Wednesday, August 14, 2024

APA

Post Oak Minerals acquires $475 million in Permian basin assets- oil and gas 360

Post Oak Minerals acquires $475 million in Permian basin assets

World Oil (WO) — Post Oak Minerals V, an affiliate of Post Oak Energy Capital LP, has completed 10 acquisitions valued at over $475 million since early 2024, primarily focusing on the Permian basin. The acquisitions include over 28,400 net royalty acres (NRA) of mineral and royalty interests, with 27,400 NRA located in the Permian basin. The remaining assets are

Oil and gas trade group applauds U.S. Supreme Court’s ruling on EPA's Good Neighbor Rule- oil and gas 360

Oil and gas trade group applauds U.S. Supreme Court’s ruling on EPA’s Good Neighbor Rule

World Oil (WO) — The American Petroleum Institute (API) released a statement from API Senior Vice President and General Counsel Ryan Meyers applauding the U.S. Supreme Court’s decision to stay the U.S. Environmental Protection Agency’s (EPA) ‘Good Neighbor Rule,’ ensuring the oil and gas industry can continue to provide affordable, reliable energy to American consumers at a time of persistent

TotalEnergies, APA Corporation, Staatsolie advance Block 58 project offshore Suriname- oil and gas 360

TotalEnergies, APA Corporation, Staatsolie advance Block 58 project offshore Suriname

World Oil Publisher’s Note: APA Corporation will be presenting at EnerCom Denver- The Energy Investment Conference, August 18-21, 2024. Register to attend.  (WO) – At the 2024 Suriname Energy Oil and Gas Summit, Javier Rielo, Senior Vice President Americas, Exploration & Production for TotalEnergies, and Annand Jagesar, CEO of Staatsolie Maatschappij Suriname N.V, the Suriname National Oil Company, announced several

APA Corporation sells non-core Permian, Eagle Ford assets for $700 million

World Oil (WO) – APA Corporation announced the sale of non-core producing properties by Apache Corporation in two separate transactions for over $700 million. Combined, the properties represent estimated net production in the first-quarter 2024 of 13,000 boed, of which just over one-third is oil. “These transactions are consistent with our active management of the portfolio, and we will continue

APA to increase global oil and gas production in 2024 with $2 billion upstream investment- oil and gas 360

APA to increase global oil and gas production in 2024 with $2 billion upstream investment

World Oil (WO) – On Feb. 21, APA Corp. released its 2023 financial results and 2024 operational outlook. In the report, APA forecasted strong U.S. oil growth in 2024, approximately 8% year-over-year and more than 10% from fourth-quarter 2023 to fourth-quarter 2024. The company has an upstream capital budget of up to $2 billion and will invest to sustain production

APA Corp. appoints former bp executive as President, CFO- oil and gas 360

APA Corp. appoints former bp executive as President, CFO

World Oil (WO) – On Jan. 9, APA Corporation announced that Stephen J. Riney has been promoted to President and Chief Financial Officer. Riney has served as Executive Vice President and Chief Financial Officer since joining APA in 2015. Prior to joining APA Corporation in 2015, Riney was the Chief Financial Officer for BP exploration and production and oversaw all

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