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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. Diamondback is one of the largest players in the Permian Basin, second only to Exxon Mobil, based on gross operated oil volumes. [1]

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Reinventing upstream oil and gas operations after the COVID-19 crisis

McKinsey

To come out of the crisis, the sector needs to change how it works.

Upstream 103
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Toward a net-zero future: Decarbonizing upstream oil and gas operations

McKinsey

To operate well is to operate responsibly—but more must be done on sustainable design and balanced portfolios to achieve a net-zero future.

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Upstream Production Report: 2022 vs. 2023 vs. 2024 – Main Basins, Operators, Oil vs. Gas

Rextag

This report analyzes upstream oil and gas production trends over the last three years, based on data from Rextag Energy DataLink. The Trend Area and Wolfcamp formations dominate, while Pioneer, OXY, and EOG lead among operators. MMBBL 193 BCF Analysis: Hilcorp leads in gas production but is less significant in oil output.

Basin 59
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AIQ announces US$340 million contract for large-scale deployment of agentic AI across ADNOC operations

Oilfield Technology

The three-year contract will see ENERGYai and a suite of related AI solutions rolled out across ADNOCs upstream operations.

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Capturing the next frontier of value: Operating models for oil and gas fields of the future

McKinsey

As the global energy transition accelerates, upstream operators must modernize and shift to more economic operating models. Where and how should they seek the next generation of efficiency gains?

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AIQ, ADNOC Sign Contract to Deploy AI within ADNOC’s Operations

Egypt Oil & Gas

Building on the successful completion of a transformative proof-of-concept phase, AIQ a Presight company announced a landmark $340 million contract with ADNOC to deploy ENERGYai and associated AI solutions across ADNOCs upstream value chain.