Matador Resources has completed its previously announced $1.255 billion acquisition of Paloma Permian LLC from EnCap Investments, expanding its Delaware Basin position with approximately 16,500 net acres and more than 156 net drilling locations in southeastern New Mexico.
Citizen Energy Ventures has brought eight wells into production in Oklahoma’s Anadarko basin and is advancing its 2026 drilling program, which includes plans to develop up to 12 additional wells targeting the Cherokee Formation.
EnerMech has secured a five-year extension of its non-destructive testing (NDT) contract with Chevron Australia, extending the agreement through the end of 2031.
Seismos has opened a new applied acoustics research center in Jarrell, Texas, featuring a 2,349-ft full-scale flow loop designed to advance acoustic sensing, closed-loop well stimulation and real-time completion optimization.
Crude oil prices are set for a modest weekly decline today, as reports of a strong rebound in oil flows out of the Persian Gulf trumped news of more U.S. troops moving to the Middle East and China’s Thursday decision to halt fuel exports this month.
Ghana’s upstream petroleum regulator, the Petroleum Commission, and Kosmos Energy Ghana on Thursday signed an agreement to facilitate the secondment of some commission engineers to Kosmos Energy’s facility in Houston, Texas. The initiative is part of the commission’s efforts to build a skilled and technically competent workforce capable of regulating and supporting Ghana’s upstream petroleum […]
Eni Ghana, together with its partner, Vitol Upstream Tano Ltd (Vitol), has signed two Memoranda of Understanding (MoUs) with the government of Ghana covering two offshore blocks, GH WB 3 and GH WB 8, in Ghana’s Tano Basin, paving the way for finalisation of the Petroleum Agreements. The Minister for Energy and Green Transition, John […]
Russia has begun commercial oil exports from Rosneft’s (ROSN.MM), Vostok Oil, its vast Arctic development that Moscow is counting on to lift crude production following years of delays and sanctions.
Shell (SHEL.L) and its partners on Tuesday gave the green light to a LNG Canada Phase 2 expansion in Kitimat, British Columbia, a C$33 billion bet that will double the facility’s production capacity to 28 million tonnes per annum (mtpa) and put Canada on a trajectory to become one of the world’s largest LNG exporters.
TotalEnergies (40%, operator), together with its partner AMNI (60%), have taken the Final Investment Decision (FID) for the development of the Ima gas field, straddling the OML 112 and 117 offshore licenses in Nigeria. Located in shallow waters close to Bonny Island, the Ima gas field will be developed with a single platform, connected through […]