Exploration & Production (E&P)

Latin America offshore drilling gains appeal as Iran war reshapes markets

April 3, 2026

(World Oil) – A leading supplier of deep-water drilling rigs to Brazil’s national oil company expects the industry to favor oil and gas projects in Latin America, where geopolitical risk is lower than the Middle East. Constellation Oil Services Holding SA recently extended three offshore drilling contracts with Petrobras and is optimistic about Brazil’s exploration prospects in other deep-water regions, including

Israel’s Leviathan gas field to resume operations after war shutdown, energy ministry says

April 3, 2026

(BOE Report) – Israel’s offshore Leviathan gas field will resume operations after a month-long war shutdown, the Israeli energy ministry said on Thursday. The field, operated by Chevron, has been shut down since the U.S. and Israel launched attacks on Iran on February 28. “Following situation assessments and a review of all relevant considerations, it has been decided at this stage

A look at valuation dashboards: Unlock Oil & Gas 360® Premium- FREE in April

April 1, 2026

(Oil & Gas 360) – EnerCom, Inc., a leading energy communications and consulting firm, has expanded its Oil & Gas 360® Premium subscription service, offering energy investors and industry professionals access to deeper analytics, valuation tools, and market intelligence designed to support better, faster decision-making. Here’s a quick walkthrough of how to make the most of your Premium access: 1.

Devon Energy’s Gaspar sees good things ahead, stemming from his first year and the imminent merger with Coterra Energy

March 30, 2026

(World Oil) – During the third day of CERAWeek by S&P Global 2026, Devon Energy President & CEO Clay Gaspar engaged in a wide-ranging conversation with Raoul LeBlanc, Vice President for Upstream at S&P Global. They touched on his first year in his current position, his operating philosophy, the impact of the recently announced merger with Coterra Energy, and the potential impact

Interior’s Burgum sees U.S. energy agenda proceeding as planned

March 26, 2026

(World Oil) – The third day of CERAWeek by S&P Global 2026 started off Wednesday with a fascinating, wide-ranging discussion conducted with U.S. Secretary of the Interior Doug Burgum by interviewer Dan Yergin, Chairman of CERAWeek and Vice Chairman of S&P Global. Given an opportunity from Yergin at the session’s start to frame the discussion, Burgum emphasized the important role that the

Global energy leaders split on transition investments, peak oil expectations

March 20, 2026

(World Oil) – Energy and natural resources (ENR) executives remain divided on the pace of the energy transition and the timing of peak oil demand, as policy uncertainty, cost pressures and shifting market dynamics reshape investment strategies, according to Bain & Company’s 2026 industry survey. The survey, which gathered responses from more than 800 executives across oil and gas, utilities, chemicals, mining

Oil & Gas 360® Premium: Step-by-step guide to explore the valuation dashboards- oil and gas 360

Explore the valuation dashboards: Oil & Gas 360® Premium

March 20, 2026

North Dakota operators likely to increase crude output in March, regulator says

March 20, 2026

(BOE Report) – North Dakota crude output is expected to rise in March and the following months as operators in the third-largest oil-producing state restart inactive wells and winter restrictions are eased, the state’s regulator said on Thursday. The North Dakota Department of Mineral Resources said, however, that the pace of activity would depend on how long oil prices stay

IOG Resources III backs $125-million drilling program in Powder River basin

March 17, 2026

(World Oil) – IOG Resources III has closed a $125-million joint development partnership to fund an 18-well horizontal drilling program targeting the Niobrara formation in Wyoming’s Powder River basin. The program is located in Converse County and represents the platform’s first investment under IOGR III. The undisclosed operating partner will execute the drilling campaign, which adds to ongoing development activity in one of the Rockies’

Buccaneer Energy expands Texas output with Carlisle-1 well acquisition

March 17, 2026

(World Oil) – Buccaneer Energy has acquired a 100% working interest in the Carlisle-1 well in the Pine Mills field, East Texas, strengthening its position in the Fouke area and increasing near-term production and cash flow. The well is currently producing about 25 bopd, lifting the company’s total output to approximately 155 bopd. Carlisle-1 benefits from low operating costs of about $6.23/bbl and

Eni discovers more than 1 Tcf of gas offshore Libya near Bahr Essalam field

March 16, 2026

(World Oil) – The discoveries were made at the Bahr Essalam South 2 (BESS-2) and Bahr Essalam South 3 (BESS-3) structures, located about 85 km offshore in roughly 650 ft of water and approximately 16 km south of the Bahr Essalam gas field. The wells—B2-16/4 and C1-16/4—encountered gas-bearing intervals within the Metlaoui Formation, the main producing reservoir in the area. According

Mach Natural Resources: Q4 snapshot, KPIs in focus, and what management is signaling for 2026

March 16, 2026

(Oil & Gas 360) – Mach Natural Resources closed 2025 with a straightforward story: steady production, disciplined spending, and a cash distribution that remains front and center. In the fourth quarter, total volumes averaged about 154,000 BOE per day, with development drilling additions exceeding 2025 production by 18%. Adjusted EBITDA printed roughly $187 million against total revenue of nearly $388

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