Continental Resources has agreed to acquire FireBird Energy II, adding approximately 32,000 boed and 54,000 net Midland basin acres as the operator continues a Permian expansion that has increased its acreage by more than 40% in 14 months. SourceContinue Reading
Speaking at the Venezuela Energy Week Industry Showcase in Houston today, government and PDVSA officials outlined plans to expand private oil and gas investment, rehabilitate mature fields and aging infrastructure, and support a longer-term push toward 3 MMbpd of crude production. SourceContinue Reading
ConocoPhillips has achieved first oil ahead of schedule and under budget from its $800 million Coyote 3SX development in Alaska’s Kuparuk River Unit, with peak production expected to reach 12,000 bpd. SourceContinue Reading
CoreMarine has completed the disconnection of the Hilli Episeyo FLNG after eight years offshore Cameroon, beginning the 2.45-MMtpa vessel’s transition toward its next deployment supporting Argentina’s LNG export plans. SourceContinue Reading
Super-laterals exceeding 15,000 ft accounted for 15% of new Permian well completions in 2025, according to the U.S. EIA, as operators increasingly use longer wells to boost production while keeping drilling activity relatively stable. SourceContinue Reading
DUG Technology and ACTeQ are integrating cloud-based 3D seismic modeling with the TesserACT survey design platform, allowing exploration teams to evaluate acquisition scenarios within a streamlined workflow. SourceContinue Reading
DNO will sell its Côte d’Ivoire oil and gas business to Panoro Energy for $86.5 million, divesting roughly 3,300 boed of production as it concentrates on its expanded North Sea portfolio. SourceContinue Reading
Motive has launched an AI-powered maintenance system designed to identify equipment problems earlier, automate repair workflows and reduce costly fleet downtime. SourceContinue Reading
Zenith Energy Australia will lead the next phase of the Northern Endeavour decommissioning program, centered on the permanent plugging and abandonment of nine subsea wells in the Timor Sea. SourceContinue Reading
TGS will acquire another 1,020 km² of 3D seismic data offshore Sarawak as Malaysia targets new exploration plays and growing industry interest in the hydrocarbon-rich basin. SourceContinue Reading
