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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. Momentum is already building across Libyas energy industry, with several upstream developments demonstrating the countrys renewed focus growth and investment.

Oil 130
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Strategies for Operators to Stay Ahead in a Hot M&A Market

Enverus

upstream M&A reaching $105 billion in 2024the third highest as recorded by Enverusthe market shows no signs of slowing down, with high price tag deals being driven by the scarcity of high-quality inventory. million per location. [2] 2] Learn how Enverus can help you uncover undrilled upside and assess remaining inventory accurately.

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Investment Opportunities in the Oil and Gas Sector

Nestoil

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.

Oil 52
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URTeC 2024 Recap: Insights and Highlights from the Novi Team

Novi

Novi Labs Papers Novi authored and presented 5 papers throughout the week, plus an alternate paper. We also explored the possibility of unsupervised clustering of machine learning-derived rock quality as a way of binning curves. Daily oil production from horizontal wells, segmented by year of first production.

Basin 52
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Introducing Noviโ€™s Insight Engine

Novi

Two years ago, we set out to redefine upstream data quality by licensing proprietary datasets from leading operators and mineral investors. 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.