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E&P Highlights: April 7, 2025

Here’s a roundup of the latest E&P headlines, from BP’s startup of gas production in Trinidad and Tobago to a report on methane intensity in the Permian Basin.

Apr 7

E&P Highlights: March 31, 2025

Mar 31

E&P Highlights: March 17, 2025

Mar 17
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Scout Surface Solutions Acquires Kinetic to Expand Offerings

Scout Surface Solutions LLC is expanding its oil and gas services with the acquisition of Kinetic Pressure Control.

Golar’s FLNG Gimi Completes First Offload to British Sponsor

Golar LNG’s floating LNG vessel Gimi, located offshore Mauritania and Senegal, offloaded its first full cargo to LNG carrier British Sponsor.

Vertice Oil Tools Acquires Greenwell Engineering

Vertice is expanding its presence across unconventional oil & gas markets with its purchase of Greenwell Engineering Inc.

Bernstein: Wells with IPs of 1,000 boe/d the ‘New Norm’

The share of 1,000 boe/d producers in the overall population of wells drilled in 2024 rose to 46% year-over-year; 2025 could be the year a majority of wells hit the “thousand club” threshold, Bernstein reports.

ADNOC Explores $9B Acquisition of Aethon’s Haynesville Assets—Report

Abu Dhabi National Oil Co. (ADNOC) is evaluating an acquisition of natural gas assets from Aethon Energy Management valued at around $9 billion, Bloomberg reported April 11.

Saudi Aramco Discovers 14 Minor Oil, Gas Reservoirs

Saudi Aramco’s discoveries in the eastern region and Empty Quarter totaled about 8,200 bbl/d.

Barrell Energy Raises Funds to Deepen Smackover Footprint

Barrell Energy said it plans to increase its portfolio company Barrell Lithium’s leasehold to approximately 40,000 acres within the Smackover play.

Infinity’s Utica Oil Output Rising as Play M&A, Expansion Underway

Securities analysts expect some M&A may be coming from the growing oil and wet-gas results in eastern Ohio, they report, including by newly public Infinity Natural Resources.

E&P Highlights: April 7, 2025

Here’s a roundup of the latest E&P headlines, from BP’s startup of gas production in Trinidad and Tobago to a report on methane intensity in the Permian Basin.

TGS to Conduct Ocean-Bottom Node Survey Offshore Trinidad

TGS has awarded a client a shallow water ocean bottom node contract offshore Trinidad.

Black Gold, LGX Find Multiple Pay Zones in Western Indiana

Black Gold Exploration Corp. and LGX Energy Corp. are working to start production at the Fritz 2-30 oil and gas well in Indiana within 60 days.

RPC Acquires Pintail Completions to Expand Permian OFS Operations

RPC Inc. paid $245 million in cash and other considerations for the wireline service provider.

Prairie Operating Plans 11-Well Development at Rusch Pad in Colorado

Prairie Operating Co. has begun an 11-well development program in Weld County, Colorado, following the closing of its $603 million deal for Bayswater Exploration and Production assets.

E&P Highlights: March 31, 2025

Here’s a roundup of the latest E&P headlines, from a big CNOOC discovery in the South China Sea to Shell’s development offshore Brazil.

Woodside Awards SLB Drilling Contract for Project Offshore Mexico

SLB will deliver 18 ultra-deepwater wells for Woodside Energy’s Trion ultra-deepwater project starting in early 2026.

BP Earns Approval to Redevelop Oil Fields in Northern Iraq

The agreement with Iraq’s government is for an initial phase that includes oil and gas production of more than 3 Bboe, BP stated.

Japan’s Mitsui Testing Western Haynesville Alongside Comstock, Aethon

Japanese firm Mitsui has plans to drill a horizontal well in the emerging western Haynesville play as renewed foreign investment in U.S. shale continues to pick up steam.

E&P Highlights: March 17, 2025

Here’s a roundup of the latest E&P headlines, from Shell’s divestment to refocus its Nigeria strategy to a new sustainability designation for Exxon Mobil’s first FPSO off Guyana.

CNOOC Starts Production at Two Offshore Projects

The Caofeidian 6-4 Oilfield and Wenchang 19-1 Oilfield Phase II projects by CNOOC Ltd. are expected to produce more than 20,000 bbl/d of crude combined.

Expand Lands 5.6-Miler in Appalachia in Five Days With One Bit Run

Expand Energy reported its Shannon Fields OHI #3H in northern West Virginia was drilled with just one bit run in some 30,000 ft.