Permian Resources agreed to acquire northern Delaware basin acreage from APA Corp. in ... and expected second-half 2025 production of 12,000 boe/d (45% oil) within its core New Mexico operating ...

Petrobras (NYSE:PBR) said Friday it has made a new oil discovery at an exploration well in the pre-salt Santos Basin off the coast of Brazil, identifying the presence of oil "of excellent quality ...

Logging of the Canyon-2 well has confirmed that Omega Oil and Gas’ Canyon project in the Taroom Trough hosts an extensive oil and gas system. High-quality, pulsed neutron logs were acquired in ...

Brazilian state-owned oil company Petrobras announced Friday that it has found oil of "excellent quality and free of contaminants" in the pre-salt layer of the Santos Basin. The well, 3-BRSA-1396D ...

Saudi Arabia is increasing oil production, a move that could drive ... those drilling outside the sweet spots of the Permian Basin. Producers operating in the lowest-cost regions are best ...

The O'Neal Smith No. 1 is the third and final well completed and put into production in the Brushy Creek VI Project. The Brushy Creek VI Project, located in Lavaca county Texas, was a three well ...

China and India, now the largest buyers of Russian crude, benefit from steep discounts, often purchasing oil well below the Western-imposed $60 per barrel price cap, according to shipping and port ...

both the city and county of L.A. have to go through the process of passing new oil phaseout ordinances. The L.A. County Board of Supervisors aims to reintroduce its oil well phaseout in early 2026.

Instead, the plane plummeted into a Navy housing complex in the Tierrasanta neighborhood, part of the larger Murphy Canyon area ... A precise map of the deadly plane crash site and its proximity ...

These natural gas swap contracts are settled based on the NYMEX Henry Hub price on each trading day within the specified monthly settlement period versus the contractual swap price for the volumes ...

“As the company integrated the Callon acquisition, activity was reduced to 8 rigs, a level capable of maintaining oil volumes in ... net acres in the Delaware Basin and 25,000 net acres in ...