Oil & Gas 360º

MARCH 13, 2025

(World Oil) –Murphy Oil Corporation today announced that a subsidiary has signed a Sales & Purchase Agreement (SPA) to acquire the BW Pioneer floating production storage and offloading vessel (FPSO) from BW Offshore.

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Pro-Gas Services

FEBRUARY 18, 2025

At Pro-Gas LLC in Dallas, Texas, we understand the dynamic nature of natural gas production and the constant need for efficient, adaptable, and cost-effective solutions. That’s why we’re excited to dive into the world of portable JT skids with you and illustrate how they can revolutionize your operations.

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Pro-Gas Services

FEBRUARY 12, 2025

At Pro-Gas LLC in Dallas, we get that maximizing efficiency in Natural Gas Liquid (NGL) production is crucial for success in today’s competitive energy market. NGLs, valuable byproducts of natural gas processing, represent a significant revenue stream for producers. Their extraction is crucial for several reasons.

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Egypt Oil & Gas

MARCH 11, 2025

Discussions focused on the German side’s potential purchase of Cypriot gas within the framework of the recently concluded agreement between Egypt and Cyprus to transport gas produced from Cypriot fields to Egypt via Egyptian liquefaction facilities.

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Aresco

MARCH 13, 2025

AI in oil and gas is propelling the industry to new heights. The oil and gas industry has always been driven by innovation, and today, artificial intelligence (AI) is pushing the sector into a new era of efficiency, precision, and profitability.

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Egypt Oil & Gas

MARCH 12, 2025

During the meeting, the two sides discussed the latest developments regarding the company’s recent successful drilling activities in the Mediterranean at the north of Alexandria, in which the company is investing in Egypt as a partner with bp, the main operator.

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Egypt Oil & Gas

MARCH 13, 2025

Omans Ministry of Energy and Minerals has signed an Exploration and Production Sharing Agreement (EPSA) with OQ Exploration and Production (OQEP) and Genel Energy to develop Concession Block 54 in Oman. Both companies have formalized a Joint Operating Agreement (JOA) to streamline operations within Block-54.

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Egypt Oil & Gas

MARCH 13, 2025

On the sidelines of CERAWeek 2025, Minister of Petroleum and Mineral Resources Karim Badawi held meetings with CEOs of international companies to discuss production and investments. In a meeting , Badawi discussed met with Lorenzo Simonelli, CEO of Baker Hughes, the company’s operations in Egypt.

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Energy Central

JUNE 26, 2023

H2 Green Steel (H2GS) and Swedish shipping company Gotland Company, have entered into an agreement to explore the possibility to establish a production plant with the capacity to supply part of Gotland Company’s fleet with green hydrogen.

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DIC Oil Tools

JANUARY 29, 2024

DIC is one of the leading Suppliers of the highest-quality products for the Oil & Gas Industry. DIC all products pass the ISO and API Certification. DIC Oil Tools is a Brand by a Dedicated Impex Company. What Does Drill Collar Mean?

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Aresco

JULY 17, 2024

Investing in oil and gas royalties involves purchasing the rights to receive a portion of the revenue generated from the production and sale of oil and gas from a particular property or lease. Passive Income : Oil and gas royalties can provide investors with a source of passive income.

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Nestoil

SEPTEMBER 4, 2024

The oil and gas sector has long been a cornerstone of the global economy, providing energy, raw materials, and substantial economic contributions. For investors, this sector offers diverse opportunities, ranging from upstream exploration to downstream refining and distribution.

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The Energy Law

MARCH 26, 2019

District Court for the Western District of Louisiana held that a unit operator may not recover post-production costs from an unleased mineral owner’s share of production proceeds in Allen Johnson, et al. 30:10 governed whether a unit operator may deduct post-production costs against UMO’s share of production proceeds. [3]

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Pro-Gas Services

JANUARY 17, 2025

Oil and gas is a complex landscape of processes, each playing a crucial role in ensuring the safe and efficient delivery of energy resources to homes and businesses worldwide. One critical, yet often overlooked, component in this journey is the field gas conditioner, also known as a JT skid. What is a Field Gas Conditioner?

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Oil & Gas 360º

MARCH 7, 2025

The addition of Luceros operations will enable Vitesse to expand its assets across the Bakken shale region, where Lucero had approximately 6.4 Mboe per day of two-stream net production during the third quarter of 2024.

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The Energy Law

APRIL 12, 2022

In Litel Explorations, LLC v. million dollars in emergency costs from prior operators of an orphaned well. The Court held that, when the LDNR spends monies from the Oilfield Site Restoration Fund on emergencies, it can only recoup those costs from the well’s operator of record and its working interest owners. LLC , 21-0741 (La.

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IBM: Oil & Gas

APRIL 27, 2021

We gained these benefits from a recent project to apply artificial intelligence (AI) to early exploration research. This helps them to make better and faster decisions in the intense competition for gas and oil exploration contracts. Interested in solutions for oil and gas?

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Pro-Gas Services

DECEMBER 20, 2024

Natural gas coolers offer a compelling alternative to traditional electric cooling systems, especially for those seeking energy efficiency and cost savings. These systems leverage the power of natural gas to provide reliable and environmentally friendly cooling solutions for residential and commercial applications.

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Rextag

DECEMBER 18, 2024

As we wrap up the year in December, were taking a moment to reflect on the early 2000s, when the oil and gas industry was booming with bold ideas and big changes. In the first part of this series, we explored the massive pipeline projects that crisscrossed the U.S., Production in the U.S. BPs global daily production reached 3.8

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The Energy Law

JUNE 30, 2023

However, HB 537 provides an exception for those “adversary” entities who have already been conducting oil and gas operations in the state. According to the American Petroleum Corporation, Louisiana’s oil and gas resources provide over 54 billion dollars in economic, trade, and job benefits.

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Oilholics Synonymous Report

SEPTEMBER 18, 2024

The state of Texas is the US' top crude oil and natural gas producing state. However, as Day I of Gastech - which is formally running from September 17 to 20 - kicked off on Tuesday, energy bosses bemoaned the lack of clarity and consistency from Washington on policy matters pertaining to natural gas exploration and LNG permits.

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The Energy Law

MAY 22, 2023

The rising demand for lithium, combined with Federal tax credits for lithium production, has intensified lithium exploration efforts. Formed during the Jurassic period, this geological formation has been tapped for oil and gas, as well as brine for production of bromine, since the 1950s.

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Aresco

FEBRUARY 14, 2024

The depletion allowance is a tax provision in the United States designed to account for the reduction of natural resources, such as oil and gas, as they are extracted and sold. For the oil and gas industry, the depletion allowance functions similarly to depreciation for other types of assets.

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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.

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DIC Oil Tools

JANUARY 2, 2024

DIC all products are tested numerous times under technical guidance and are made from Premium quality material. OCTG, Oil Country Tubular Goods , are essential parts of the oil and gas industry. When it comes to the production, exploration, and transportation of oil and gas resources, OCTG are an absolute necessity.

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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 energy production spanning Texas and New Mexico. billion, including debt.

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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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The Energy Law

MAY 5, 2016

Generally, oil and gas production facilities have accounted for volume losses under the concept of “Fuel, Flare & Losses.” In a recent case, the Louisiana Fourth Circuit Court of Appeal held that processors must also account for gas volume diverted to gas lift operations. In Red Willow Offshore, LLC v.

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Pro-Gas Services

JANUARY 17, 2025

In the intricacies of oil and gas processing, efficiently separating gas from liquids is paramount. This crucial step ensures the quality of the final product, protects downstream equipment, and optimizes overall process efficiency. Let’s explore some of the most common types: 1.

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Egypt Oil & Gas

MARCH 9, 2025

During the discussion, Badawi reviewed the areas of cooperation between Egypt and US companies in the petroleum sector, praising the vital role these companies play in supporting exploration and production efforts.

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Oilholics Synonymous Report

NOVEMBER 5, 2024

At the opening ceremony on Monday, ADNOC's CEO and the UAE's Minister of Industry and Advanced Technology Sultan Ahmed Al Jaber said the state-operated energy company will deploy autonomous AI for the very first time and called on his peers to embrace it too for the benefit of the wider energy industry.

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McKinsey

JULY 14, 2020

Exploration and production companies born during the shale boom are struggling in the era of cash. Lessons from other heavy industries can help them transform their operations from end to end.

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Rextag

DECEMBER 23, 2024

At Rextag, we couldnt think of a better gift for our readers than a look back at the deals that shaped the oil and gas industry this year. So, while you sip your cocoa and enjoy the holiday glow, lets dive into the most impactful oil and gas deals of the yearcomplete with a festive bow and a little extra surprise at the end.

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The Energy Law

OCTOBER 6, 2014

In early November, the Texas Federal Tax Institute will host the TexFed: Oil & Gas Tax Conference in New York City. The conference targets attorneys, accountants and corporate finance personnel with an interest in understanding how these transactions are implemented to meet the objective of the parties.

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The Energy Law

MARCH 28, 2022

Like traditional exploration and development, CCUS projects require the operator to secure both the necessary private property rights from landowners as well as regulatory approval from the appropriate administrative agency in order to proceed. In addition to the unit order, the operator must receive approval for its injection wells.

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The Energy Law

AUGUST 20, 2012

Moreno On August 16, 2012, EPA published a new rule that revises the NESHAP Subpart HH standards for the oil and gas industry. The 1999 EPA NESHAP standard for oil and natural gas production facilities (Subpart HH) specified the equipment to be considered to be “associated” with oil and gas wells for purposes of the regulation.

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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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