in the fields of labor law, government contracting, and administrative law.

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Aresco

DECEMBER 17, 2024

For accredited investors, direct investment in crude oil and natural gas exploration provides an opportunity to diversify their portfolios and potentially tap into lucrative returns, as well as enjoy some significant tax benefits. What Are Direct Oil and Gas Exploration Investments? Who Qualifies as an Accredited Investor?

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Oil & Gas 360º

MARCH 10, 2025

The company is set to expand the plants production capacity with an additional investment of $18 billion. Oil companies are focused on capital discipline, improving productivity and shareholder returns, rather than drilling more. ” Rising costs in aging shale fields are also a challenge. Chevron, the No.

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