Thursday, December 26, 2024
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Zephyr Energy plc : State 36-2R well update

Oil and Gas 360 Publisher’s Note: Zephyr Energy will present at EnerCom Denver—The Energy Investment Conference—on August 18-21, 2024. Register to attend. RNS Number : 3247R Zephyr Energy PLC 06 June 2024 Prior to publication, the company deemed the information in this announcement to constitute inside information as stipulated under the UK Market Abuse Regulation. With the publication of this announcement, this information is

U.S. rig count had an increase of 1 this week, at 585- oil and gas 360

U.S. rig count had an decrease of 6 this week, at 594

Oil and Gas 360 This week’s Baker Hughes Rig Count shows that U.S. had a decrease of 6 over last week, resulting in a total count of 594 rigs. Canada had an increase of 15 over last week, resulting in a total Canadian count of 143 rigs. Breakdown by region Of the regions tracked by Baker Hughes, no regions experienced

Namibia’s Orange basin offers optimism despite declining high impact exploration drilling, report finds- oil and gas 360

Namibia’s Orange basin offers optimism despite declining high impact exploration drilling, report finds

World Oil (WO) – The latest analysis from Westwood Global Energy Group reveals that despite favourable oil prices in 2022, high impact exploration drilling in 2023 declined by 21%, due to energy transition strategies, industry consolidation, rising well costs and reduced activity in former hotspots. Further 2023 analysis reveals that the commercial success rate is down seven percentage points on

Oil exploration firm: South Korea’s offshore prospects hold great potential- oil and gas 360

Oil exploration firm: South Korea’s offshore prospects hold great potential

Oil Price The oil and gas exploration prospects offshore South Korea have great potential and a future discovery is “highly prospective,” according to the founder of a petroleum exploration firm that advises the Asian country’s government on the drilling potential off its east coast. South Korea’s President Yoon Suk Yeol endorsed earlier this week a plan for drilling off the east coast

Oil pares gains after US data deflates expectations of near term rate cut- oil and gas 360

Oil pares gains after US data deflates expectations of near term rate cut

Yahoo Finance LONDON – Oil pared gains on Friday as demand concerns intensified after strong U.S. jobs data soured hopes of the Federal Reserve cutting interest rates soon. Brent crude futures edged up 12 cents to $79.99 a barrel while U.S. West Texas Intermediate crude futures rose 28 cents to $75.83 as of 1328 GMT. Data on Friday showed U.S.